Tag: Nigeria

Nigerian FinTech buy now, pay later service CredPal has received an investment from the Cairo Angels Syndicate Fund (CASF).

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

Interswitch, which is pioneering the shift to digitised payments, has scored $110m in funding.

CredPal, a Nigerian FinTech company that offers buy now, pay later services, has reportedly collected $15m in a bridge round comprised of equity and debt.

Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners

Nigerian B2B payments platform Duplo has raised $4.3m in its seed round, which was supplied by a coalition of investors and angels.

Nigeria-based OnePipe, which builds APIs to help banks partner with FinTechs and digital services, has reportedly raised $3.5m in seed funding.

Nigeria-based lending platform Payhippo has reportedly collected $3m in its seed funding round, as it looks to scale its team to support growth.

The Central Bank of Nigeria (CBN) has unveiled its central bank digital currency (CBDC) eNaira in its pilot study named Project Giant.

Nigeria-based Brass, which provides businesses with banking tools that meet their needs, has reportedly collected $1.7m in funding.