| Date | Title | Description |
| 04.09.2026 | Nigeria: Opay - Committed to Nigeria, Advancing Inclusive Finance Through Technology | Leading Nigerian fintech, OPay, has dismissed viral claims of an impending shutdown and reaffirmed its long-term commitment to Nigeria's digital economy, customers, and merchants.
The company made the clarification on Wednesday, September 2... |
| 22.07.2026 | Nigeria: Opay Leads Nigeria's Fight Against Digital Fraud | How Smart Technology Is Protecting Trust in Africa's Largest Digital Economy
Company Says Trust, Not Just Speed, Will Define The Next Phase Of Financial Services In Africa's Largest Market
LAGOS - As Nigeria completes one of the fastest tra... |
| 07.06.2026 | Nigeria: Beyond the Glitch - How NIBSS Is Defending Nigeria's Quadrillion Naira Payment Ecosystem | Every modern digital payment ecosystem eventually encounters a difficult truth: no financial infrastructure built by humans is completely immune to technical disruptions.
Across the world's most advanced banking systems, operational outages... |
| 22.10.2025 | Nigeria's Digital Payment Boom Faces Rising Cybersecurity Threats | The NIBSS Annual Fraud Report showed that in 2023 alone, attempted fraud rose by 45 per cent, with mobile channels and online platforms being the most exploited mode.
Nigeria has, in recent years, become one of Africa's digital payments pow... |
| 10.10.2025 | Africa’s digital epicentre: Lagos ignites global tech stage at GITEX 2025 | Lagos, the pulsating heart of Africa, recently captivated the global technology community, asserting its position as a powerhouse of innovation at the GITEX Nigeria Tech Expo and Future Economy Conference and the GITEX Nigeria Startup Festi... |
| 06.10.2025 | UBA promised blind customers braille account opening forms; many are yet to feel them | In June 2023, United Bank for Africa (UBA) made headlines as the first Nigerian bank to introduce a braille account opening form. The initiative was welcomed as a milestone in financial inclusion, with multi-award-winning musician Cobhams A... |
| 03.10.2025 | Nigeria and Digital Fraud | ILIYASU GASHINBAKI writes that the country is losing billions to financial fraud
As Nigeria's digital economy grows into a continental force, the country stands at a crossroads, caught between rapid innovation and a rising wave of cybercrim... |
| 22.09.2025 | How a ₦50 charge from you adds up to ₦796bn for the government | This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs and financial institutions. A new edition drops every Monday.
The Nigerian government needs more revenue to fund eco... |
| 16.09.2025 | ABAN and Accelerate Africa launch “Moonshot Week” bundle tickets: One pass, three landmark events in Lagos (Oct 11–18, 2025) | The African Business Angels Network (ABAN), Accelerate Africa, and TechCabal today announced the Moonshot Week Bundle—a single ticket that unlocks a full week of high-impact programming in Lagos from October 11–18, 2025.
The bundle is desig... |
| 08.09.2025 | Airtel Nigeria wants a slice of ₦20.7 trillion mobile money market | This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs and financial institutions. A new edition drops every Monday.
With over 56 million subscribers, Airtel may be Nigeri... |
| 25.08.2025 | Bank apps crash, OPay, PalmPay cash in: Inside ₦20.7 trillion mobile money rush | This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs and financial institutions. A new edition drops every Monday.
The first time Adepeju Adenuga, an English PhD student... |
| 12.08.2025 | Nigeria nets ₦84.97 billion in six months after extending transfer levy to fintechs | When Kemi Michael, a corporate compère, attempted to transfer money to her usual PoS agent in late 2024, the attendant had a tip for avoiding an extra charge: “Send ₦9,500 instead of ₦10,000 so I don’t have to add ₦50 to the withdrawal fee.... |
| 11.08.2025 | From AI to credit bureaus: How Nigerian digital lenders are tackling rising defaults | When Adekunle Ogunleye, a secondary school chemistry teacher, opened WhatsApp one evening in late 2024, he didn’t expect to find a threatening message about a friend’s unpaid loan.
“It was not a nice message, and that shouldn’t be written a... |
| 04.08.2025 | Inside MTN Nigeria’s path to ₦5 trillion revenue | This is Follow the Money, our weekly series that unpacks the earnings, business and scaling strategies of African fintechs and financial institutions. A new edition drops every Monday.
