Positioning the company firmly in the race to win cross-border payments across the African continent
Nigerian banks must rise up to fintech challenge – ACAMB
The Association of Corporate Affairs Managers of Banks (ACAMB) has urged traditional financial institutions to embrace innovation and adapt in a changing environment to remain relevant and compete favourably with fintechs. The President of ACAMB, Mr Rasheed Bolarinwa, gave the advice at the association’s second National Stakeholder Conference 2023 edition in Lagos. Speaking at the theme: “Marketing Financial […]
Flutterwave expands into North Africa with new Egypt payments licenses
Flutterwave, Africa’s leading payments technology company, has announced today that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt. The licenses will enable Flutterwave to act as an official payment service provider in the country, collect payments on behalf of its customers and settle payments locally and globally. These licences will […]
Flutterwave launches smartphone app with new Send remittance features
Flutterwave, Africa’s leading payments technology company, today unveiled $endmobile, an app to facilitate the faster and easier transfer of funds from the diaspora to the African continent. Flutterwave also signed Tobi Amusan, the Nigeria-born 100m Hurdles Women’s World Record Holder as $endmobile’s Ambassador; a decision the company says is due to their similarity in speed and […]
Flutterwave Hires Former Mastercard Director, Emmanuel Efenure, as Head of Risk for Africa
Emmanuel Efenure, former Director of Customer Engagement and Performance responsible for leading Customer Compliance and Risk efforts for Sub Saharan Africa at Mastercard, joins Flutterwave as Head of Risk for Africa. In this role, he will oversee the continued development and execution of Flutterwave’s risk, security and scheme compliance strategy for Africa including the delivery of healthy […]
American fintech firm, Stripe, lays off 14% of its workforce
US-based fintech giant Stripe said it is laying off 14% of its workforce in what it described as the ‘hardest change’ to the company.
Nigeria Fintech Week 2022 kicks off October 25 to 28, unveils Speakers, Unique Benefits and Side Attractions
The Nigerian Fintech week kicks off this week from October 25 to October 28. It will be held at Landmark Centre in Victoria Island, Lagos, and is set to be attended by over 5,000 people from different parts of the world. NFW is the largest gathering of Fintech players, innovators, regulators, investors, big techs, developmental communities, and several other players in Africa and from […]
Fintech CEO: With Nigerian foray into CBDC, all eyes still on inflation
This week, Rakiya Mohammed, IT Director for the Central Bank of Nigeria, announced during a webinar that the nation should launch its central bank digital currency by the end of the year, a project which has been under consideration since 2017. Across the region, both Ghana and South Africa have been working on CBDCs, and […]
Drivers to receive $23 million funding from Uber Nigeria’s partner
Mobility fintech start-up, Moove, has raised $23 million to help Uber Technologies Inc. drivers buy cars in sub-Saharan Africa.
USSD service disruption: MTN to use Flutterwave, Opay, Kuda, other payment channels
It is no longer news that customers of telecom giant, MTN have over the last few days, experienced disruptions in USSD and some other services offered jointly by MTN and commercial banks owing to disagreements between the two parties over commission and service charges.