Thursday, December 9

Tag: fintechs

MTN, Nengi, Josh2funny, Others Emerge GAGE Awards 2021 Winners
News

MTN, Nengi, Josh2funny, Others Emerge GAGE Awards 2021 Winners

The recently concluded GAGE Awards 2021 was historical as top influencers, comedians, fintechs, and stars of Internet Africa gathered virtually to celebrate the great feats achieved by individuals and brands who have made great impacts in the lives of people in Africa and across continents. Speaking on the impact and relevance of the Awards, Convener of the GAGE Awards, Mr Johnson Anorh said; ‍”The GAGE Awards relevance in helping to drive innovation and growth in the Digital Economy as we now know it, has become ever so obvious. “The whole world was in a pandemic induced lockdown and we saw how we depended on the digital space to continue to drive the economy and maintain some level of sanity. It was like we fast tracked into the future, especially in this part of the world.” H...
FG Leveraging Fintech Innovation To Address Agric, Energy Challenges – Osinbajo
Politics

FG Leveraging Fintech Innovation To Address Agric, Energy Challenges – Osinbajo

The Federal Government is leveraging the innovative capacity of Fintechs to accelerate interventions, especially those under its Economic Sustainability Plan (ESP), including programmes on renewable energy, agriculture, improving access to credit and direct cash transfers, among others, the Vice President, Professor Yemi Osinbajo said on Friday. Professor Osinbajo stated this at the official launch of the Nigeria Sustainable Development Goals (SDGs) Fintech Hackathon in Abuja. “This is incredibly powerful for our efforts at resolving the climate crisis, transitioning to cleaner energy, but it also introduces a tremendous opportunity for Fintech companies for payments systems,” he said. The vice president added, “Being able to manage that whole process, collect monies in some cas...
Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa
Tech

Stripe Acquires Nigeria’s Paystack For $200 Million To Expand Into Africa

When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more geographies. Today the company is coming good on that plan in the form of some M&A. Stripe is acquiring Paystack, a startup out of Lagos, Nigeria that, like Stripe, provides a quick way to integrate payments services into an online or offline transaction by way of an API. (We and others have referred to it in the past as “the Stripe of Africa.”) Paystack currently has around 60,000 customers, including small businesses, larger corporates, fintechs, educational institutions, and online betting companies, and the plan will be for it to continue operating independently, the companies said. ...

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