MTN Nigeria, the country’s largest telecom provider, is... |
| 01.08.2025 | LemFi CEO shares origin story and lessons for founders at Pitch2Win | At the fifth edition of Pitch2Win on July 30, a yearly event where aspiring entrepreneurs showcase their ideas and learn from industry experts, Ridwan Olalere, CEO of remittance startup LemFi, shared the riveting origin story of his startup... |
| 22.07.2025 | Vendy wants to become the go-to payment platform for social commerce in Africa | The rising number of social media users and online shoppers on the continent has fuelled a rise in social commerce. Nigerian startup Vendy joins a growing list of startups looking to become the de facto payment layer for Africa’s social com... |
| 10.06.2025 | OPay Extends ₦1.2 Billion 10-Year Scholarship Initiative to Benue State University | (L-R: Dr. Amos Otse Egwurebe, Benue State University’s Bursar; Mr. Barnabas Terfa Hemba, Benue State University’s Registrar; Prof. Tor Joe Iorapuu, Benue State University’s VC; Dr. Elijah Terdoo Ikpanor, Benue State University’s Director of... |
| 10.05.2025 | PalmPay's Bold Leap: Expanding Horizons in Africa's Fintech Landscape | Nigerian fintech PalmPay is gearing up for a significant expansion. By the end of 2025, it will launch operations in South Africa, Côte d'Ivoire, Uganda, and Tanzania. This move is not just a step; it’s a leap into the heart of Africa’s bur... |
| 08.05.2025 | PalmPay to expand to 4 African markets after processing 1.35 bn transactions in Q1 | Nigerian fintech PalmPay will expand into South Africa, Côte d’Ivoire, Uganda, and Tanzania by the end of 2025, building on momentum from processing over 15 million daily transactions in its home market during the first quarter, Managing Di... |
| 25.04.2025 | OPay emerges as the only fintech winner at Vanguard Awards; bags Most Innovative Fintech Award | (L-R): Chukwudinma Okafor, OPay’s Chief Compliance Officer; Rhenua Adebo, OPay’s Marketing Manager; Prof. Pius Deji Olanrewaju, President/Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN); Elizabeth Wang, OPay’s Chief Co... |
| 16.04.2025 | How Moniepoint is going after remittances with Monieworld | Moniepoint, the Nigerian fintech unicorn, has launched Monieworld, its remittance product that allows UK residents to send money directly from a Monieworld account, cards, a British bank account or via Apple Pay and Google Pay to any Nigeri... |
| 11.04.2025 | How Nigeria’s tap-to-pay revolution can close the gap with global fintech leaders | By Wilson Adenuga
Contactless payments, often called tap-to-pay, are no longer a luxury; they are the norm in many parts of the world. Whether riding the train in London, grabbing coffee in Tokyo, or buying groceries in Paris, paying is now... |
| 10.04.2025 | OPay, the only fintech awarded at The Leadership Awards | Nigeria’s leading financial institution, OPay has been honored with the prestigious Fintech Company of the Year 2024 award by Leadership Newspapers. The award ceremony, held on April 8th at the iconic Aso Rock Villa, celebrates OPay’s excep... |
| 05.04.2025 | Verve Expands Payment Frontiers with Global Partnerships and Contactless Innovation | Verve, Africa’s largest domestic payment card and token brand, has continued to strengthen its position as a leader in digital payments through a series of strategic partnerships and technological advancements. The brand remains committed t... |
| 19.03.2025 | “Transfers will be the future”: GTCO’s HabariPay expands fintech push with new licences | When fintechs like Paystack and Flutterwave gained prominence between 2016 and 2019 to disrupt Nigeria’s financial sector, traditional banks had to innovate—or risk falling behind.
GTCO, one of Nigeria’s most profitable banks with a market ... |
| 18.03.2025 | OPay's ₦1.2 Billion Scholarship Initiative: A Beacon of Hope for Nigerian Students | In a bold move to uplift the educational landscape in Nigeria, OPay has unveiled a ₦1.2 billion scholarship initiative aimed at students of Obafemi Awolowo University (OAU) in Ile-Ife. This initiative is not just a financial boost; it’s a l... |
| 17.03.2025 | OPay Extends ₦1.2 Billion Naira 10-Year Scholarship Initiative to Obafemi Awolowo University | (L-R: Mr. Omoboriowo Damilola Isaac, OAU SUG President; Prof. Niran Oluwanranti, OAU Director Linkages & Partnerships; Prof. Ebun Adejuyigbe, Executive Director COR; Prof. O.M.A. Daramola, OAU’s DVP Admin; Mr. Justin Zhang, OPay’s Chief... |
| 17.03.2025 | China’s AliExpress gets more serious about South African market | AliExpress, the sprawling online marketplace owned by China’s Alibaba Group, has introduced rand-based pricing for shoppers in South Africa.
