Financial Services 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
Financial Services Battle for Supremacy: Digital Financial Services in Nigeria History has shown us that when a new industry emerges, a handful of companies strive for market dominance. A time like this reminds us of the “race-of-the-telcos” in the early 2000s and the “war-for-ecommerce” in the 2010s. Who will capture the Nigerian Digital Financial Services Sector?
Opinion Why would PiggyBank introduce a Flex On Monday, June 25, Piggybank.ng, an impressive Nigerian fintech startup focused on savings released new updates to their service. The updates included; introduction of PiggyFlex, higher interest rates, and PiggyPoints conversion to cash.
Financial Services 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
