Posts Tagged ‘fintech’

Share Customers’ Data With Fintechs, CBN Directs Banks

The Central Bank of Nigeria (CBN) has on Thursday asked commercial banks to share their customers’ data with financial technology (Fintech) companies, as a means to increase access to financial services and provide better services to customers. Fintech firms include Quick-teller, MoniDey, Baxi, PocketMoni, Unified Payments, Paga, Cellulant, who have become an integral part of […]

African fintech OPay raises $120m

OPay, the startup behind one of Nigeria’s leading mobile payments services, has raised $120 million in a Series B funding round joined by a host of Chinese investors. The round – which comes on the heels of a $50 million round in June – was joined by Meituan-Dianping, DragonBall Capital, GaoRong Capital, Source Code Capital, […]

Fintech will be used to grow financial inclusion – SEC

The acting Director-General, Security and Exchange Commission, Mary Uduk, has said that the commission is committed to boosting financial inclusion in the sector, by investing in technology that will make it easier for people to invest in the sector. She said this during the 19th annual conference of the Risk Managers Association of Nigeria with […]