Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency. Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift towards…
Tags: fintech
Heritage Bank Leveraging Technology to Promote Financial Inclusion for Inclusive Growth
In today’s world, making financial services accessible is fast becoming a key area of concern to policymakers for the well-known reason that it has far reaching economic implications. To this end, financial inclusion has assumed a greater level of importance due to its perceived relevance as catalyst for economic growth since it is critical for…
Fidelity Bank, OnePipe Team Up To Empower Businesses with Cutting Edge Payment Solution
In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, in collaboration with OnePipe, launched payment gateway PayGatePlus on Wednesday, March 16, 2022, at the Eko Hotel & Suites in Lagos. PayGatePlus, which is an upgraded version of the legacy PayGate product by the bank, is…
Huawei wins ‘Future Digital Awards for Fintech & Payments’
Huawei recently won two Future Digital Awards in Fintech & Payments from Juniper Research. Huawei’s FinTech Platform was awarded as the platinum winner for Best Mobile Money Offering 2021 and Huawei Overdraft Solution was awarded as the gold winner for Financial Platform 2021. Juniper Research’s Future Digital Awards for Fintech & Payments recognises the most…
Gozem Raises $5million in Series A Funding to Accelerate its Expansion
Gozem, the leading multi-vertical super app platform in West & Central Africa, on Thursday 2nd December announced the closing of a $5 million Series A round raised from corporate and institutional investors spread across four continents with specialties in health tech, fintech, and mobility. The main investors of the round include: AAIC, Thunes (TransferTo), Momentum…
CBN Selects Technical Partner For Digital Currency Project
The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical Partner for its digital currency, named eNaira, which is due to be unveiled later in the year. This development was disclosed in Abuja by the Governor of the Central Bank, Mr. Godwin Emefiele, who…