Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies and receiving £80,000 in grant capital, bespoke and expert-led venture building support for six months and 1:1 connections with investors and corporate innovators that can help […]
Opay announced this afternoon that it would be shutting down some of its business units (for now) to focus only on financial technology services. A press statement they released, said they primarily blamed the development on the COVID-19 pandemic, as well as a recent regulation by the Lagos State Government which banned commercial motorcycles across […]
The Central Bank of Nigeria (CBN) has released a new framework for regulatory sandbox operations in Nigeria which seeks to provide regulatory oversight for fintech innovation. The sandbox is a formal process for firms to conduct live tests of new innovative products, services, delivery channels, or business models. This will be done in a controlled […]
The Nigerian fintech sector is booming, both in the area of developing solutions and raising of investments. This was the general consensus during the soft launch of an Economist Intelligence Unit (EIU) Research on Fintech in Nigeria with the support of Mastercard and MTN. The webinar was a forerunner to the main event which was […]
Temitope Adeyemo Okay, let’s settle this. Nothing is faster than the speed of light. There are many pitfalls in running a successful and sustainable business. You will make a few mistakes here and there. You will, if you don’t give in or give up, overcome and become better at running your business. There are however […]
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22.3″ min_height=”1822px”][et_pb_row admin_label=”row” _builder_version=”3.22.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″][et_pb_text admin_label=”Text” _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] Access to credit is essential for economic development and growth. When businesses and individuals have access to credit, they can do today what would have been deferred to a future date. The lending gap is an age long […]
