Money and Finance

REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa, has attracted a further $10 million from Dutch-based entrepreneurial development bank

Nigerian fintech and lending startup Lidya announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital led the investment

International money transfer provider Small World Financial Services has announced that customers in Nigeria can now receive money in minutes across an

Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group (www.Ecobank.com), is pleased to announce that it

To unify customer experience while using its Mobile App, Stanbic IBTC Holdings PLC, is set to introduce the Single Sign-on

To increase financial inclusion and support the digital transformation of financial institutions across Africa and the Middle East, IFC launched

In furtherance of its mandate to promote a sound financial system and facilitate the development of electronic payment system in

When VFD Microfinance Bank entered Nigeria’s budding virtual banking space with its VBank app in March 2020, it joined the

Despite high interest rates, the allure of quick cash has made mobile money lenders a preferred credit facility for many

Beijing will hand out 40 million yuan (about 6.27 million U.S. dollars) in digital currency to consumers in the city

China has enhanced supervision over virtual currencies to further fend off financial risks and forestall speculation in virtual currency businesses.

China has penalised five of the nation’s lenders in yet another warning shot to the industry to stamp out misconduct and tame

Cryptocurrency exchange Quidax launched its ecosystem token, QDX, on JulSwap’s launchpad Julpad. QDX will be the first exchange token to

The African Export-Import Bank (Afreximbank), successfully closed a $1.3 billion dual tenor bond issuance, the Bank’s largest-ever transaction in the

Polaris Bank Plc has launched its own digital banking services, called VULTe, designed to provide self-service transactions and increase the

BPC is proud to announce that the Vista Bank Group (Vista) has selected its paytech provider Radar Payments to drive its global payment

Paxful, the global peer-to-peer fintech, announced over $5 billion has been traded to date on its platform and that it now has

Jaiz Bank has embraced and deployed the newly introduced Quick Response Code (NQR) to ease transactions for customers and merchants. NQR

FBNQuest Asset Management, a subsidiary of FBN Holdings, recently held annual general meetings for five mutual funds managed by the

Nigeria’s Access Bank, Atlas Mara  and ABC Holdings (ABCH), have entered into a definitive agreement regarding a proposed acquisition of

Microfinance banks operating in the country under the umbrella name of National Association of Microfinance banks (NAMB), have taken a

Tekedia Capital announces investments in Pass, Nigeria and TradeGrid, California, USA Nigeria’s Pass is an emergent digital bank with an operating layer of

Coinbase made a rousing debut on Wall Street, with the digital currency exchange’s first trade of $381 giving it a market

The Central bank of Nigeria has commenced the enrolment of Deposit Finance Institutions (DFls), Microfinance Banks (MFBs) , Mortgage Banks