55 h. ago Collaborative approach key to Africa’s $10bn fintech success— Flutterwave CEO

Payment regulators in Nigeria and other African countries are supportive of innovation but expect accountability and strong consumer protection from fintech operators, the Chief Executive Officer of Flutterwave, Olugbenga Agboola, said on Monday. Agboola, who leads Africa’s largest payments technology firm, made this disclosure at the ongoing GITEX Africa’s tech summit in Morocco, dismissing claims Read More

Politics

68 h. ago UBA launches upgraded PoS, MONI App to boost digital payments in Africa

United Bank for Africa (UBA) Plc has launched an enhanced Point of Sale (PoS) terminal alongside a revamped UBA MONI App, in its efforts to transform the digital payment landscape and empower small and medium-scale enterprises (SMEs) across Africa. The upgraded platforms form part of the bank’s ongoing campaign with the theme: Innovation for Progress: […] The post UBA launches upgraded PoS, MONI App to boost digital payments in Africa appeared first on The Sun Nigeria.

Politics

1 week ago Verve Unlocks New Frontiers In Digital Payments With Contactless Innovation

Verve, Africa’s foremost domestic payment card and token brand, is breaking new ground in the digital payments space through a bold push into contactless technology and key international partnerships. This strategic evolution marks a significant milestone in Verve’s journey to make payments faster, safer, and more accessible across borders. Leading the charge in innovation, Verve […]

Politics

1 week ago Spotify royalty payouts to Nigerian, South African artists surge to $60m

Audio streaming giant Spotify’s (SPOT.N), opens new tab royalty payments to artists from Nigeria and South Africa – its two read more Spotify royalty payouts to Nigerian, South African artists surge to $60m

Politics

1 week ago Powering Nigeria’s Digital Economy: Mastercard’s Vision for Payments, Inclusion, and SME Growth

Mastercard Country Manager and Area Business Head, West Africa; Folasade Femi-Lawal spoke with The Punch Q;    Payments remain a challenge for businesses in Nigeria, especially SMEs. How is Mastercard helping resolve this challenge? A;   Nigerian businesses, particularly small and medium enterprises (SMEs) face significant challenges in accepting payments. One of the key hurdles Read More

Politics

1 week ago Nigeria’s AI market projected to hit USD $434.4 million by 2026 – Report

Corporates charged to explore opportunities We want to make Nigeria Africa’s fintech powerhouse- Remita By Henry Uche Poised to make Nigeria Africa’s fintech powerhouse, Remita Payment Services Limited (RPSL), in a report from a survey titled Unlocking the Power of AI in Nigeria’s Fintech Sector, said Nigeria’s AI market is projected to reach USD $434.4 […] The post Nigeria’s AI market projected to hit USD $434.4 million by 2026 – Report appeared first on The Sun Nigeria.

Politics

2 w. ago Palmpay Partners Verve To Provide 35m Customers Debit Cards Access

Africa’s largest domestic payments card and token brand, Verve, partnered with PalmPay, one of  digital payments platforms, to launch the PalmPay debit card, at the Tech Unite Africa event recently held at the Muson Convention Centre, Lagos, Nigeria. The PalmPay debit card, now powered by Verve, offers users a convenient way to perform transactions both […]

Economics

3 w. ago Africa’s digital payment market to hit $1.5 trillion by 2030 — Mastercard

Africa’s digital payment economy is projected to reach $1.5 trillion by 2030, according to a report commissioned by Mastercard. The read more Africa’s digital payment market to hit $1.5 trillion by 2030 — Mastercard

Politics