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  • Top 10 Fintechs In Nigeria
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🏅 Top 10 Fintechs In Nigeria

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Experts Set for Nigeria Fintech, Fin...
Experts Set for Nigeria Fintech, Financial Inclusion Roundtable
 · Experts are ready to attend this year’s Nigeria Fintech and Financial Inclusion Roundtable, slated to hold April 26 in Lagos. The experts include: Dr. Group Chairman of the Nigerian Exchange ...
2 days ago
Experts set to brainstorm on fintech...
Experts set to brainstorm on fintech, financial inclusion in Nigeria
 · A A. Experts are gearing up to evaluate the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage and dichotomy between banks and fintechs. They will also ...
5 days ago
Experts Set for Nigeria Fintech, Fin...
Experts Set for Nigeria Fintech, Financial Inclusion Roundtable
 · Cookey, who is also the Publisher/Editor-in-Chief of Business Journal Media Group, listed the objectives/ expectatio­ns from the Roundtable to include evaluation of the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage & dichotomy between banks and fintechs, explore the convergenc­e of banking, telecom and insurance in terms of financial inclusion ...
2 days ago
Why most Nigerian fintechs may never...
Why most Nigerian fintechs may never become profitable - Mitchell ...
 · The founder/Group CEO of Interswitch, Mr. Mitchell Elegbe has said that most fintech businesses in Nigeria may never become profitable because they started on the wrong footing by providing some services for free. Elegbe stated this on Saturday during the 4th edition of the Doing Business in Nigeria Conference (DNBC) in Lagos.
6 days ago
Licence hurdles limiting innovation,...
Licence hurdles limiting innovation, funding for African fintechs ...
 · But in Nigeria to grow to that point you have to acquire many licences. More fintech needed to solve problems Speaking against the backdrop of the number of fintechs in Nigeria, Elias, whose company is helping small businesses to go cashless, said Nigeria needs more fintechs and tech companies to address the myriads of challenges confronting different sectors of the economy.
Apr 13, 2024
FINTECH MAGAZINE AFRICA - Fintech ey...
FINTECH MAGAZINE AFRICA - Fintech eyes in africa
 · Fintech eyes in africa. 1 Kenyan Insurtech Company Pula Raises US$20 Million Series B Funding to Expand Its Reach Across Africa 2 Why Nigerian Fintechs and Startups Fail: Interswitch CEO Mitchell Elegbe Shares Insights 3 Mastercard And Equity Bank Partner to Enhance Cross-Border Money Transfers in Kenya 4 Luno Extends footprint in South Africa, Secures Operational License 5 Financial ...
5 days ago
Fintechs should develop products tha...
Fintechs should develop products that address the exact needs of their ...
 · Recent Stories. Cellulant Welcomes Leading Executives from Payment Industry Leaders To Strengthen Its Management Team And Drive Its Global Growth Strategy April 16, 2024; Fintechs should develop products that address the exact needs of their customers (By Mike Cook) April 16, 2024 The European Union, the German Cooperation (GIZ) and Orange launch a strategic partnership to support the digital ...
4 days ago
Top 10 startups in FinTech in East A...
Top 10 startups in FinTech in East Africa - Tracxn
 · Kopo Kopo is a platform to enable small and medium businesses to accept mobile payments and build relationships with their customers. Also provides an unsecured cash advance of up to Kshs 5M to merchants using their mobile payment app. Collects a daily percentage of sales in return and a flat fee for the service.
10
Apr 13, 2024

