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 […]
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, […]
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 […]
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