Tag: Nigeria

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.

Sparkle has secured $3.1m in seed funding to expand the reach of its mobile-first digital bank service.

Nigeria-based Mono, which helps consumers connect their financial accounts in a single place, has raised $15m in its Series A.

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Nigeria-based Lidya, which offers small business loans, has reportedly raised $8.3m in its pre-Series B funding round.

Payhippo, an AI-powered lending platform, has reportedly collected $1m in its pre-seed funding round, to help it expand its team.

African FinTech Carbon has entered a five-year strategic alliance with Visa to provide digital and physical issuance of Visa cards to its customers on the continent.