Two months shy of its second anniversary as a Nigerian digital bank, Eyowo faced its biggest setback ever: the revocation of its banking license. In this article, the founders shared what happened and the arduous attempt to turn the tide.
It was by multiple accounts an unprecedented development when, in early 2022, it was brought to notice that a fellowship of some top African tech leaders, the likes of Olugbenga Agboola, were quietly pooling efforts to turn Zambia, one of Africa’s least developed and most overlooked countries, into a regional hub of sorts.