Nigerian lender Sycamore expands into asset management with SEC licence
Sycamore has secured a fund manager license from the SEC to operate as a fund and portfolio manager. The company aims to offer diversified portfolios across stocks, bonds, and money-market instruments.
Nigerian Fintech Risevest Obtains U.S. Broker-Dealer License, Expanding Global Reach
Risevest has acquired a U.S. broker-dealer license through its affiliate, Risevest Financial Securities Limited. This achievement makes Risevest the second Nigerian financial organization to obtain a U.S. broker-dealer license, following Bamboo.
Every Nigerian fintech will become a cross-border fintech
Angela Strange's keynote in November 2019 emphasized that every company will become a fintech, driven by the SaaS-ification of banking. The partnership between Synapse and Evolve Bank and Trust was terminated in August 2023, leading to Synapse's Chapter 11 bankruptcy filing in April 2024.
Bamboo Makes History: First Nigerian Fintech to Obtain US Trading License
Bamboo secures a U.S. broker-dealer license. First Nigerian fintech company to obtain U.S. certification.
