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Umba, a Nigerian digital bank, has acquired a majority stake in Daraja, a Kenyan microfinance bank, for an undisclosed amount.
Momo Payment Service Bank, a subsidiary of MTN Nigeria has alleged a fraudulent loss of N22 billion in one month
Airtel Africa has revealed the official commencement of operations of its payment service bank tagged SmartCash in Nigeria. This revelation
Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN
The fintech space in Nigeria is about to get another big competitor in the name of MTN. The telco has
Prominent Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) for its
Canza Finance, a Nigerian neobank building a non-institutional-based financial system, announced the completion of its $3.27M seed round. The fundraising
One Payment Limited, a subsidiary of the Pan-African digital payments group, DPO Group has been granted a licence by the
Standard Chartered Bank has disclosed that it will close 50 percent of its branches in Nigeria to focus on digital
Guaranty Trust Bank (GTB) and Ecobank have been named as banks leading the customers adoption of the eNaira. This is