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Tag Archives: FinTech

Mastercard In New Partnership With GTP

Renowned FinTech company, Mastercard has entered a fresh partnersip with Global Technology Partners (GTP) in order to launch fresh prepaid solutions to government institutions, financial services and consumers in Africa. READ MORE: Cashless Africa Awards “Best Fintech Startup” Category Goes To Voguepay GTP is a prepaid processing and payments solutions provider that provides lasting solutions to prepaid processing and payment services ... Read More »

GTB USSD Service Transacts Over ₦1 trillion

GTB management has come out openly to make confirmation to the total value of transactions processed via its USSD service – more than ₦1 trillion. Almost all the banks in Nigeria have their USSD service ranging from *737# to *945# to *901# and many more. USSD services have now turned the order of the day for most banking services, thereby ... Read More »

SA’s Fintech Startup ‘Entersekt’ Wins Best Mobile Security Award

South Africa’s Fintech, Enterksekt for the second year running has emerged the winner of the category “Best Mobile Security Technology” at the 2017 Banker Africa South Africa Banking Awards. The award recognition is yearly and it’s not restricted to any financial institutions in the country. The award recognitions honour and appreciate exquisite performance and excellence in the financial services industry. ... Read More »

SimplePay’s PayReminder: Receiving Payments Via SMS Links

Yes, you saw that quite alright; with the aid of SimplePay, businesses can now accept payments via SMS links. With the advent of technology-improved business services, I see this great nation becoming a technology-driven nation. SimplePay, whose base is in Nigeria recently announced the launch of PayReminder, a payment solution via SMS which allows the payment of goods and services ... Read More »

VoiceIt Emerges As Champion At Re: Code Nigeria Hackathon

The 2017 Re: Code Nigeria hackathon saw voice banking app, VoiceIt carting away with ₦1.5 million. The cash prize wasn’t the only thing VoiceIt laid their hands on; they also got a one-year access to IBM platform and Microsoft Azure (I’m imagining I’m in VoiceIt’s place at the moment, *chills*). The event was organized by the Africa Fintech Foundry along ... Read More »

Lidya Closes $1.25m Seed Funding Rounds To Assist SMEs

Nigerian-based Fintech startup, Lidya announced late March that it had raised $1.25 million in a seed funding round thereby increasing access to capital for SMEs across the nation. The Fintech startup was launched officially on 2 November 2016 with the aim of allowing small scale enterprises secure loans without going through much stress. Lidya has its operations in Nigeria. The ... Read More »

eTranzact Records ₦865.1million Profit Before Tax In Year 2016

eTranzact International PLC, Africa’s premier e-payment solutions provider had a very successful 2016 profit-wise. Naturally, one will think the economic recession the country is in would have caused a lot of businesses to record more losses than profits. Actually, it’s not a wrong assumption and like the saying ‘To every law, there’s an exemption’, eTranzact Internatonal PLC recorded a huge ... Read More »

Voice IT: Winner Of 48 Hour Hackathon, Sponsored By Access Bank

Startups investments

There is no doubt that FinTech startups are the future, or part of the future for mostly the African continents. The upward spiral in the emergence of startups in this field also gives a hint as to why this area should catch our attention. READ MORE: Cashless Africa Awards “Best Fintech Startup” Category Goes To Voguepay Voice IT is an Android ... Read More »

Cashless Africa Awards “Best Fintech Startup” Category Goes To Voguepay

The award category “Best Fintech Startup” at the Cashless Africa Awards held on 25th March 2017 was won by VoguePay. The award ceremony was held in Lagos at the Oriental Hotels. Awards are forms of recognition to honor jobs well done I believe. No wonder the organizing body made it known to the continent that the Awards are dedicated to ... Read More »

FinTech Startup, Lidya Raises $1.25 Million In Funding

Lydia FinTech

MUST READ: TECHPRODUCT’S MARCH TECH DOSE Nigerian fintech startup Lidya has raised $1.25 million dollars in seed funding. The funding round was led by Accion Venture Lab, with participation from Newid Capital and several other unnamed angel investors. READ MORE: With The Ecobank’s New App, You Can Transact Across 33 African Countries It comes as a ray of hope to see that various ... Read More »