Chipper Cash, an African cross-border payments company, has received authorization from the Bank of Ghana (BoG) to provide remittance services from the United States of America to the country. The …
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AfricaAFRICA NEWSBusinessChipperFinance & ServicesGhanaNewsNigeriaTechnologyWestern Africa
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AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaWestern Africa
Flutterwave adds Google Pay as payment option on its platform
Flutterwave, Africa’s leading fintech company, today announced Google Pay, a mobile payment service, developed by Google, as a payment method on Flutterwave’s platform. As part of this collaboration, Google Pay will …
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AfricaAFRICA NEWSFinance & ServicesNewsNigeriaTechnologyWestern Africa
Flutterwave enables eNaira collections for one million merchants
Flutterwave, Africa’s leading payments technology company, today announced that over 1,000,000 merchants can now accept eNaira payments from their customers on their platform. This follows the 3.0 product announcement event …
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AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaTechnologyWestern Africa
Arca adopts ThetaRay AI tech to monitor transactions
ThetaRay, a leading provider of AI-powered transaction monitoring technology, has announced that ARCA, a premier African payment services provider, will implement ThetaRay’s advanced SONAR SaaS anti-money laundering (AML) sanctions list screening …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaTechnology
Be Mobile, a new no-fee bank launches in South Africa
Be Mobile Africa, a low to no-fee banking product provider has announced its official launch in South Africa. The Canadian-based “neobank” offers several benefits for South Africans, including no monthly …
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AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaSpotlightTechnologyWestern Africa
Risevest CEO steps down on allegations of sexual misconduct
Founder and chief executive officer (CEO) of Risevest, a Nigerian stock investment app, Eke Urum, has stepped down due to an ongoing investigation into sexual and non-sexual impropriety allegations against him. …
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AfricaAFRICA NEWSBusinessFinance & ServicesGhanaNewsNigeriaTechnologyWestern Africa
Digital Bank, Moneymie shuts down retail service operations
Digital bank for Africans in the diaspora, Moneymie, has shut down retail service operations. Without stating the reason for this, but a highlight of its transition to cross-border payments and payouts for …
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AfricaAFRICA NEWSBusinessFinance & ServicesINVESTMENTKenyaNewsNigeriaTechnologyWestern Africa
Nigeria’s fintech startup, Grey raises $2M in seed funding
Grey, a Nigerian fintech that provides virtual international bank accounts to Africans, has raised $2 million in seed funding. The seed funding round included participation from Y Combinator, Soma Capital, …
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AfricaAFRICA NEWSBusinessNewsNigeriaWestern Africa
FCCPC bars Flutterwave, Opay, and others from providing services to loan sharks
The Federal Competition and Consumer Protection Commission (FCCPC), has barred all financial technology companies (Fintechs) to stop providing payment or transaction services to digital money lenders under its investigation. Some of …
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Banking, Finance & InvestmentBrand ComparisonBusinessBusiness InsightsSpotlightWestern Africa
Commercial banks vs fintech: The Ideal banking services for individuals and small businesses.
by Viola Echereby Viola EchereIn today’s world, consumer needs as well as mode of delivery has evolved affecting and influencing both economic and financial sectors in the society. Statistics have shown that since the …