Opera-owned OPay raises $120m in Series B funding round
The Nigerian start-up will use the fresh cash to expand in the region.
Nigeria
Visa sends Nigerian fintech Interswitch to unicorn status
Sources say Visa paid $200 million for a 20% stake.
Cowries Microfinance Bank goes live on Craft Silicon solution
Nigerian bank moves forward with new core system.
SME lender Lidya aims for top spot in Nigeria, next stop Eastern Europe
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
Nigerian fintech Lidya launches SME lending platforms for Poland and Czech Republic
The company’s USP is to create 100 million jobs worldwide.
FairMoney raises €10m to build challenger bank in Nigeria
FairMoney serves 200,000 customers who are mainly small businesses.
Digital Nigerian bank Kuda raises $1.6m in pre-seed funding
Kuda is the first digital-only bank in Nigeria.
EY inks agreement with Open Banking Nigeria
It will extend services to individuals and businesses across Nigeria.
Nigerian banking start-up favours Oracle FSS
EXCLUSIVE: Titan Trust Bank selects Oracle FSS for its core and digital banking technology.
Kudi raises $5m to expand bank agent network in Nigeria
Series A funding will support mission to serve underbanked people.
Korapay allows Nigerian migrants to send money back home
Currently in the US, but to be expanded to Canada, the UK and Europe.
One Finance gets bigger with Amplify acquisition
The details of the deal remain undisclosed.
Nigerian fintech TeamApt is apt for $5.5m of funding
To develop digital solutions for Africa.
Nigerian paytech OyaPay is no more
“Our grand experiment is at an end after 365 days.”
Nasdaq nets new Nigerian trading tech deal
Nigerian Stock Exchange signs on for five more years.
Airtel Nigeria plans payment service bank
Telco seeks out nation’s mobile market.
Core banking tech developer Riby secures funding from Microtraction
Riby has developed a cloud-based core banking system for African co-ops and credit unions.
First Bank takes it to WhatsApp with Clickatell
Customers will be able to bank through the chat app.
Azimo partners with Interswitch for cross-border payments in Nigeria
Creating a Europe-Nigeria channel for the underbanked.
