Curb your enthusiasm: payment service banks and financial inclusion in Nigeria
Can payment service banks help Nigeria achieve its financial inclusion target of 95% by 2024?
Banks
Can Fundall become the one-stop shop for the financial needs of young Africans?
When Fundall users talk about the product, they’re usually beaming from ear to ear. The company has taken time to listen to its customers on their needs and create products fitted explicitly to them.
OnePipe closes $950,000 pre-seed round from Sherpa, Techstars, others
OnePipe has raised $950,000 pre-seed funding from a roster of institutional and angel investors, including Techstars, Sherpa Africa, and Idris Bello.
Digital banks: ALAT, Kuda, Rubies, Eyowo, V by VFD, and Sparkle compared
At least one digital bank has been launched in Nigeria every year since 2017. I compare six digital banks launched in the past three years to find the best.
Carbon launches financial services platform for businesses
Carbon, Nigeria’s foremost digital financial services company, has launched Carbon for Business, a digital financial services platform that will serve small and medium-sized enterprises.
Fidelity Bank to host SME Funding Connect in August
Fidelity Bank will be hosting SME Funding Connect in Lagos on August 7, and subsequently in Kano and Port Harcourt. The event will bring together business owners and private and public financial institutions.
Nigerian Banks and Financial Technology Startups
Banks must partner with fintechs to help preserve their market share, Perhaps, they could forge ahead beyond partnerships and consider acquisitions.
How to get out of the Banking Industry in Nigeria
Do you feel stuck working for a commercial bank in Nigeria? Would you like to switch careers but the prospects are looking bleak? I wrote this with you in mind.
Chat banking takes off in Africa via Whatsapp, Clickatell at the helm
Chat banking in South Africa and Nigeria took off in 2016 and 2018, respectively. This happened primarily on Facebook Messenger. Yesterday's announcement by Nigerian banks will see it extend to Facebook's Whatsapp. The two Facebook services combined dominate the instant-messaging market for Africa. Guaranty Trust Bank Plc, (GTB) was one
Are banks leaving for Fintechs to come in?
TLDR; They collect money and distribute the money. They earn a living from net interest. While “banking dates back to 15th century medieval Italy”, the actual act of money-lending and money-changing is as old as money. Infact, money-changing, which is the act of converting money from one country or currency