List Of Fintechs In Nigeria

TechCabal Daily – Wema Bank unlists...
TechCabal Daily – Wema Bank unlists seven fintechs
 · In Nigeria, mobile money operators are experiencing an uptick. According to a report by the Nigeria Inter-Bank Settlement Systems (NIBSS), MNOs experienced an increase in transactions during the first quarter of 2024. The total value of transactions from January to March 2024 reached N17.2 trillion.
1 day ago
Experts Set for Nigeria Fintech, Fin...
Experts Set for Nigeria Fintech, Financial Inclusion Roundtable
 · Founded on January 22, 1995, THISDAY is published by THISDAY NEWSPAPERS LTD., 35 Creek Road Apapa, Lagos, Nigeria with offices in 36 states of Nigeria , the Federal Capital Territory and around ...
2 days ago
Experts Set for Nigeria Fintech, Fin...
Experts Set for Nigeria Fintech, Financial Inclusion Roundtable
 · Experts Set for Nigeria Fintech, Financial Inclusion Roundtable 2024-04-18 - ... Journal Media Group, listed the objectives/ expectatio­ns from the Roundtable to include evaluation of the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage & dichotomy between banks and fintechs, explore the convergenc ...
2 days ago
Experts set to brainstorm on fintech...
Experts set to brainstorm on fintech, financial inclusion in Nigeria
 · A A. Experts are gearing up to evaluate the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage and dichotomy between banks and fintechs. They will also ...
5 days ago
Why Nigerian Fintechs and Startups F...
Why Nigerian Fintechs and Startups Fail: Interswitch CEO Mitchell ...
 · In his recent analysis, the CEO of Interswitch Mitchell Elegbe delved into the intricate factors contributing to the lack of profitability for several Nigerian fintech companies and the failure of startups. While speaking at the 4th edition of the Doing Business in Nigeria Conference (DNBC) in Lagos, themed, ‘Sustainable Transformations: Innovating for Growth’, Mr. Elegbe
5 days ago
Top 10 startups in FinTech in East A...
Top 10 startups in FinTech in East Africa - Tracxn
 · Kopo Kopo is a platform to enable small and medium businesses to accept mobile payments and build relationships with their customers. Also provides an unsecured cash advance of up to Kshs 5M to merchants using their mobile payment app. Collects a daily percentage of sales in return and a flat fee for the service.
10
Apr 13, 2024
Licence hurdles limiting innovation,...
Licence hurdles limiting innovation, funding for African fintechs ...
 · But in Nigeria to grow to that point you have to acquire many licences. More fintech needed to solve problems Speaking against the backdrop of the number of fintechs in Nigeria, Elias, whose company is helping small businesses to go cashless, said Nigeria needs more fintechs and tech companies to address the myriads of challenges confronting different sectors of the economy.
Apr 13, 2024
Experts set for Nigeria Fintech, fin...
Experts set for Nigeria Fintech, financial inclusion roundtable
 · Cookey, who is also the Publisher/Editor-in-Chief of Business Journal Media Group, listed the objectives/expectations from the Roundtable to include evaluation of the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage & dichotomy between banks and fintechs, explore the convergence of banking, telecom and insurance in terms of financial inclusion ...
5 days ago

Top Fintech Apps In Nigeria

Nigerian FinTech and the Promise of...
Nigerian FinTech and the Promise of Financial ... - Inspirationfeed
 · Nigeria is currently witnessing what some have termed a “golden age” in relation to financial technology (FinTech) and its widespread applications. With a focus on inclusivity and accessibility, these advancements are not only democratizing financial services for the traditionally unbanked populations but also fostering a robust ecosystem for digital entrepreneurship.
1 day ago
16 top Mobile Payments companies and...
16 top Mobile Payments companies and startups in Nigeria in 2024
 · M-tall's Enterprise Ltd Its a natural tea blend meant to refresh and stimulate the system. Sonvisage Sonvisage Ltd. is a progressive and dynamic medial tech startup in Nigeria. See more startups. Detailed info and reviews on 16 top Mobile Payments companies and startups in Nigeria in 2024. Get the latest updates on their products, jobs, funding ...
16
2 days ago
FintechNGR pushes wider adoption of...
FintechNGR pushes wider adoption of mobile app banking in Nigeria ...
 · The Fintech Association of Nigeria (FintechNGR) is advocating for the widespread adoption of mobile app banking, citing numerous benefits that are transforming the financial landscape in Nigeria. Big Story
15 hours ago

Top 10 Fintech Banks In Nigeria

Inside LemFi’s play to be fintech to...
Inside LemFi’s play to be fintech to the Global South diaspora
 · And its expansion to serving Asian communities is likely to be the other main driver: While Nigeria, one of LemFi’s main “receive” markets, is among the top 10 recipient countries globally ...
3 days ago
Six Nigerian Commercial Banks Increa...
Six Nigerian Commercial Banks Increased Their Investment on IT Amid ...
 · According to reports, six (6) commercial banks in Nigeria ramped up their investment in information and technology (IT) by 44.66 percent, totaling N205.34 billion. This surge in spending corresponds with the increasing number of customers engaging in electronic transactions. Financial statements from these banks also indicate a significant uptick in income from electronic transactions, rising
4 days ago
Experts Set for Nigeria Fintech, Fin...
Experts Set for Nigeria Fintech, Financial Inclusion Roundtable
 · Founded on January 22, 1995, THISDAY is published by THISDAY NEWSPAPERS LTD., 35 Creek Road Apapa, Lagos, Nigeria with offices in 36 states of Nigeria , the Federal Capital Territory and around ...
2 days ago

