Moniepoint Inc., a leading African fintech company, has taken another bold step in youth empowerment by partnering with the Mega Impact Foundation to support the 5th edition of the NextGen Connect Interschool Oratory Competition held in Asaba, Delta State. The competition, commemorating the International Day of the Boy Child, […]
FINTECH
Nigerian fintech powerhouse Moniepoint Inc. has taken a significant step toward expanding into East Africa, following the green light from the Competition Authority of Kenya (CAK) to acquire a 78% stake in Sumac Microfinance Bank Limited. The acquisition, however, still awaits final approval from the Central Bank of Kenya (CBK), […]
PalmPay, a leading mobile banking and financial services platform, has unveiled a major corporate social responsibility (CSR) initiative titled “Passing the Baton”, aimed at empowering 5,000 women-owned businesses across Kano and Kaduna States. The initiative is part of PalmPay’s ongoing commitment to inclusive economic empowerment and represents a strategic push […]
As part of its continued drive to promote financial inclusion and grassroots empowerment, PalmPay, one of Nigeria’s leading mobile money platforms, has launched a major Corporate Social Responsibility (CSR) initiative titled “Passing the Baton.” The programme, rolled out across Kano and Kaduna, is set to benefit 5,000 women-owned microbusinesses, providing […]
Moniepoint Inc. has once again earned a spot on the Financial Times’ prestigious list of Africa’s Fastest Growing Companies, marking the third consecutive year the fintech giant has been recognized for its stellar growth and operational excellence. The 2025 edition of the annual ranking — compiled by the Financial Times […]
Nigeria is making waves in the African startup ecosystem, with five Nigerian startups securing top spots on the Financial Times’ 2025 list of Africa’s fastest-growing companies. The country claims 28 positions on the prestigious list, second only to South Africa’s 51. The rankings, compiled in collaboration with Statista, are based […]
The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform in Abuja, marking a significant step forward in the country’s efforts to boost financial inclusion for Nigerians living abroad. The new digital platform allows Nigerians […]
L-R General Counsel at Moniepoint Inc, Okechukwu Eke; Chairman, Senate Committee on Legislative Compliance, Senator Garba M. Maidoki; Representative of the Nigerian Bar Association and Vice-Chairman,Senate Committee on Legislative Compliance, Senator Ede Dafinone at the recent high-level workshop organized by the Senate in Abuja Stakeholders at a high-level workshop organized […]
PalmPay is accelerating Nigeria’s transition to a cashless economy by championing the adoption of contactless-enabled payment terminals, reinforcing its commitment to innovation, inclusion, and secure digital finance. The announcement came during the BusinessDay Future of Payment Conference themed “Fintech Evolution: Gateway to Payments,” where fintech leaders gathered to explore the […]
OPay, a leading Nigerian fintech company, has announced the expansion of its N1.2 billion, 10-year scholarship program to students at the University of Ilorin (UNILORIN), underlining its ongoing commitment to enhancing access to education across Nigeria. The scholarship initiative, designed to ease the financial burden of students, will allow recipients […]

