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BD Insider 238: Nigerian fintech startups could spend over $1 million on KYC

In this letter, we explore; Rwanda to launch its own CBDC in two years, New KYC requirements could cost Nigerian fintech startups over $1 million, Copia Global lays off its remaining staff.
7 minute read
BD Insider 238: Nigerian fintech startups could spend over $1 million on KYC
Photo: Source: WeeTracker

June might have started on a rough note for many Nigerians, but there are a few reasons to be optimistic. 

First, there are two public holidays this month, and DStv/GOtv subscribers might get one month of free subscription based on a recent  Tribunal ruling on MultiChoice Nigeria.  

The freebie isn’t cast in stone yet, as the company has announced its intention to appeal the ruling, citing a breach of its right to a fair hearing. This case is one to keep an eye on, considering the incessant murmurs about subscription fees on these platforms, especially for football lovers.

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Last updated: December 23, 2024

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