Over the years many startups in the world including Nigeria has being laid off due to the global issue of inflation and economic instability. Many of these startups struggle to make profits with funds raised from investors and other sources. Despite all odds, Nigeria is home to a thriving startup ecosystem, with many companies that…
Are you in need of quick and convenient access to financial assistance in 2023? Then, look no further! The 21st-century digital age has made the borrowing experience easy with lending apps that provide simplicity and speed right at your fingertips. Notably, in recent years, the number of loan apps in Nigeria has greatly increased as…
The Nigerian business landscape is always evolving, and as an entrepreneur, securing reliable funding can be the game-changer between triumph and stagnation in your business. The rigid prerequisites, collateral demands, and protracted approval processes of traditional banks have paved the way for fintech disruptors such as Renmoney and Carbon. Notably, these platforms offer swift and…
What are Card schemes? Card schemes play a crucial role in enabling users to carry out transactions using their debit, credit, or prepaid cards. For instance, when you use an ATM or make a purchase at a point-of-sale (PoS) terminal, the technology behind that transaction is provided by a card scheme. In Nigeria, there are…
Palmpay Palmpay is a digital-only bank that offers a range of banking services via its mobile banking application. PalmPay is a product of Transsnet Group, the joint venture between NetEase Group (NASDAQ: NTES) and Transsion Holdings Group. PalmPay offers financial services to meet the daily needs of many users across Africa; like top-up funds electronically, making transfers,…
Palmpay Palmpay is a digital-only bank that offers a range of banking services via its mobile banking application. PalmPay is a product of Transsnet Group, the joint venture between NetEase Group (NASDAQ: NTES) and Transsion Holdings Group. PalmPay offers financial services to meet the daily needs of many users across Africa; like top-up funds electronically, making transfers,…
Interswitch Interswitch is an integrated payments company with many solutions focused on improving African payments and commerce. Interswitch provides payment integrations, technical support, advisory support, and payment infrastructure to corporates and government agencies Interswitch was founded by Mitchell Elegbe in 2002 and has since pioneered a number of payment solutions that have carried payments in…
The stress of always going to the bank, doing paper works for just a little complaint, having to stand in a queue for long periods of hours, getting unpleasant customer care responses because they are all fed up, or even having to think of ways to bring certain documents on workdays has been reduced with…
Fintech The adoption of digital technology to finance has increasingly improved financial services delivery to businesses and households. It offers an easy-to-use, reliable and fast payment solution to customers regardless of location. As the world continually gravitates towards a global village, the need for more effective and efficient financial services becomes imperative. Businesses seek to…
Flutterwave Flutterwave’s vision is to make it easier for Africans to build global businesses that can make and accept any payment, anywhere from across Africa and around the world. Flutterwave, founded in 2016, boasts of a team of ex-bankers, entrepreneurs and engineers. Flutterwave Below are the features that make Flutterwave stand out as a payment…