Which fintechs are taking on Africa's $58 billion remittance market?
- OPay glitch leads to customers spending money not in their account
- NALA raises $40 million in a Series A round
- Kuda secures a payment license in Canada and plans to launch a multi-currency digital wallet
The OPay glitch and the rise of fraud cases in Nigerian fintechs raise concerns about the security and reliability of digital payment systems. However, the investments in NALA and the UNDP's plans for tech hubs show promising developments in the African tech ecosystem.
