Statista, a world-renowned market data provider, and CNBC, an American media company, listed seven African fintech companies—Flutterwave, Piggyvest, Kuda, MTN, Bank Zero, Palmpay, and Yoco—in their 2024 list of the 250 top fintech companies. The startups were selected from 2,000 companies globally. The list, which also features global companies like Mastercard, Klarna, Flywire, and Robinhood, … Read more
In April, Nigeria’s central bank barred fintechs from onboarding new customers for six weeks. In that period, two of Nigeria’s biggest fintechs—Opay and Moniepoint—slowed card distribution because the demand for cards declined, according to ten point-of-sale agents who spoke to TechCabal. “A lot of people [opening] new accounts also want a card that just makes … Read more
Access Holdings Plc, the parent company of Nigeria’s biggest bank by assets, will raise ₦351 billion ($233 million) from existing shareholders to finance its goal of becoming “the world’s most respected African bank.” Access Holdings will offer 17.7 billion new ordinary shares at ₦19.75 each. On Tuesday, the 35-year-old lender valued at ₦696.69 billion shared … Read more
Chinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in thirty listed banks as part of a process to recover ₦714 million received by customers during a system glitch. The system glitch occurred from December 10, 2023, to March 4, 2024, and allowed customers to … Read more
Costa Titch Cause of Death Video, Bio, Wiki, Songs, Age, Net worth Costa Titch Cause of Death Video, Biography, Wikipedia, Songs, Age, Net worth Costa Titch is a South African rapper, singer, and songwriter known for his distinct style and sound in the music industry. Costa Tsobanoglou, born on May 11, 1995, in Nelspruit, Mpumalanga, … Read more
In recent years, a handful of Latin American fintechs have made inroads into Africa to tap into its growing digital payments market. The latest entrant is Minka, a Colombian fintech backed by Tiger Global. Minka builds payment networks that allow people to send money between participating banks and other financial institutions. On Tuesday, Minka launched … Read more
At the peak of 2021 crypto optimism, experts argued that Africans had to participate in the crypto economy, create products, and educate a continent of young people on a future that Web3 was sure to dominate. Those arguments led to the launch of startups like Mara (CoinMara Inc), a pan-African exchange that set out to … Read more
Nidal Wonder is a young Instagram star, YouTuber, self-taught gymnast, and singer from the United States. He gained immense popularity after posting his athletic videos and photos on Instagram and YouTube. Nidal Wonder is a self-taught flipper and skybound athlete. He started flipping at the young age of 5. Wonder is active on social media, … Read more
The American actor Jeremy Renner, known for his roles in Marvel Cinematic Universe movies and The Mayor of Kingstown, met with a life-threatening accident on New Year’s Day. The actor was involved in an accident with a snowcat, a 14,000-pound snowplow, near his home in Nevada. The actor suffered blunt chest trauma and orthopedic injuries, … Read more
1.86.0-FW2HIBBEE2JD3AGUMR7R6LT4VE.0.1-6 Nigerian music sensation TeeFamous has just released his highly anticipated EP titled “Accolades,” featuring a total of five tracks that are sure to captivate fans around the world. The EP, which is not explicit, showcases TeeFamous’s unique blend of afrobeat and hip-hop influences, creating a sound that is both infectious and innovative. The tracklist … Read more