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What fintech apps do young Nigerians use to manage money?
TechCabal - Jan 10, 2025
Young Nigerians are using fintech apps to manage finances amid inflation. PiggyVest is popular for its flexible saving and withdrawal options.
GreyPiggyVestOpayBambooCowrywise
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Tap, pay, go: CashAfrica wants to make payments easy, but first it must change customer behaviour
TechCabal - Sep 16, 2024
CashAfrica launched in 2023 to provide contactless payment solutions. The fintech has processed ₦1 billion from B2C customers using its Cash Mobile app.
CashAfricaNIBSSOpayWema BankSterling Bank
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Exclusive: How a six-week freeze on customer onboarding slowed card demand for OPay and Moniepoint
TechCabal - Jul 11, 2024
Nigeria's central bank's freeze on customer onboarding led to a decline in card demand for Opay and Moniepoint. Opay and Moniepoint reduced the number of cards dispensed to agents.
Nigeria's central bankVerveOpayMoniepoint
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MoMo bets on open API to grow usage of digital wallets in Nigeria
TechCabal - May 30, 2024
MoMo releases an open API to increase digital wallets on the platform. MoMo believes that the industry's future is in wallets despite low adoption rates.
MTNOpayMoMoNigeriaMoniepoint
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Profitable Paga doubles down on mobile app
TechCabal - May 13, 2024
Paga has processed over ₦14 trillion ($32 billion) worth of transactions since inception. The company grew gross profits north of 200% year-on-year.
PagaPoSCBNOpayNigeria
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