The move is part of an Africa-wide push that has seen the introduction of local currency payment op... |
| 17.03.2025 | OPay Extends ₦1.2 Billion Naira 10-Year Scholarship Initiative to Obafemi Awolowo University | (L-R: Mr. Omoboriowo Damilola Isaac, OAU SUG President; Prof. Niran Oluwanranti, OAU Director Linkages & Partnerships; Prof. Ebun Adejuyigbe, Executive Director COR; Prof. O.M.A. Daramola, OAU's DVP Admin; Mr. Justin Zhang, OPay's Chief... |
| 12.03.2025 | OPay's NightGuard Saved Me From Losing My Life Savings | Since the launch of this innovative security feature, OPay’s NightGuard has become the trusted go-to security feature for countless users, offering an added layer of protection for online transactions during the most vulnerable hours of the... |
| 10.02.2025 | NIBSS bets on QR codes as a cash alternative for small-value payments | The Nigeria Inter-Bank Settlement System (NIBSS), the country’s largest payment switch, is betting on QR codes as a cash alternative for small-value transactions after improving its Nigeria Quick Response (NQR) payment platform.
At a press ... |
| 03.02.2025 | The Story of Ayuba Bello: How OPay's Scholarship Sustained a Family's Livelihood | When fintech meets philanthropy, it creates opportunities that change lives. For Ayuba, becoming a student at the prestigious Ahmadu Bello University, Zaria, was more than academic progress—it was the fulfillment of a cherished childhood dr... |
| 20.01.2025 | LemFi: $53 Million (Series B) Raised To Transform How Immigrants Access Financial Services | LemFi, a platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation from previous investors Left Lane Capital, Palm Drive Capital, and Y-Co... |
| 15.01.2025 | LemFi's Bold Leap: $53 Million to Empower Immigrant Communities | In the bustling world of fintech, LemFi is making waves. The Oakland-based startup recently secured $53 million in Series B funding, pushing its total capital raised to a staggering $85 million. This financial boost is not just a number; it... |
| 14.01.2025 | Lemfi raises $53 million Series B round, acquires European firm | Lemfi, a remittance startup serving African immigrants across 22 countries, has raised $53 million in a Series B round to support its expansion into Europe through the acquisition of a European firm.
The round was led by Highland Europe, a ... |
| 30.12.2024 | A beginner’s guide to investing in Nigerian startups | So you have decided to invest in Nigerian startups? Congratulations! You’re about to embark on an exciting adventure.
Investing in Nigerian startups can be financially rewarding but you already know that. You saw Moniepoint hit the unicorn ... |
| 27.12.2024 | The most popular payment methods on Nigeria 2024: Everyone does transfers | In 2024, Nigerians increasingly used bank transfers as digital payments continued their dominant run after a cash crunch in 2023.
