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Motopay: Is this the future of Nigerian Fintech App?

In 2024, while traditional banks struggle to adapt to the digital age, innovative players like Revolut have succeeded, capturing millions of users by making giving back to their customers their most important feature, and this is why they have grown to where they are...

Grey raises $2M to simplify cross-border payments across Africa

Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign...

Kuda Bank: The “Bank of the Free” Introduces 50 Naira Bank Charge

Kuda, a digital-only bank licensed by the Central Bank of Nigeria, started out in 2016 as Kudimoney (“the bank of the free”) – an online-only savings and lending platform, and had gone through a couple of funding rounds before transitioning into Nigeria’s first actual...

Financial inclusion in Nigeria: review and challenges – M-pesa story

Fintech is the ecosystem where businesses and financial institutions use technology to enhance financial services and increase access to finance in the market. It has been major booster for growth in the Nigeria financial sector. Technology has taken over, services rendered by banks are...