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Analysis

Verve cards are now accepted on AliExpress. But their issuing business tells a sweeter story

Verve has grown card issuing by 40% year-on-year, in the last two years. This article reports the news of their partnership with AliExpress while going deep into three growth eras they've experienced.

Fintech

Hisa co-founder Eric Jackson steps down post-Risevest acquisition

Fellow co-founder Erick Asuma left the business last year. Eric Jackson solely ran Hisa since the beginning of the year and will now be looking to "touch some grass".

Analysis

How Access Holdings’ Hydrogen, Oxygen X, Pension are minting billions in profits

The company's fintech, pension, and lending ventures have demonstrated profitability within two years of incorporation.

Fintech

43% of Nigerians don’t save or have stopped saving, according to Piggyvest 2024 Savings Report

The second report reveals that a staggering 43% of Nigerians either don’t save or have stopped saving altogether.

Fintech

YC-backed Touch and Pay processes ₦20 billion transactions, launches dollar feature for Nigerian transport

Its flagship product which simplifies transport payments has surged in transaction volumes, processing over ₦20 billion already in 2024, and helping them achieve profitability status, Afolabi said.

Fintech

Moniepoint achieves unicorn status with $110M funding round

Development Partners International (DPI) led the $110 million Series C funding round for Moniepoint.

Fintech

Over 600 Nigerian freelancers and creators gathered at the Geegs & Groove Festival

The event by GeegPay, featured insightful talks, the launch of the Raenest USD physical card, and a variety of fun games and prizes.

Fintech

Wise enables local payouts to Nigeria for the nth time

Wise (formerly TransferWise) is restarting naira transfers to Nigeria for the third time after a two year pause. This time it will have to compete with other local and well-funded players like LemFi and Flutterwave $end.

Fintech

Stripe to soon allow US retailers to sell directly to Nigerians

Nigeria is one of the two markets where Stripe has begun to allow merchants to accept local payment methods without having to set up a local entity.

Fintech

Fintech giant Visa backs Kenya’s Workpay in $5 million raise

The startup has raised new funding led by Norrsken22, with Visa joining, to streamline HR and payroll across Africa, enhancing compliance and expanding financial scope

Fintech

Is Africa’s growth-driven fintech boom built to Last?

Is Africa’s growth-driven fintech boom built to Last?

Fintech

Zone and NIBSS want to reduce the failed POS transaction rate in Nigeria with this blockchain solution

Obi Emetorom, Zone CEO talks about Zone’s novel solution that has no failure point and why the fintech is championing the concept of a regulated blockchain

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