Digital lending companies are financial technology (fintech) companies that provide loans to individuals and businesses through digital platforms. In Nigeria, digital lending has gained significant popularity in recent years due to the high demand for credit and the limited access to traditional banking services. There are several digital lending companies in Nigeria, including Carbon, Renmoney,…
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,…
When a company’s offerings are out of touch with its target market, its performance tends to suffer dramatically. Every business needs to focus on offering its products to the right audience to increase sales and succeed. The key to achieving this lies in giving your company or product a tone that appeals to your target…
The Payment Processing landscape ISOs Independent Sales Organizations (ISOs) sell credit card processing services to merchants, and they act as intermediaries between merchants, payment processors, and acquiring banks. In some cases, they might actually be banks; for example, Wells Fargo is a Fiserv ISO. ISOs service merchant bank accounts and, at times, create the relationship…
Should we learn from mistakes and say we failed forward or pause and conduct an extensive test on about-to-be-launched strategies? In arriving at a winning formula in any new or existing enterprise, there is a possibility that several approaches are evaluated. The various impacts of these approaches on the business models are considered in developing…
The topic for this article is easily a controversial one! I’ll share my thoughts, and I will value agreeing or opposing views – Let’s learn!I will provide contextual definitions for a startup and a business to support my case.A Startup is a temporary organization in search of a scalable, repeatable, profitable business model to validate…
A business is a living entity, breathing, growing, and making an impact on nature! The core of every business is growth. Animals grow through their life until death, and every business is a good replica of this cycle. The laws of business and the laws of nature hold between them several similarities, both of which…
