Starting a business can be a daunting prospect, as it’s normal to have doubts and skepticism about the potential outcomes. Questions like “Will my business make money?” or “Will people buy my products or services?” are common concerns. However, while these fears are valid, it’s possible to take steps in the right direction and increase…
Funding is key for businesses of all shapes and sizes. According to CB Insights, lack of proper funding is the leading cause of startup failures responsible for 38% of failures. Without appropriate funding, a startup is likely to fail regardless of how good its product or business model is. Thus, knowing the ways of funding…
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…
TeamApt, founded in 2015 is Nigeria’s largest business payments platform, processing $100 billion in annual run-rate transaction value. The company is backed by QED, British International Investment, FMO, and other leading global venture capital funds. TeamApt was founded with the vision to create a society where everyone experiences financial happiness. It does this through Moniepoint…
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…
We all make mistakes. Mistakes are a part of the learning process. However, there are some mistakes you are better off not making. Here are the top 5 business marketing mistakes you should never make and the impact they will have on your business. Business Marketing Mistakes Not having a marketing plan Not knowing your…
The bamboo app is a legit platform that holds all its accounts at a top-tier U.S. brokerage firm, a member of the Securities Investor Protection Corporation (SIPC). Bamboo is also registered with the Securities and Exchange Commission, and it offers over 3000 assets, including U.S. stocks, REITs, and ETFs. Stocks from well-known corporations like Netflix,…