09/16/2022
UBA extends social media banking to Instagram
Digital platforms continue to be the new strategies for financial firms to engage and gain customers amid increased social media activity and time spent on mobile devices.
FinTech
09/16/2022
Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves
The South African financial services giant Old Mutual has reportedly been designated the manager of the cash reserves of the local currency-backed stablecoin — the zarp.
09/15/2022
“Bank of Mozambique Must Find Innovative Solutions To Consolidate Macroeconomic Stability”
The Bank of Mozambique should boost the process of digitisation of the economy, particularly payment systems, with a view to reducing transaction costs and improving their efficiency
09/15/2022
Latin American giant Ebanx moves into Africa
Importantly, a high level of mobile penetration and consumption in African countries positions the region to be the “next frontier”
09/14/2022
Digital Banking And Nigeria’s Economic Growth
The widespread uptake of new digital and real-time payment services in Nigeria helped unlock $ 3.2 billion of additional economic output in 2021, representing 0.67 % of the country’s GDP.
09/12/2022
Nigerian fintech raises $13 million seed fund for regional expansion
The funding move, led by NeoVision Ventures Ltd, DLF Family Office and Shadi Abdulhadi, heralds NowNow’s plans to scale and expand its service offerings across the continent.
09/12/2022
Firm Laments Brain Drain in Nigeria’s Tech Sector
The firm added that Nigeria has abysmally low number of 85,000 technology experts out of its over 200 million population, with many migrating abroad regularly to seek greener pastures on yearly basis.
09/09/2022
Be Mobile Africa digital bank launches in South Africa
It will compete with other “neobanks” such as Bettr, a distribution channel of Access Bank in South Africa.
09/06/2022
Africa’s Financial Industry Gears up for Digital Finance Africa 2022
Africa’s Financial Industry Gears up for Digital Finance Africa 2022 - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports
09/05/2022
Ecobank Will Continually Support And Collaborate With Innovative Fintechs And Start-Ups – GCEO
Fintechs that are aligned with the Bank’s strategic objectives stand a chance to win an overall cash prize of US$50,000 for the top winner and the opportunity to partner and scale their solutions across Ecobank’s 33 African markets.
09/05/2022
Nigeria is Africa’s biggest crypto market amid bank trading ban
On the continent, Nigeria has the most digital asset owners.
09/05/2022
New technology to future-proof the network
Managers should take the advice of those who suggest that, strategically, the network should be viewed as a “whole life investment”.
09/05/2022
Online clients asking for more as banks go digital
This comes amid increased use of social media platforms including Twitter and Facebook to engage with service providers and businesses.
09/01/2022
SA Startup NoPBX Expands to Namibia
The unique NoPBX platform allows any business to set up their own business switchboard and be active in minutes, including choosing their own telephone numbers, and using just their existing cellphones.
09/01/2022
Whatsapp chat banking: Connecting FirstBank’s customers with loved ones
The WhatsApp banking channel operates in addition to the bank’s existing channels which include Unstructured Supplementary Service Data (USSD), Internet Banking, and Mobile Bank.
08/31/2022
Nigerian BaaS startup Anchor joins Y Combinator summer batch
These reports have brought about a spike in the number of companies and amount of investment activities in the fintech space in Africa.
08/26/2022
Ecobank Group Launches 2022 Edition of its Fintech Challenge with US$50,000 Prize Money up for Grabs
Ten finalists will be inducted into the Ecobank Fintech Fellowship after the finals and awards ceremony which will take place in October 2022.
08/26/2022
Path To A Bitcoin Standard In Africa
A Bitcoin standard in Africa could mean economic growth, higher quality of life and financial freedom for all Africans.
08/24/2022
Google Pay launched in South Africa
South Africa is the first African country to receive support for Google contactless payments.
08/24/2022
Investment solution to strengthen financial growth launched in Nigeria
She also noted that Branch recently recorded one of the highest ROIs in the country