Tags Nigeria

Tag: Nigeria

eTranzact lost 100% of its profits in Q2 after it recovered...

The problems don't seem to be over for Nigerian electronic payments provider eTranzact after it reported it incurred a loss of $306,623 in the second quarter, wiping away the recovery it had enjoyed after a 2018 fraud scandal.

TradeDepot secures $10m to expand its financial services

Nigerian TradeDepot has reportedly netted $10m in a new funding round co-led by Partech, the International Finance Corp., Women Entrepreneurs Finance Initiative and MSA Capital.

Nigerian FinTech Wallets Africa closes funding round as it looks to...

Nigerian-based FinTech Wallets Africa, which gives consumers an app to manage their money, has closed a new investment round as it looks to grow its presence in Africa.

Retail investing app Trove said to raise funds from three angel...

Micro-investing startup Trove has allegedly secured capital from an investment round backed by three angel networks.

OPay dispels rumours it’s pulling out of its commitments in Nigeria

After picking up a massive $120m Series B round in November 2019, OPay has faced rumours that it may not launch across Nigeria as heavily as before because of COVID-19.

The FinTech industry is heating up as FIS Ventures is set...

Financial technology leader FIS has not just created a new corporate venture arm, but also given it $150m to inject into promising FinTech startups. FIS...

Nigeria-based Okra said to raise $1m in funding

Okra, which helps to connect apps with bank accounts, has reportedly raised $1m in pre-seed funding.

Carbon unveils AXA Mansard partnership and new initiatives to help people...

Nigerian FinTech Carbon has signed a partnership with insurer AXA Mansard to launch a range of healthcare benefits for its regular customers.

HUMBL and One Kiosk sign partnership to boost the financial services...

Nigerian FinTech One Kiosk has teamed up with US-based mobile financial service provider HUMBL to give its native merchants’ online ordering and delivery services a power boost.

SoftBank-backed OPay struggles with service outages and its customers are not...

Customers of OPay, the Nigerian-based PayTech company, were left unable to tap into their account through the company’s app over the weekend.

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