Tag Archives: financial inclusion

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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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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Peer-to-Peer Lenders Morph into Traditional Banking

Source: Peer-to-peer lenders morph into traditional banking

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Mobile money grows in Ghana

Source: Mobile money deposits hit GH¢697.2 million | Business News 2016-12-21

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