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FCCPC reinstates Nigerian fintech, Sycamore as an approved digital lender

Nigerian fintech, Sycamore has been reinstated as an approved digital lender in the country. This is coming barely a month after FCCPC erroneously delisted the company.

Arican Markets

First SVB, now Mercury. US banks leave African startups in dire straits

Mercury’s stumble from fintech hero to a target of federal scrutiny highlights the complex interplay between rapid growth, regulatory compliance, and financial stability

Fintech

Nigerian fintechs resume customer enrollment after crackdown

Kuda Bank, Moniepoint, OPay, and Palmpay, have resumed customer enrollment activities after a regulatory suspension period.

Review

Review: The new Geegpay virtual dollar card is the best in the market for businesses and freelancers

Geegpay's new virtual card works for online payments like Aliexpress, Netflix, Shein, Facebook ads, Upwork credit and Apple Music. Here’s how it works and what you need to know about creating, funding, and using the card.

Explainer

How to link your NIN and BVN to your GTB, Zenith, UBA, Access and Stanbic bank accounts

Quickly link your NIN & BVN to multiple Nigerian bank accounts.

Consumer Tech

12 most preferred cryptocurrency apps in Nigeria

Looking for cryptocurrency apps to manage crypto assets & for hassle-free trading in 2024? We've discussed the most preferred crypto apps in Nigeria. Explore our top picks.

News

Exclusive: Nigerian startup Cova shuts down

Cova, a Nigerian wealthtech startup that enables users to track their assets in one place, is shutting down.

News

Nigerian fintech Cleva gets into Y Combinator W24, raises $1.5 M pre-seed

Founded just four months ago, the Nigerian fintech startup Cleva has raised $1.5 million in a pre-seed round. It is arguably the first African startup in the Y-Combinator W24 batch to be listed in the directory.

Fintech

Kuda hits ₦55.8 trillion in transaction value within four years

Nigerian neobank has recorded ₦55.8 trillion in transaction value within four years.

Consumer Tech

List of FCCPC-approved loan apps in Nigeria

Discover our curated list of popular loan apps approved by the FCCPC and CBN to operate in Nigeria. We also provide tips on choosing loan apps to ensure you make informed choices for your financial needs.

News

Paystack partners NIBSS to launch Direct Debit in Nigeria

Nigerian fintech company, Paystack is launching a Direct Debit product in partnership with the Nigeria Inter-Bank Settlement System.

News

Exclusive: Troubled Ghanaian fintech, Dash set to lay off 50% of its staff

Seven months after Dash CEO was suspended to enable a financial audit, the Ghanaian fintech plans to downsize its workforce by 50% due to its inability to raise additional funding.

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