While cash remains the dominant means of payment in the country, “Nigerians now prefer digital methods for mak... |
| 12.12.2024 | The Digital Revolution: Nigeria's Leap Towards Financial Inclusion and Cloud Innovation | Nigeria stands at the crossroads of innovation and inclusion. Two recent milestones highlight this journey: OPay's recognition for financial inclusion and Huawei Cloud's launch of local cloud services. Both events signal a transformative wa... |
| 11.12.2024 | Huawei Cloud becomes the first company to launch hyperscale public cloud for Nigeria, accelerating digitization in West Africa with industry AI. | Huawei launched Nigeria's first local cloud on Tuesday, becoming the pioneering international cloud vendor to offer local cloud services in the country. Utilizing Tier 3+ data centers, Huawei Cloud provides the fastest services in Nigeria w... |
| 10.12.2024 | CBN Awards OPay for Financial Inclusion Innovation | OPay, Nigeria's leading financial institution has been recognized with the prestigious IFIC Award for Financial Inclusion Innovation by the Central Bank of Nigeria (CBN). This award was presented at the 2024 International Financial Inclusio... |
| 29.11.2024 | Smile ID Releases Nigeria’s First Ever eKYC Report, Hits 200M Identity Verification Checks | The UN’s Sustainable Development Goal 16 envisions universal legal identity by 2030 as part of its mandate for inclusive societies and accountable institutions. This goal is particularly crucial in Africa, where identity documents serve as ... |
| 28.11.2024 | Paystack deepens its pay by account feature with OPay integration | Paystack, the Stripe-owned Nigerian fintech, has integrated a payment option enabling merchants to accept payments directly from millions of OPay accounts. The integration continues Paystack’s strategy of building payment methods on bank tr... |
| 26.11.2024 | OPay collaborates with AfriGOpay to Enhance Digital Payments in Nigeria | L-R: Mr. Ukaike Okwara, A.g Head, Business Development AfriGOpay; Mr. Ugo Obasi, COO AfriGOpay; Mrs. Ebehijie Momoh, MD/CEO AfriGOpay; Mr. Justin Zhang, OPay’s Chief Public Affairs Officer; Ms. Precilia Ogun, OPay’s Head of Business Develop... |
| 26.11.2024 | OPay collaborates with AfriGOpay to Enhance Digital Payments in Nigeria | In a significant move to further enhance availability of digital payment services to Nigerians, OPay has announced a strategic partnership with AfriGO Card powered by Afrigopay Financial Services Limited (AFSL), a subsidiary of Nigeria Inte... |
| 16.11.2024 | OPay's ₦12 Million Scholarship: A Beacon of Hope for Students | In a world where education often feels like a luxury, OPay shines a light. The Nigerian financial service provider recently awarded ₦12 million in scholarships to 40 students at Ahmadu Bello University (ABU) in Zaria. Each student receives ... |
| 14.11.2024 | OPay grants ₦12 Million scholarship to 40 Ahmadu Bello University Zaria students | In a heartwarming gesture and another laudable initiative aimed at empowering the next generation, OPay, Nigeria’s leading financial service provider, has awarded ₦12 million in scholarships to 40 deserving students of Ahmadu Bello Universi... |
| 14.11.2024 | OPay Grants ₦12 Million Scholarship to 40 Ahmadu Bello University Zaria Students | In a heartwarming gesture and another laudable initiative aimed at empowering the next generation, OPay, Nigeria’s leading financial service provider, has awarded ₦12 million in scholarships to 40 deserving students of Ahmadu Bello Universi... |
| 08.11.2024 | The Fintech Showdown: MoMo PSB vs. OPay and Paystack | In the bustling arena of Nigeria's fintech landscape, a fierce competition is brewing. At the heart of this clash are three heavyweights: MoMo Payment Service Bank (PSB), OPay, and Paystack. Each is vying for dominance in a market ripe with... |
| 06.11.2024 | MoMo PSB poised to compete with OPay, Paystack | Cześć,
Victoria from Techpoint here,
Here's what I've got for you today:
MoMo PSB to compete with OPay, Paystack
Hot fintech ideas for VCs to invest in
Funke Opeke ends 14-year stint MoMo to compete with OPay, Paystack
MTN Nigeria’s MoMo Pa... |
| 05.11.2024 | MTN MoMo applies for PoS and payments licences to compete with OPay, Paystack | Key takeaways:
MTN Nigeria's MoMo PSB has applied for two new licences: Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP).
This marks a rare regulatory precedent, as Payment Service Banks (PSBs) traditio... |
| 05.11.2024 | OPay introduces "Large Transaction Shield" to guard against financial fraud | As digital financial transactions rise, so do the risks. With growing reports of fraud and cybercrime in the financial sector, consumers are demanding stronger security measures from their service providers.
In response to this, OPay has in... |
| 01.11.2024 | OPay's Scholarship Initiative: A Beacon of Hope for Nigerian Students | In a world where education often feels like a luxury, OPay is stepping up to change the narrative. The Nigerian financial institution has launched a 10-year scholarship initiative in partnership with the University of Ibadan. This bold move... |
| 01.11.2024 | OPay partners with University of Ibadan to launch 10-Year scholarship initiative | OPay, a leading financial institution in Nigeria, has reaffirmed its commitment to advancing education by signing a landmark Memorandum of Understanding (MOU) with the University of Ibadan.
This partnership will award ₦300,000 scholarships ... |
| 01.11.2024 | OPay Partners with University of Ibadan to Launch 10-Year Scholarship Initiative | Some student beneficiaries with representatives from OPay at the University of Ibadan earlier in the week.
