A Nigerian bank known for its innovative banking solutions and partnerships in the fintech space.
How Wema Bank, a $552 million bank, is investing in startups from all sectors
Wema Bank is investing in early-stage startups with an average check size of $40,000. The bank's Hackaholics initiative has supported over 100 successful ventures.
Flutterwave Partners Clear Junction to Enhance Cross-Border Payments
Flutterwave announces partnership with Clear Junction to facilitate cross-border trade payments. The collaboration enhances support for African remittance customers making payments to the UK and EU.
Flutterwave Taps Clear Junction to Boost Cross-Border Payments
Flutterwave has partnered with Clear Junction to strengthen cross-border payment services. The partnership allows for faster and more reliable money transfers from Africa to the UK and EU.
Exploring the surge in fraud in Nigeria's burgeoning fintech industry
11,532 fraud cases reported in Q2 2024, up from 11,472 in Q1. Losses from fraud increased from ₦2.9 billion in Q1 to ₦56.3 billion in Q2 2024.
Tap, pay, go: CashAfrica wants to make payments easy, but first it must change customer behaviour
CashAfrica launched in 2023 to provide contactless payment solutions. The fintech has processed ₦1 billion from B2C customers using its Cash Mobile app.
