Fintechs in nigeria news

Here are some recent fintech news from Nigeria:

  1. Paystack raises $8 million in Series A funding: Paystack, a Nigerian fintech company that provides payment processing solutions, raised $8 million in Series A funding from investors including Stripe, Visa, and Y Combinator. (Source: TechCrunch)
  2. Flutterwave partners with Mastercard: Flutterwave, a Nigerian fintech company that provides payment processing solutions, partnered with Mastercard to enable seamless transactions for its customers. (Source: BusinessDay)
  3. Kuda raises $10 million in funding: Kuda, a Nigerian fintech company that provides mobile banking services, raised $10 million in funding from investors including Valar Ventures and Target Global. (Source: TechCrunch)
  4. Paga acquires AppZone: Paga, a Nigerian fintech company that provides mobile payment solutions, acquired AppZone, a Nigerian fintech company that provides mobile banking solutions. (Source: BusinessDay)
  5. Moniepoint raises $3.5 million in funding: Moniepoint, a Nigerian fintech company that provides mobile payment solutions, raised $3.5 million in funding from investors including Omidyar Network and Ventures Platform. (Source: TechCrunch)
  6. Nigeria's fintech industry grows to $544 million: Nigeria's fintech industry grew to $544 million in 2020, up from $200 million in 2019, according to a report by the Nigerian Fintech Association. (Source: BusinessDay)
  7. Fintechs in Nigeria face challenges: Fintechs in Nigeria are facing challenges including high costs, regulatory hurdles, and competition from traditional banks, according to a report by the Nigerian Fintech Association. (Source: BusinessDay)
  8. Nigeria's central bank launches fintech sandbox: Nigeria's central bank launched a fintech sandbox to enable fintech companies to test and develop new financial products and services. (Source: BusinessDay)
  9. Fintechs in Nigeria partner with banks: Fintechs in Nigeria are partnering with traditional banks to offer new financial products and services, according to a report by the Nigerian Fintech Association. (Source: BusinessDay)
  10. Nigeria's fintech industry expected to grow: Nigeria's fintech industry is expected to grow to $1 billion by 2025, driven by increasing adoption of digital payments and financial inclusion, according to a report by the Nigerian Fintech Association. (Source: BusinessDay)

These are just a few examples of the many fintech news stories from Nigeria. The country's fintech industry is growing rapidly, driven by increasing adoption of digital payments and financial inclusion.