Top Fintech Companies In Nigeria

TechCabal Daily – Wema Bank unlists...
TechCabal Daily – Wema Bank unlists seven fintechs
 · With over 200 fintech companies in Nigeria, only 17 are licensed for mobile money services. Accept fast in-person payments, at scale. Spin up a sales force with dozens – even hundreds – of Virtual Terminal accounts in seconds, without the headache of managing physical hardware.
1 day ago
Inside LemFi’s play to be fintech to...
Inside LemFi’s play to be fintech to the Global South diaspora
 · These events spotlight the company’s growing influence in Africa’s remittance market, fueled by a $33 million Series A funding round and the launch of services in the U.S. corridor, both ...
3 days ago
100 top Finance companies and startu...
100 top Finance companies and startups in Lagos in 2024 - F6S
 · Apr 18, 2024. Finance companies snapshot. We're tracking PayHippo, OnePipe and 308 more Finance companies in Lagos from the F6S community. Finance is the 3rd most popular industry and market group. If you're interested in the Finance market, also check out the top Blockchain, Banking, Insurance, FinTech or Accounting companies.
100
2 days ago
16 top Mobile Payments companies and...
16 top Mobile Payments companies and startups in Nigeria in 2024
 · Mobile Payments companies snapshot. We're tracking Paga, Wallet.ng and more Mobile Payments companies in Nigeria from the F6S community. Mobile Payments forms part of the Finance industry, which is the 3rd most popular industry and market group. If you're interested in the Finance market, also check out the top Blockchain, Banking, Insurance, FinTech or Accounting companies.
16
2 days ago
Unified Payments unveils 6-week fint...
Unified Payments unveils 6-week fintech training in Nigeria
 · April 15, 2024. Unified Payments Services Limited (Unified Payments) has launched its Unified Payments Academy, a first-of-its-kind six-week programme in Nigeria’s fintech industry. The academy aims to bridge the talent gap in the fast-growing industry by nurturing and training top-tier professionals, the company said in a statement. It said ...
5 days ago
Experts Set for Nigeria Fintech, Fin...
Experts Set for Nigeria Fintech, Financial Inclusion Roundtable
 · Experts are ready to attend this year’s Nigeria Fintech and Financial Inclusion Roundtable, slated to hold April 26 in Lagos. The experts include: Dr. Group Chairman of the Nigerian Exchange ...
2 days ago
Experts set to brainstorm on fintech...
Experts set to brainstorm on fintech, financial inclusion in Nigeria ...
 · A A. Experts are gearing up to evaluate the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage and dichotomy between banks and fintechs. They will also ...
5 days ago
Licence hurdles limiting innovation,...
Licence hurdles limiting innovation, funding for African fintechs ...
 · The founder/CEO of Payble Technologies, a Nigerian fintech company, Roosevelt Elias, has said the multiplicity of licenses required to operate across African countries is limiting innovation and funding for fintech companies in the continent. Elias, who stated this in an interview with Nairametrics, said this is also making sending money from ...
Apr 13, 2024

