A fintech company providing cross-border payment solutions in Africa, known for its speed and low fees.
NIPOST’s Fintech Reinvention: Bridging Tradition and Digital Innovation in Nigeria’s Financial Landscape
NIPOST has renewed its licenses with the Central Bank of Nigeria after an eight-year suspension. The agency is entering the IMTO sector to provide financial services and compete with digital-first firms.
Nigeria’s postal service wants to become a fintech. Will the market take it seriously?
NIPOST has renewed its licenses with the Central Bank of Nigeria to begin delivering financial services after an eight-year hiatus. The agency is rebranding itself to enter the International Money Transfer Operators sector, aiming to connect traditional postal services with modern fintech.
Digital payments to power Africa’s $1 trillion cross-border market by 2035, Oui Capital says
Africa's cross-border payments market is projected to reach $1 trillion by 2035, up from $329 billion in 2025. Remittance inflows in Africa hit nearly $100 billion in 2023, accounting for 5.2% of the continent's GDP.
EXCLUSIVE: Earnipay cuts workforce amid profitability push
Earnipay has laid off a portion of its team as part of a strategic shift towards its most profitable segment—business lending. The layoffs come after Earnipay raised a $4 million seed round to scale its earned wage access platform across Nigeria.
Bitmama Joins the Wave of Fintechs Halting Card Services Amidst Industry Challenges
Bitmama pauses partnership with MasterCard virtual card provider. Rise announced discontinuation of virtual card services in September.
