Browsing Tag
fintech
113 posts
USSD Payment Debt Settlement: CBN and NCC Set December 2024 Deadline
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have mandated banks to settle ₦212.5…
Tyme Group Becomes Africa’s Ninth Unicorn With $250 million Raised
Tyme Group, a South African fintech, and digital lender has raised $250 million in a Series D round,…
Traddify Unveils Enhanced Payment Solution Features
Traddify, a global remittance platform, has announced new features to enhance payment solutions in Nigeria. These features will…
HUB2 Secures $8.4M to Expand Digital Payment Solutions
HUB2, a leading financial technology company, has secured $8.4 million in Series A funding to enhance its digital…
Nigeria Digital Payments Are Evolving with Jumia and PalmPay
Nigeria’s digital economy is growing at an unprecedented pace, with Nigeria digital payments leading the charge. Recent reports…
Billboxx Secures $1.6 Million Funding
Billbox, a Nigerian integrated billing-to-payment platform has successfully closed a $1.6 million pre-seed funding round. A statement from…
CBN Fines Fintech Companies Amid Increased Scrutiny
The Central Bank of Nigeria (CBN) has intensified its scrutiny of fintech companies, imposing ₦1 billion fines on…
OPay Gets CBN Award For Financial Inclusion Innovation
OPay, Nigeria’s leading financial institution has been recognized with the prestigious IFIC Award for Financial Inclusion Innovation…
FG Implements Electronic Money Transfer Levy on Transactions Above N10,000
The Federal Government now enforces the Electronic Money Transfer Levy (EMTL), charging a N50 fee on electronic transfers…
CBN Launches Redesigned Website
The Central Bank of Nigeria (CBN) has unveiled its redesigned website, www.cbn.gov.ng, which will go live on Monday,…