Top Fintech Companies In Nigeria 2023

Inside LemFi’s play to be fintech to...
Inside LemFi’s play to be fintech to the Global South diaspora
 · By the end of 2023, immigrants in these three countries could send money to 10 African destinations, including Nigeria, Kenya, Ghana, Senegal, Ivory Coast, Benin Republic, Cameroon, Tanzania ...
3 days ago
Nigerian Banking, Fintech, and Telec...
Nigerian Banking, Fintech, and Telecom Sectors Thrive Despite ...
 · The analysis below outlines the most important factors contributing to the positive reputation of the leading commercial banks, fintech companies, and telecommunication providers in Nigeria in Q1 2024. In the banking sector, Stanbic IBTC Bank solidified its leadership status by introducing an Enhanced Super App tailored for business owners.
3 days ago
Why Nigerian Fintechs and Startups F...
Why Nigerian Fintechs and Startups Fail: Interswitch CEO Mitchell ...
 · In his recent analysis, the CEO of Interswitch Mitchell Elegbe delved into the intricate factors contributing to the lack of profitability for several Nigerian fintech companies and the failure of startups. While speaking at the 4th edition of the Doing Business in Nigeria Conference (DNBC) in Lagos, themed, ‘Sustainable Transformations: Innovating for Growth’, Mr. Elegbe
5 days ago
Nigeria in Top 20 Least Expensive Co...
Nigeria in Top 20 Least Expensive Countries for Freelancers
 · The top 20 countries with the least expensive freelancers At the other end of the scale, Australia has the most expensive freelancers, costing an average of $594.56 per job – 724% more than hiring an Australian freelancer on average.
15 hours ago
P+ Measurement Services Reveals Q1 2...
P+ Measurement Services Reveals Q1 2024 Media Sentiment Report ...
 · The analysis below outlines the most important factors contributing to the positive reputation of the leading commercial banks, fintech companies, and telecommunication providers in Nigeria in Q1 2024. In the banking sector, Stanbic IBTC Bank solidified its leadership status by introducing an Enhanced Super App tailored for business owners.
2 days ago
Overview | LexinFintech
Overview | LexinFintech
 · Corporate Profile. We are a leading credit technology-empowered personal financial service enabler. Our mission is to use technology and risk management expertise to make financing more accessible for young generation consumers. We strive to achieve this mission by connecting consumers with financial institutions, where we facilitate through a ...
1 day ago
NGX Chairman, others, set for Nigeri...
NGX Chairman, others, set for Nigeria Fintech, financial inclusion ...
 · A A. Alhaji (Dr.) Umaru Kwairanga, Group Chairman of the Nigerian Exchange Group (NGX) and Dr. Apochi Agada, Group Managing Director/CEO, Unified Payment Services Limited would Chair and deliver ...
5 days ago
Experts set to brainstorm on fintech...
Experts set to brainstorm on fintech, financial inclusion in Nigeria
 · A A. Experts are gearing up to evaluate the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage and dichotomy between banks and fintechs. They will also ...
5 days ago
Bamboo is another fintech investment startup in Nigeria for investing in local and foreign stocks using its app. Tranzact is one of Nigeria’s top payment processing platforms. It is the only payment processing platform that is quoted on the Nigerian stock exchange.
Other than as set out above, there are generally no types of fintech business that are at present prohibited or restricted in Nigeria. Whether a particular form of business will be permissible under Nigerian law and the required licence/approval will depend on the nature of such a business. 2. Funding For Fintech

Top 10 Fintech Companies In Nigeria 2023

Inside LemFi’s play to be fintech to...
Inside LemFi’s play to be fintech to the Global South diaspora
 · By the end of 2023, immigrants in these three countries could send money to 10 African destinations, including Nigeria, Kenya, Ghana, Senegal, Ivory Coast, Benin Republic, Cameroon, Tanzania ...
3 days ago
NGX Chairman, others, set for Nigeri...
NGX Chairman, others, set for Nigeria Fintech, financial inclusion ...
 · A A. Alhaji (Dr.) Umaru Kwairanga, Group Chairman of the Nigerian Exchange Group (NGX) and Dr. Apochi Agada, Group Managing Director/CEO, Unified Payment Services Limited would Chair and deliver ...
5 days ago
Nigerian Banking, Fintech, and Telec...
Nigerian Banking, Fintech, and Telecom Sectors Thrive Despite ...
 · The analysis below outlines the most important factors contributing to the positive reputation of the leading commercial banks, fintech companies, and telecommunication providers in Nigeria in Q1 2024. In the banking sector, Stanbic IBTC Bank solidified its leadership status by introducing an Enhanced Super App tailored for business owners.
3 days ago
Experts set to brainstorm on fintech...
Experts set to brainstorm on fintech, financial inclusion in Nigeria ...
 · A A. Experts are gearing up to evaluate the growth of fintechs in the Nigerian financial system in the past 10 years, analyse the marriage and dichotomy between banks and fintechs. They will also ...
5 days ago
Why Nigerian Fintechs and Startups F...
Why Nigerian Fintechs and Startups Fail: Interswitch CEO Mitchell ...
 · In his recent analysis, the CEO of Interswitch Mitchell Elegbe delved into the intricate factors contributing to the lack of profitability for several Nigerian fintech companies and the failure of startups. While speaking at the 4th edition of the Doing Business in Nigeria Conference (DNBC) in Lagos, themed, ‘Sustainable Transformations: Innovating for Growth’, Mr. Elegbe
5 days ago
Nigerian Exchange (NGX) - african ma...
Nigerian Exchange (NGX) - african markets
 · Nascon Allied Industries Plc has reported an increase in its profit after tax from N5.46 billion reported in 2022 to N13.72 billion for 2023. This represents an increase of 151.28% from the previous year. NGX Nigeria | NGX All Share Index performance, chart, value, financial news, listed companies, market information, market data.
5 days ago
A general introduction to Banking Re...
A general introduction to Banking Regulation in Nigeria
 · Perhaps the most significant hurdle to macroeconomic growth in 2023 was the double-digit inflation, which rose to a high of 28.92 per cent in December from 21.82 per cent in January 2023. 9 In its ...
3 days ago
FINTECH MAGAZINE AFRICA - Fintech ey...
FINTECH MAGAZINE AFRICA - Fintech eyes in africa
 · Fintech eyes in africa. 1 Kenyan Insurtech Company Pula Raises US$20 Million Series B Funding to Expand Its Reach Across Africa 2 Why Nigerian Fintechs and Startups Fail: Interswitch CEO Mitchell Elegbe Shares Insights 3 Mastercard And Equity Bank Partner to Enhance Cross-Border Money Transfers in Kenya 4 Luno Extends footprint in South Africa, Secures Operational License 5 Financial ...
5 days ago
Bamboo is another fintech investment startup in Nigeria for investing in local and foreign stocks using its app. Tranzact is one of Nigeria’s top payment processing platforms. It is the only payment processing platform that is quoted on the Nigerian stock exchange.
Other than as set out above, there are generally no types of fintech business that are at present prohibited or restricted in Nigeria. Whether a particular form of business will be permissible under Nigerian law and the required licence/approval will depend on the nature of such a business. 2. Funding For Fintech
Fintech accounted for only around 1.25 percent of retail banking revenues in 2019. 12 And while fintech investments in Nigeria grew to approximately $460 million in 2019, the majority of which was from external investors, this was only a small fraction of the $36 billion invested in fintech globally. 13

