All you need to know about the Brass-Paystack MFB transition

This deep dive first explains the process of migration, before unpacking why it happened and revealing the broader Paystack group strategy for fintech dominance.

Anchor allows AI agents to build on its infrastructure, following MCP server launch

Anchor's MCP launch stands out in a market that favours conservativeness over innovation.

EXCLUSIVE: Sycamore transitions to financial services group, following Microfinance Bank (MfB) licence

Sycamore, with ₦50 billion AUM, now operates three regulated businesses, lending, asset management and its own savings & deposit-taking product via microfinance bank licence

EXCLUSIVE: FairMoney in M&A talks with Shara

FairMoney, the Tiger-backed Series B-stage fintech, is in M&A talks with Shara, according to sources that spoke to Condia on condition of anonymity.

Exclusive: Zest payments paid CBN ₦2.7 million over delayed 2023 audited financial report

Zest faces another setback as CBN fines it for missing audit deadlines.

NDPC suspects Chams, Moniepoint and 1367 others of non-compliance with Data Protection Act, issues Notice

NDPC data privacy probe puts Moniepoint, Etranzact, Chams, and 1366 others under the microscope with potential fines up to 2% of revenue

SimpliRide targets drivers in second attempt to crack Nigeria’s ride-hailing market

SimpliRide’s ultimate success will depend on whether it can achieve the wide-scale adoption needed to challenge its entrenched, deep-pocketed rivals

Chowdeck raises $9 million to fuel Nigeria, Ghana expansion

With a user base exceeding 1.5 million customers, CEO Femi Aluko believes the team is just "scratching the surface."

Exclusive: Collect Africa shuts down to make way for Stablecoin-focused Autospend

“We realised there’s a much larger opportunity to solve a global problem,” said Abraham Ojes, co-founder of Collect Africa.

Carbin Africa to drive TIM Motors’ new & used vehicle rollout in Nigeria

Carbin Africa will support the rollout of new cars while maintaining its focus on foreign-used vehicles

54 Collective faces liquidation over misused Mastercard Foundation grant

The ruling signifies a stark end for the ambitious venture, which was established in December 2022  

Okra not dead: Shuts Nebula, doubles down on payments

Okra is restructuring its core payments business after shutting down its cloud service, Nebula. Despite exit rumours, the fintech remains active and is exploring new backers.