Ibadan, Nigeria – October 30, 2024 – OPay, a leading financial institution in Nigeria, has reaffirmed its commitment to advancing edu... |
| 31.10.2024 | Moniepoint's Meteoric Rise: A New Era for African Fintech | In the bustling world of African fintech, Moniepoint has emerged as a shining star. The Nigerian startup recently achieved a staggering $1 billion valuation after securing $110 million in a Series C funding round led by Development Partners... |
| 29.10.2024 | Moniepoint gets $1 billion valuation in new funding round led by DPI | Moniepoint, a Nigerian fintech startup that processed 5.2 billion transactions in 2023, has raised $110 million in a Series C funding round led by Development Partners International (DPI), according to two people with direct knowledge of th... |
| 07.10.2024 | Your Face, the Only Access – OPay Develops Large Transaction Shield to Ensure Security For You. | Lagos, Nigeria,
OPay, one of Nigeria’s leading financial institutions, recently unveiled its groundbreaking Large Transaction Shield feature, designed to provide users with unparalleled control and protection over their funds. Recognizing t... |
| 09.09.2024 | Exclusive: Thepeer returns $357,000 as investors move on from demands for an audit | Thepeer, the fintech that shut down in April 2024, returned $357,960 to investors in June, completing the shuttering of the startup founded in 2021. The refund suggests that an angel investor who wrote a $10,000 cheque would have received a... |
| 03.09.2024 | Mastercard and Smile ID collaborate to accelerate merchant onboarding in Africa. | Collaboration to streamline and digitise the merchant onboarding process, enabling acquiring partners to automatically onboard merchants in over 50 African countries in three minutes or less.
Mastercard has teamed up with Smile ID, a leadin... |
| 28.08.2024 | The Rise of Fintech in Africa: A New Era of Innovation and Inclusion | Africa is on the brink of a financial revolution. The continent is witnessing a surge in fintech innovations that promise to reshape its economic landscape. Two recent events—the Africa Fintech Summit in Nairobi and the launch of Netapps Te... |
| 22.08.2024 | Africa Fintech Summit Nairobi 2024 welcomes Interswitch Group as gold sponsor | NAIROBI, KE 21st August 2024: The Africa Fintech Summit is pleased to announce Interswitch Group as Gold Sponsor for the Africa Fintech Summit (AFTS) 2024, to be held in Nairobi, Kenya, from 4-6 September 2024. The partnership comes at a ti... |
| 16.08.2024 | Fez Delivery is the official delivery partner at NBC African Fair London 2024 | Fez Delivery, a global leader in last-mile delivery solutions, is thrilled to announce its official sponsorship of the Naija Brand Chick (NBC) African Fair London 2024. As the event’s exclusive delivery partner, Fez Delivery will provide se... |
| 06.08.2024 | VertoFX Appoints Dr. Austin Okpagu as Nigeria Country Manager | VertoFX, the global financial technology firm delivering enterprise grade cross-border payments, FX and banking solutions across emerging markets, has announced the appointment of Dr. Austin Okpagu as its first Country Manager for Nigeria. ... |
| 27.07.2024 | Hate them or love them, the agents are here to stay | Every morning, Raheem, a banking agent, a.k.a POS agent at Mile 12, one of Nigeria’s largest markets, must get cash for his two stalls. He can withdraw some money over the counter, but since early 2024, most commercial banks have capped dai... |
| 20.07.2024 | Unity Bank customers win over N4 million in Cashtoken rewards promo | Unity Bank customers have claimed over N4 million in cash rewards in its ongoing loyalty programme recently rolled out with Cashtoken, a Cash Reward-as-a-Service company.
The winners included no fewer than 40 customers who adopted and trans... |
| 16.07.2024 | A profitable union: How banking agents helped OPay and Moniepoint distribute 17 million cards | Nigerian neobanks and banking agents need each other. The agents are the neobanks’ branches; they open accounts, accept deposits, process withdrawals, and issue cards. In return, the agents—who often have a primary business—earn extra incom... |
| 08.07.2024 | ₦714 million glitch: fintech giant OPay gets court order to restrict customer accounts | Chinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in thirty listed banks as part of a process to recover ₦714 million received by customers during a system glitch. Th... |
| 30.04.2024 | TechCabal’s best-read stories of Q1 2024 | With the African tech ecosystem beset by a funding downturn, rising inflation, layoffs and startup shutdowns, the industry was off to a slow and uncertain start this year. Despite these challenges, some major highlights have kept us optimis... |
