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According to the latest Global State of Funding report by CB Insights, the third quarter (Q3) of 2024 saw a significant downturn...
Business Report
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PoS Machine Deployment in Nigeria Rises to 3.04 Million in July 2024, as Cashless Transactions Surge
The number of Point of Sales (PoS) machines deployed by merchants and individuals across Nigeria reached 3.04 million in July...
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Data from the Nigeria Inter-Bank Settlement Systems (NIBSS) reveals that licensed mobile money operators in Nigeria, including Palmpay, OPay, and...
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In September, African start-ups collectively raised $138 million in deals exceeding $100,000, spanning equity (89%), debt (9%), and grants (2%)....
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The number of registered Point-of-Sale (PoS) terminals in Nigeria has surged to 26.54 million in the first seven months of...
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The Ministry of Arts, Culture, and Creative Economy has announced a $200 million investment from the African Export-Import Bank (Afreximbank)...
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African tech startups secured $306,367,000 in funding during Q3 2024, bringing the total raised for the first nine months of...
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Mastercard, a global leader in payment technology, has entered into a multi-year commercial partnership with Amazon Payment Services to drive...
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Collaboration between banks and fintech companies is essential for Nigeria to reach a $1 trillion Gross Domestic Product (GDP) by...
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India's digital payments landscape has seen remarkable growth, largely driven by the success of its Unified Payments Interface (UPI) system....
