The African Development Bank’s initiative, the Africa Digital Financial Inclusion Facility (ADFI), and Y’ello Digital Financial Services (YDFS), the fintech subsidiary of MTN Nigeria, have signed an agreement for a $500,000 grant initiative to determine the feasibility of deploying women agents in the northern part of Nigeria where, due to security issues and cultural […]
Tag Archives: Fintech
MTN Group is pleased to announce the appointment of Adekunle Awobodu as our new Chief Financial Officer for Digital and Fintech. Kunle is a seasoned business and finance professional who has spent most of his career at MTN, including serving as CFO for MTN Nigeria and for the MTN Irancell joint venture. “We are […]
25
Nov
Nov
Driven to secure financial inclusion across its markets, MTN Group continues to grow the number of MTN Mobile Money (MoMo) users on its network, a trend that has accelerated during the COVID-19 pandemic. By the end of September 2020, nearly 42 million people were regularly transacting on MTN MoMo across 16 markets. This compares to 38 million […]
The world is ruled by technology – the advancements that have been made in the past decade were thought to be blasphemy centuries ago, yet here we are. Financial technology seeks to use innovation and technology to advance the delivery of financial services. Nigeria’s financial technology industry raised an estimated investment of US$679 million in […]
Blog, News
Interswitch Hosts Over 2000 Tech/Payment Stakeholders At 1st of Its Kind Conference – Interswitch Connect
15
Sep
Sep
Recent statistics published by the Nigerian Communications Commission (NCC), highlight a greater diffusion of Internet technology in Nigeria, signified by a sharp increase in the use of mobile, which has risen to 91.6 million in 2016. The report also stated that Nigeria’s internet penetration percentage now stands at 51%. The foregoing outlook presents an auspicious landscape for […]
Blog, News
Brett King, John Chaplin, Iyin Aboyeji, Shola Akinlade, others Set To Speak at #InterswitchConnect
25
Aug
Aug
Come September 14th and 15th 2017, Landmark event centre Lagos will be bustling with the crème of the crop of Africa’s tech/payment ecosystem for the maiden edition of Interswitch Connect. Themed “Digital Transformation Imperatives: Innovative Evolution or Disruptive Innovation”, the 2 day conference organized by Interswitch, promises to be tech/payment event of the year with a lectures and keynote speeches from […]
Blog, Food for thought, News
Cashless 2.0: The Second Coming of Cashless and the Rise of “Fintechs” by Akeem Lawal
17
Mar
Mar
On the 21st of February this year, the Central Bank of Nigeria announced the re-introduction of the Cashless policy. The cashless policy of the CBN, first introduced in January 2012, is aimed at achieving three main objectives; First, the development and modernization of Nigeria’s payment systems to drive economic development, secondly providing more efficient transaction […]