Innovative Solutions Unveiled: Lagos Tech Founders Hackathon 2024 drives financial inclusion
The Lagos Tech Founders Hackathon 2024 brought together brilliant minds from across the technology industry to tackle one of the most pressing issues in emerging markets: financial inclusion. Participants worked together under the theme “Building Software Solutions That Enhance Financial Services, Banking, Payment Systems, and Financial Inclusion” to create ground-breaking solutions that will transform the financial landscape. […]
Mastercard and Mono Partnership Bolsters Nigerian Startup’s Path to Profitability
Mastercard, the global payment giant, has partnered with Mono, a Nigerian YC-backed open banking startup, to enable direct bank account payments without the need for cards or USSD codes. This partnership positions Mono closer to its goal of profitability by the end of 2024. Mono’s CEO, Abdul Hassan, shared that the startup moved from negative […]
Nigerians Turn to Alternative Platforms as Binance Faces Regulatory Clampdown
The ongoing crackdown on Binance, Nigeria’s most popular crypto exchange, has driven users to alternative platforms like Bybit, Kucoin, and Telegram’s in-app wallet. This shift follows regulatory actions, including restricted access to Binance, Coinbase, and Kraken websites by Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), due to allegations of forex price manipulation. Many crypto […]
