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Tag "fintech"

SystemSpecs establishes two new subsidiaries, appoints Ernest Ndukwe as chairman

    SystemSpecs establishes two new subsidiaries, appoints Ernest Ndukwe as chairman

SystemSpecs, a financial technology company, has established two new subsidiaries to expand services across Africa and beyond. The two subsidiaries include SystemSpecs Technology Services Limited (STSL) and Remita Payment Services

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CrowdForce raises $3.6m fund to increase access to cash in underserved communities

    CrowdForce raises $3.6m fund to increase access to cash in underserved communities

CrowdForce, a Nigerian fintech company, has announced it closed a $3.6 million pre series-A investment. In a statement on Saturday, the firm said the round, split between equity and debt,

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Will credit culture ever take root in Nigeria?

    Will credit culture ever take root in Nigeria?

If you borrow, you better pay, or else! I’ve been following the debate about the plethora of online lenders who take delight in harassing Nigerians, and the appeal for government

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Sparkle raises $3.1m from Nigerian investors to scale digital infrastructure

    Sparkle raises $3.1m from Nigerian investors to scale digital infrastructure

Sparkle, a Nigerian digital bank, has raised a $3.1 million seed round from a group of investors in the country. Seed funding is an early stage investment offering in which

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CBN secures order freezing Risevest, Bamboo accounts over ‘illegal FX transactions’

  CBN secures order freezing Risevest, Bamboo accounts over ‘illegal FX transactions’

A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts

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CBN asks stakeholders to develop inclusive national fintech strategy

  CBN asks stakeholders to develop inclusive national fintech strategy

The Central Bank of Nigeria (CBN) has asked stakeholders in the financial sector to ensure the development of a robust,

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Chaka secures SEC’s approval — first digital stock trading licence

  Chaka secures SEC’s approval — first digital stock trading licence

Chaka Technologies, a digital investment platform, has secured a licence from the Securities and Exchange Commission (SEC) to offer stocks

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Report: Nigerian fintech companies secured most investments in Africa

  Report: Nigerian fintech companies secured most investments in Africa

Nigerian fintech companies accrued most investments on the continent despite the impact of coronavirus pandemic in 2020. This is according

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Innovation in Africa is advanced than other parts of the world, says Flutterwave CEO

  Innovation in Africa is advanced than other parts of the world, says Flutterwave CEO

Olugbenga Agboola, CEO of Flutterwave, a digital payment platform, says innovation in Africa is ahead of other parts of the

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NDIC: We’re working on insurance for non-bank financial institutions

  NDIC: We’re working on insurance for non-bank financial institutions

The Nigeria Deposit Insurance Corporation (NDIC) says it is working on providing insurance for customers of non-bank financial institutions (NBFIs)

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