List Of Approved Fintech Companies In Nigeria

TechCabal Daily – Wema Bank unlists...
TechCabal Daily – Wema Bank unlists seven fintechs
 · With over 200 fintech companies in Nigeria, only 17 are licensed for mobile money services. Accept fast in-person payments, at scale. Spin up a sales force with dozens – even hundreds – of Virtual Terminal accounts in seconds, without the headache of managing physical hardware.
1 day ago
Is Flutterwave approved by CBN? - Te...
Is Flutterwave approved by CBN? - TeezabTech
 · Yes, Flutterwave is indeed approved by the Central Bank of Nigeria (CBN). As a financial technology company operating in Nigeria, Flutterwave must obtain the necessary licenses and approvals from the CBN to operate legally within the country. Flutterwave’s compliance with CBN regulations demonstrates its legitimacy and commitment to operating ...
15 hours ago
Why Nigerian Fintechs and Startups F...
Why Nigerian Fintechs and Startups Fail: Interswitch CEO Mitchell ...
 · In his recent analysis, the CEO of Interswitch Mitchell Elegbe delved into the intricate factors contributing to the lack of profitability for several Nigerian fintech companies and the failure of startups. While speaking at the 4th edition of the Doing Business in Nigeria Conference (DNBC) in Lagos, themed, ‘Sustainable Transformations: Innovating for Growth’, Mr. Elegbe
5 days ago
NGX Chairman, others, set for Nigeri...
NGX Chairman, others, set for Nigeria Fintech, financial inclusion ...
 · A A. Alhaji (Dr.) Umaru Kwairanga, Group Chairman of the Nigerian Exchange Group (NGX) and Dr. Apochi Agada, Group Managing Director/CEO, Unified Payment Services Limited would Chair and deliver ...
5 days ago
FAQS
Dolphins FC is the best football / soccer team in Nigeria today. Enyimba are the second best. The third place belongs to Plateau United, while Enugu Rangers and Remo Stars complete the Top 5 from the national ranking. Check out our complete club world, continental and national rankings.
The Chairman of BUA Group, a Nigerian conglomerate that is into manufacturing, infrastructure and agriculture has with his current net worth of $5.5 billion according to Forbes, climbed higher on this year’s list of Nigeria’s wealthiest businessmen.
On the flip side, United Capital Money Market fund dipped by N2.03 billion, Stanbic IBTC Money Market fund recorded a decline of N583.37 million, while Stanbic IBTC Bond fund dipped N373.57 million in Net Asset Value. The Paramount Equity Fund is one of Nigeria’s oldest mutual funds managed by Chapel Hill Denham Management Limited.
Nigerian mutual funds performed positively in the previous week with an average rate of returns of 0.82% as the industry market capitalization appreciated by N3.53 billion in just four days of trading activities.This is according to analysis by Nairalytics, the research arm of Nairametrics based on...
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