The Central Bank of Nigeria (CBN) has launched its Fintech Report, offering a detailed snapshot of Nigeria’s rapidly expanding digital finance ecosystem, while flagging key regulatory and infrastructure gaps that ...
Moniepoint processed ₦412 trillion in transactions and disbursed over ₦1 trillion in credit to Nigerian SMEs in 2025, powering 8 in 10 in-person POS payments nationwide. ...
Nigeria’s central bank has upgraded the licences of leading fintechs and microfinance banks, including Opay, Moniepoint and Kuda, granting them nationwide operating status and stricter regulatory oversight. ...
African fintechs raised $1.4B in 2025, but just 5 companies captured 43% of the funding, highlighting extreme concentration and a struggling early-stage funding ecosystem. ...
Flutterwave says its acquisition of Nigerian open-banking startup Mono will cut costs, boost margins, and strengthen its position ahead of a potential IPO, according to CEO Olugbenga Agboola. ...
Flutterwave has acquired Nigerian open banking startup Mono in an all-stock deal valued at $25–$40 million, strengthening its payments, data, and identity infrastructure across Africa. ...
The Corporate Affairs Commission (CAC) has issued a stern warning to fintech companies enabling unregistered PoS agents, threatening blacklisting and CBN sanctions as Nigeria moves to enforce mandatory registration by ...
Vodacom Tanzania introduces M-Pesa Global Payment, enabling customers to pay merchants worldwide via Visa, Alipay, TerraPay, and MTN Uganda. The upgrade boosts cross-border trade and financial inclusion for Tanzanian businesses ...
Thunes and MoMo PSB (MTN Nigeria) have launched a direct international payment corridor that lets Nigerians receive money instantly from countries like the US, UK, Canada, France, Australia, Saudi Arabia, ...