October 2024 marked a significant month for African startups, with a total of $254 million secured in funding, fueled by a record-setting $110 million Series C round from Nigerian fintech Moniepoint. This single investment accounted for 43% of the month’s total, reinforcing Nigeria’s leading role in Africa’s technology landscape and […]
FINTECH
MoneyMaster Payment Service Bank (MMPSB), a leader in Nigeria’s payment services, has launched a new offer for both new and existing customers, granting them 10% extra data on recharges of N1,000 or more. This bonus, which lasts for 30 days with a rollover feature, is designed to reward loyal customers […]
PalmPay, Nigeria’s leading fintech platform, was awarded the Most Outstanding Fintech Driving Financial Inclusion at the prestigious BrandCom Awards 2024, held on October 26th. The award, presented by Brand Communicator, celebrates Palmpay’s remarkable contribution to expanding financial inclusion across Nigeria. The recognition from Brand Communicator reflects PalmPay’s commitment to bridging […]
MoMo PSB has announced the launch of its new outbound and inbound remittance service, enabling customers in Nigeria to send money to 13 African countries seamlessly. The service covers destinations such as Benin Republic, Cameroon, Congo Brazzaville, Côte d’Ivoire, Democratic Republic of Congo, Gambia, Liberia, Malawi, Rwanda, Sierra Leone, Togo, […]
Leaders of the Owode Onirin market in Lagos have formally endorsed MoneyMaster Payment Service Bank (PSB), commending its innovative financial products, exceptional customer service, and dedication to enhancing financial inclusion. The endorsement came during a visit from the MoneyMaster PSB team on Friday, coinciding with the week-long celebration of the […]
L-R: Dr Babatunde Obrimah, COO FintechNGR; Tiwalola Osazuwa, Partner, AELEX Partners; Noble Obasi, Team Lead for Private Equity, Capital Markets, and Mergers & Acquisitions, Stren & Blan; Ade Bajomo, President FintechNGR; Bemi Idowu, Founder & MD, Talking Drum; Taiwo Kamson Ketiku, Principal, EchoVC; Chika Nwosu, MD, PalmPay after a panel discussion […]
A cross section of 9 Payment Service Bank staff during award presentation at the 2024 Customer Service Week activity held at the bank’s head office in Victoria Island, Lagos 9 Payment Service Bank (9PSB), Nigeria’s premier digital payment bank focused on advancing financial inclusion, recently celebrated the 2024 Customer Service […]
L-R: Oladimeji Saka, Lead Retail Banking, 9 Payment Service Bank (9PSB), Seun Folorunsho, Assistant General Manager, Fintech Association of Nigeria, Branka Mracajac, Chief Executive Officer and Managing Director, 9 Payment Service Bank (9PSB), Inemesit Ekong, Team Lead, Marketing Communications 9PSB, Myra Abasiakara, Digital Marketing & Content Officer, 9PSB, Chukwuemeka Ugwu, Chief Compliance […]
Fintech Association of Nigeria (FintechNGR) has concluded its 2024 elections, ushering in new leadership with the election of Dr. Stanley Jacob, CEO of Zest Payments Limited, as the association’s President. The election, widely recognized for its fairness and transparency, represents a pivotal moment in the association’s governance, marking the transition […]
L-R: Head of Partnership, PalmPay, Chibuzor Melah; Managing Director/CEO, AfriGOPay Financial Services Limited, Ebehijie Juliet Momoh; Managing Director, PalmPay, Chika Nwosu; Vincent Ogbunude, MD, Payment Tokens (Verve); Femi Hanson, Head, Marketing and Communications, PalmPay at the recent 5th Anniversary celebration of the fintech in Ikeja, Lagos. PalmPay, a leading fintech company in […]

