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Features

Inside Sycamore’s ambition to become a financial powerhouse 

Sycamore co-founders talk about the company’s first six years, its evolution and ambitious plans, including the launch of its asset management arm with over ₦10 billion in assets under management.

Funding

Yango Group launches $20 Million Venture Fund to empower African startups

Yango Group, a global tech company, has introduced Yango Ventures, a $20 million corporate venture fund aimed at supporting early-stage startups across Africa and other emerging markets. The fund seeks to drive innovation in O2O services, B2B SaaS, and fintech while offering mentorship and strategic support.

News

Sycamore secures SEC licence, appoints new asset management head

Sycamore secures an SEC fund management licence and appoints Oluwagbenga Magbagbeola to lead its asset management arm.

Opinion

Reinvention in Business: Lessons from Sterling Bank’s Transformation 

While filming the documentary, Obinna Ukachukwu, Sterling Bank’s growth executive, said something that stuck with me: “Sterling Bank has killed itself and was changing its skin, beak, and claws.”

News

B2B payment platform Nilos expands to West Africa, promising faster and cheaper cross-border payments

Founded in 2021 by Raphael Fettaya and Eytan Messika, Nilos set out to simplify financial operations for businesses operating in multiple currencies. T

Fintech

Nigeria ends 13-year Remita partnership, launches new treasury system

While the company has demonstrated resilience in the past, including surviving a Senate probe in 2016, the loss of this major government contract will undoubtedly impact its revenue streams

Financial Services

SANEF taps ex-Diamond Bank executive Uzoebo as CEO to drive financial inclusion

Uzoebo is the second female to hold the top position in a row.

Financial Services

Access Bank faces customer outcry after core system upgrade disrupts services

"Yesterday after service, I was typically stranded due to a bank’s negligence," one of the customers told Condia on Monday.

Fintech

VFD Group invests ₦5 billion in fintech arm, V Bank 

This move aligns with the broader trend of parent companies investing heavily in their fintech subsidiaries to capitalise on the financial services market in Nigeria

Fintech

Wave appoints former APO comms director Yasmina Bileoma as Regional Director of Public Relations

The appointment comes as Wave seeks to strengthen brand awareness in the company’s growing markets

Fintech

Stanbic IBTC to inject ₦4 billion into fintech subsidiary, Zest

This is indeed cherry news for Zest, which is lagging behind peers like GTCO’s fintech subsidiary, HabariPay, and Access Holdings' fintech, Hydrogen.

Fintech

MoneyHash raises $5.2M pre-series A funding for market penetration

The payment orchestration platform operating in MEA has now raised $12.7M in three rounds in its four years of existence.

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