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Techfoliance AFRICA | 8 November 2018

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Nigeria Archives | Techfoliance AFRICA

ALAT, the digital-only bank by Nigeria-based Wema bank

10 July 2018 |

Nigerian bank Wema announced the launch of a fully functional digital bank called ALAT to address the challenges of financial inclusion in the region.

With ALAT, customers can now do all their banking transactions without being physically present at a … Read More

Binkabi to pilot tokenized commodity trading in Nigeria

2 July 2018 |

Binkabi, a blockchain-based commodity trading network, is coming to Lagos on July 5th for a meetup at Zone Tech Park that will teach participants how to make money by trading commodity-backed tokens.

Binkabi’s CEO Quan Le and Chief Economist Dr. … Read More

FinTech start-ups allow Nigerian SMBs accept payments online

1 May 2018 |

Disadvantages for African small businesses (SMBs) are very often the numerous obstacles they face to enter the market, from simple tasks like registering a business to more vital issues such as accessing credit. Nigeria is no exception, and many tech … Read More

Kenya is the place to work in Fintech in Africa, here is why!

24 March 2018 |

According to recent studies, Kenya is the country in Africa where Fintech start-ups are paying the highest salaries to their workers.

The Digital Frontiers Institute (DFI) surveyed executives and senior managers working in Fintech companies in Kenya, and discovered that … Read More

African Fintech start-ups are attracting more VC investors

27 February 2018 |

Fintech start-ups are tackling the challenges of financial inclusion in a continent where the banking penetration rate is among the lowest in the world.

The trend for financial technologies in Africa is moving at an impressive rate, according to recent … Read More

Nigeria’s plan to become Africa’s leading Fintech hub

22 February 2018 |

Last January, the Nigerian Stock Exchange and Fintech Nigeria, country’s main association in financial technologies, announced a strategic collaboration to support new entrants in the Nigerian capital market.

According to Dr Segun Aina, Chairman of Fintech Nigeria:

“Fintech Nigeria has … Read More

African Fintech Mapping Week #6: Jamii, MoneyFellows, Fiftyfor and PayPass

9 January 2018 |

Every week, Techfoliance highlights four promising Fintech start-ups across Africa in various verticals: Digital Banking, Payments, InsurTech or Investment. In this weekly FinTech mapping we have Jamii, MoneyFellows, Fiftyfor and PayPass.

Jamii

Jamii is a Tanzania-based Insurtech that has developed … Read More

[Facts&Figures] Digital innovation in Africa’s insurance industry by Deloitte

18 December 2017 |

Techfoliance is extracting key data and facts from industry reports on the rise of Fintech in Africa so that you can focus on what matters the most for you.

In this report published on August 2017, the consulting firm oitte … Read More

African Fintech Mapping Week #5: SureRemit, Dopay, Ovamba and Kocela

2 December 2017 |

Every week, Techfoliance highlights four promising Fintech start-ups across Africa in various verticals: Digital Banking, Payments, InsurTech or Investment. In this weekly FinTech mapping we have SureRemit, Dopay, Ovamba and Kocela.

SureRemit

SureRemit is a Nigeria-based FinTech that has … Read More

Digitalization Is Rethinking The Need For Banking Intermediation In Nigeria

17 November 2017 |

According to a study published by KPMG Nigeria, nearly 94 million Nigerian adults are considered financially underserved.

In a recent talk delivered at the 2017 Digital Summit, Boye Ademola, Partner at KPMG Nigeria, said that there were 96 million financially … Read More

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