SympliFi, a United Kingdom-based Fintech company, and AXA Mansard, a member of the global leader in insurance and asset management – AXA, have entered into a partnership to offer loan services whilst also providing access to insurance and health care through SympliFi’s digital platform.
Category: Tech
MTN Nigeria set to issue N89.99bn bond
MTN Nigeria Communications Plc is set to launch a Series 2 Bond of about N89.99bn. A mail sent from Chapel Hill Denham Advisory Limited to MTN investors and reported by Nairametrics, said, it is a “Series 2 Bonds of up to N89.99bn under its N200bn Bond Issuance Programme.”
CBN to own a major stake in E-Naira’s Bitt Inc
The Central Bank of Nigeria has announced that it will own a majority stake in Bitt Inc. after its registration in Nigeria. The Caribbean fintech company is the technical partner of the CBN is the launch of Nigeria’s digital currency on October 1.
Didi, China’s ride-hailing app has plans to launch in Nigeria
Didi is a popular ride-hailing app in China’s 1.3 billion strong population and it is planning to launch in Nigeria. Since its founding in 2012, Didi has become China’s dominant ride-hailing service, with over 550 million annual active users globally in 17 countries including South Africa, Australia, and Russia. Didi is quoted in the New York Stocks Exchange.
OurPass, a Nigerian one-click checkout platform, raises $1M pre-seed.
Why do I have to log in and log out from different e-commerce sites as I shop online? Shopping can be a whole lot more fun if a fast logging and checkout system existed across all your favourite online stores.
MTN Partners Flutterwave for MoMo Expansion to Cameroon, Others
MTN Mobile Money (MoMo) is now available for businesses using Africa’s indigenous payments technology, Flutterwave, in Cameroon, Côte d’Ivoire, Rwanda, Uganda, and Zambia. This follows the recent mobile money partnership with the fintech firm to empower millions of businesses to embrace e-commerce in the MTN markets by accepting digital payments from MoMo consumers.
BREAKING: Nigeria’s National Policy on 5G Approved Today
The Federal Executive Council (FEC) sitting in Abuja today has approved the controversial Fifth Generation Networks Policy otherwise known as 5G for Nigeria.
Who Owns OPay?
Zhou Yahui (born February 1977) is a Chinese billionaire s the chairman and CEO of Opera Software, the mother company of OPay. In 2008, he founded Kunlun Tech Co Ltd., one of the largest web game developers in China, where he was the chairman and CEO until 2020. Yahui currently has an estimated net worth is US$2.2 billion.
NIBSS Pushes for NQR Contactless Payment Adoption
The Nigeria Interbank Settlement System plc (NIBSS) had in March 2021 launched a new Nigeria Quick Response (NQR) Payment Solution to make payment more convenient for all merchants, businesses and customers in the country in partnership with other Financial Service Providers.
Top 10 Countries in e-Money Payments
Nigeria has recently joined the league of nations that are actively transacting businesses with electronic currencies. This development brings to mind other economies that are already thriving using digital currencies.