Tag Archives: african innovation

Industry Convergence In Financial Services Is Accelerating | TechCrunch

Old but excellent article on sector convergence as it relates to the financial services sector. “Large retailers are launching their own consumer banks, payment services and credit cards based on customer data, brand loyalty and capital reserves in mature markets. … Continue reading

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The Nigerian FinTech Landscape – A Growing Opportunity- Irrational Innovations

Nigeria`s FinTech landscape is clearly growing. The country`s financial services sector is not constrained by legacy banking applications like what obtains in western nations. I foresee further growth and investments in 2017 especially in the mobile payments space.  The Nigerian … Continue reading

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Electronic Payments Growing In Nigeria — Quartz

Electronic payments have really witnessed rapid growth in Nigeria especially since the Central Bank of Nigeria introduced its “Cashless Nigeria Project”. Data obtained by Quartz from Nigeria Inter Bank Settlement System (NIBSS) confirm the growth in POS transactions as well … Continue reading

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UBA Empowers MSMEs with Masterpass QR Payment | Middle East/Africa Hub

UBA launch first merchant app in Nigeria and the rest of Africa that will connect 100,000 micro merchants to formal economy by early 2017 United Bank Africa (UBA) has introduced its first merchant-focused app in Africa with the aim of … Continue reading

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Paytm, India’s Top Mobile Payments Firm, Gets Approval To Launch Its Own Digital Bank | TechCrunch

First Airtel then Paytm! The diversification of Telcos, Mobile Payments firms and Internet based firms (like Alibaba) into digital banking and other financial services is great for financial inclusion in emerging economies. Other emerging economies should take a cueIndia leading … Continue reading

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Nigeria Strengthening Fintech Space With Investments in Mobile Payments | Finance Magnates

Mobile is clearly the future of financial services in Nigeria. It is faster to drive financial inclusion and a cashless policy via mobile payments An increasing reliance on mobile payment technology is helping propagate start ups and investment in Nigeria. … Continue reading

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NDIC, CBN Consider Cryptocurrency | The Sun News

Source: NDIC, CBN consider crypto currency | The Sun News

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The Nigerian Fintech Landscape – A Growing Opportunity 

The Nigerian Fintech Landscape is rapidly growing and has the potential to become one of the most significant leaders in Africa’s fintech innovation. Source: The Nigerian Fintech Lanscape – A Growing Opprtunity

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Africa’s FinTech Leaders to Converge in Lagos over Future of Finance – Footprint to Africa

Lagos the commercial capital of Nigeria is set to host a convergence of Finance and Technology industry leaders from over 40 African countries for the 2017 CashlessAfrica Expo, to deliberate on “The future of finance” at the Lagos Oriental Hotel, … Continue reading

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Safaricom’s M-Pesa has Kenya’s government worried what happens in the event of a crash — Quartz

A sizable portion of Kenya’s economy is now deeply ingrained in the M-Pesa platform Source: Safaricom’s M-Pesa has Kenya’s government worried what happens in the event of a crash — Quartz

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