Nigeria Based Micro Lending Platform Aella Credit Secures $10 million in Funding to Launch New Blockchain Based Credit Loan Service Creditcoin.
Aella Credit, a Nigerian fintech startup raises $10 million debt financing round, from HQ Financial Group (HQF), a Singapore-based private company focused in new material science, semiconductor and blockchain financial investments. Aella Credit is a micro-lending platform targeting low-income earners,…
Security Exchange Commission of Nigeria Officially Inaugurated the Fintech Roadmap Report for Implementation.
The committee implementing Fintech Roadmap from SEC Nigeria was officially inaugurated. We can recall that the security exchange commission (SEC) accepted the fintech roadmap report submitted by the fintech association of Nigeria last year 2019. The report provided a detailed…
Nigeria Deposit Insurance Corporation Opens New Unit For Emerging Technological Innovations Called Fintech and Innovation Units
Around October 2019, NDIC announced intentions to open up a special team of experts in innovation and digital technology including blockchain and artificial intelligence in NDIC. Then just recently, the Nigeria Deposit Insurance Corporation, NDIC, opened up a new department…
Ecobank Fintech Launchs Pan-African Banking Sandbox Allowing Access to its API to Help Regulate and Develop Financial Solutions
Ecobank Group has announced that it will pilot the launch of its Pan-African Banking Sandbox allowing partners and fintechs across 33 African countries to access its Application Programming Interface (API) to develop financial solutions. The announcement came on Monday, January…
A New Report Shows There is an Increase in Fintech Startups Offering Services that Allow Nigerian Youths to Buy US Stocks.
Fintech startups like Bamboo are helping a good number of young Nigerians to invest in US stocks and assets easily. According to the report released by Quartz Africa Weekly Brief, these fintech startups offering services like payment processors, payment providers…
A New Report Shows that Fintech Startup Funding in Nigeria Recorded $678.73 million Funding in Five Years with Over 150 Percent Increase in 2019.
Nigeria recorded a remarkable financial year for Fintech startup in the country with over $663.24 million in venture capital. This is the highest venture capital secured in any African country in 2019. According to a 2019 Africa Venture Capital report…
Women in Tech: Limestart, a Fintech Company Digitizing Commerce at Point of Sale for SMEs
Women in Tech: Limestart, Digitizing Commerce at Point of Sale for SMEs Makes the Fintech Ten Finalists of the UK-Nigeria Tech Hub Competition. Limestart emerged among the ten finalist at the contest pitch programme hosted by UK-Nigeria Tech Hub in…