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Moniepoint UK Secures EMI Licence, Set to Roll Out GBP Accounts by December 2025
Moniepoint is set to deepen its international footprint as its UK subsidiary prepares to issue sterling (GBP) accounts to customers beginning December 2025. This milestone follows Moniepoint UK’s successful acquisition of an Electronic Money Institution (EMI) licence, positioning the company to offer regulated financial services directly to consumers and businesses in the United Kingdom. The…
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Bujeti Brings Top CFOs and Finance Executives Together for High-Level Lagos Summit
Bujeti, the fast-rising corporate spend and financial management platform, convened top finance executives, industry innovators, and policy influencers at an exclusive summit in Lagos, signaling its growing influence in Africa’s enterprise financial technology landscape. The event, designed as a high-level gathering for strategic dialogue, explored the future of corporate finance, digital transformation, and operational efficiency…
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Interswitch Hits ₦137 Billion Revenue as Digital Payments Surge in 2024
Interswitch, one of Africa’s leading digital payment and commerce companies, has announced a landmark 50% revenue surge, closing 2024 with an impressive ₦137 billion. The growth reflects the company’s sustained expansion across payment processing, digital infrastructure, and enterprise solutions, reaffirming its central role in Nigeria’s and Africa’s financial technology ecosystem. The company’s strong performance is…
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Former Jumia and Konga veterans launch tech platform to transform Africa’s events ecosystem
Africa’s events landscape is booming, but behind the glitz of concerts, conferences, festivals, and weddings lies a fragmented ecosystem plagued by inefficiencies. From unreliable ticketing systems to chaotic vendor coordination and poor attendee experience, event organisers across the continent continue to grapple with operational challenges. Now, a team of former Jumia and Konga employees believe…
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Piggyvest launches its own PocketApp-powered payment system
Piggyvest, one of Nigeria’s largest digital savings and investment platforms, has announced the launch of its new in-house payment system, fully powered by its sister product, PocketApp, marking a major step in the company’s long-term strategy to build a complete financial ecosystem. The move solidifies Piggyvest’s shift from relying on external payment processors to operating…
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CAC to halt unregistered PoS operations starting January 2026
The Corporate Affairs Commission (CAC) has announced a new regulatory move targeting unregistered Point-of-Sale (PoS) operators in Nigeria, set to take effect from January 2026. The initiative seeks to formalize the rapidly growing PoS sector, enhance compliance, and safeguard consumers against unregulated financial activities. PoS operators have become a critical part of Nigeria’s financial ecosystem,…
