Moniepoint MFB, recognized by the Financial Times as Africa’s fastest-growing financial institution, has announced the relaunch of its personal banking referral program. This initiative aims to enrich its customers as they share the Moniepoint experience with family and friends. The revamped referral program is designed to reward users whenever their […]
FINTECH
Moniepoint MFB, Africa’s fastest-growing financial institution according to the Financial Times, has relaunched its personal banking referral program to enrich its customers as they enjoy the Moniepoint experience with family and friends. The referral program is designed to reward users every time their friends or family perform a transaction on Moniepoint after […]
PalmPay is happy to report that onboarding has resumed for both users and merchants on its mobile app, after the Central Bank of Nigeria’s prohibition on onboarding new clients. This significant achievement reflects PalmPay’s continuous dedication to transforming the Nigerian financial services industry by offering seamless, safe, and effective financial […]
PalmPay, a digital financial services provider, has announced the resumption of onboarding new customers. This development follows a thorough review by the Central Bank of Nigeria (CBN), ensuring compliance with regulatory standards. Effective immediately, both individual and business users can once again register for PalmPay’s services. The company expressed its […]
MoMo, the payment service bank under MTN’s ownership, has unveiled an open Application Programming Interface (API) with the aim of bolstering digital wallets within its platform. This move by the PSB encourages companies to seamlessly integrate the API for payment processing and collections. Despite digital wallet users constituting a mere […]
The Central Bank of Nigeria (CBN) has announced the imminent resumption of new customer enrollment for mobile money operators, including prominent fintech firms such as OPay, Palmpay, Kuda Bank, and Moniepoint. CBN Governor Olayemi Cardoso disclosed this during the 295th Monetary Policy Committee (MPC) meeting held in Abuja on Tuesday. […]
Nigeria’s central bank has reversed its decision to implement a contentious 0.5% cybersecurity levy on electronic transfers just three days prior to its scheduled enforcement. The revision comes following an amendment to the Cybersecurity Act in 2024, which expanded the levy’s coverage to include fintechs, payment service providers, and other […]
Whooping sum of $182 billion transaction volume from its client base on a spectacular trajectory is anticipated in 2023, according to business payments platform Moniepoint Inc. The microfinance bank was named “Africa’s Fastest Growing Financial Institution” by the Financial Times for the second consecutive year. Tosin Eniolorunda, the group chief […]
According to data, supportive legislation, and the Nigerian ecosystem’s easy-to-do business environment, the unbundling of the country’s fintech sector has undoubtedly grown exponentially over time.. However, In every evolving economy like Nigeria, concerns must be observed and have been observed in the digital FinTech Space. Among them are challenges with […]
9 Payment Service Bank (9PSB), Nigeria’s leading digital payment service bank dedicated to advancing financial inclusion, recently sponsored the Kano TechPrenuer Conference, a pivotal gathering for tech entrepreneurs. Held at the Meena Event Centre on Lodge Road in Kano, the conference, organized by IMH Global, centered on the theme “Empowering […]