FINTECH

The earliest bank in Nigeria, First Bank Plc, has an array of products that are targeted to cater to specific sectors. One of them is the First Edu Loan which is packaged and designed to provide funding solutions to schools and other educational facilities nationwide. The entire essence of this loan product is to help improve the quality of…

Moniepoint is another mobile money merchant that uses Point of Sale (POS) machines as their main device for collection and other transactions. Just like OPay,…

OPay, since their breakout in Nigeria, has been bringing freedom and ease through unmatched mobile money service. Through their apps on iOS and Android,…

FamPay is an Indian-based payments app designed just for teenagers and their families. This is done through FamPay special prepaid cards called FamCards. With the parents’ consent, minors can use FamPay to make instant money transfers, cash withdrawals, P2P payments, and card payments without having to have a bank account. Besides, FamPay allows…

The day was 16th March 2021. Flutterwave, Africa’s leading digital payments technology company, announced that it had teamed up with the world renowned payment…

Cryptocurrencies, like BTC and ETH, have proven resilient, useful, and dynamic. At least, they are weathering the storms the existing economic setup is posing…

Commercial deposit banks charge on every service rendered, as it should be. However, over time, this has plagued the experiences of their customers as some charges are mostly hidden and largely unnecessary. Nowadays, most customers are even in forced marriages with their banks because they cannot really do without the essential services the…

Leading payments network, Visa, has announced that it now settles payments in the USDC stablecoin on the Ethereum blockchain. This new development is another…

Founded in 2016, Kuda Bank started out as “Kudimoney” which roughly translates to The Free Bank. They were solely an online lending and deposit platform.…

Last week, leading Nigerian bank - Fidelity Bank Plc, launched their new loyalty scheme that is designed to reward customers(staff inclusive) that are committed to actively do transactions via their bank accounts. The bank is introducing Fidelity Green Rewards to build brand loyalty and a stronger customer base for the near future. This article…