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Nigerian Fintech Raises US $4.5 Million

Over the past decade, Africa has seen an explosion in fintech applications and for the country of Nigeria, the growth rate has been immaculate. The major roadblock for many of these startup’s is the difficulty in accessing real-time banking data. This, in turn, creates a bottleneck when onboarding and verifying customers. One area that has …

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Fintech Startup Paystack Scammed In Africa

Online scams have been around for practically as long as the internet has existed. Everybody remembers the free iPads, cruises, and hotel visits we won and could claim by just entering our credit card and social security information, seems legitimate right? It didn’t take long for scams like that to get widely recognized and mostly …

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How Has the Pandemic Impacted Fintechs?

It’s widely known and unfortunate news that the pandemic has led to not just widespread health turmoil, but also worldwide economic recessions. Lockdowns have caused many businesses deemed as “non-essential” to close their doors indefinitely, or operate at a far lower capacity than normal. All this while still being expected to pay the same rent …

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Nigerian Fintech Startup Appzone Raises €8 Million

The global fintech sector has given opportunities to innovators from all around the world to generate new ideas and inventions based on circumstance. Africa is one of the world’s current fintech hotspots, especially countries such as Nigeria and Kenya, where innovations come from needs that wouldn’t be possible anywhere else. For example, the M-pesa money …

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Nigerian Fintech Bankly Revolutionizes Nation

Fintech is creating a worldwide movement of digitizing the way we handle money, whether that’s with cryptocurrencies like bitcoin and ethereum, or how we make transactions with companies such as PayPal, Venmo, and Cash App. Fintech has been especially exciting to see in many African countries, where the need for modern technological amenities such as …

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Kenya Makes Major Strides in Fintech

COVID-19 has perhaps been the biggest recent reminder of just how global and interconnected our world has become over the past few decades. Similarly to how people have gained the ability to travel virtually anywhere on the planet and that more people will gain the accessibility to do so over time, knowledge has also gained …

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