TechCabal - Jan 10, 2025
What fintech apps do young Nigerians use to manage money?
Young Nigerians are using fintech apps to manage finances amid inflation. PiggyVest is popular for its flexible saving and withdrawal options.
TechCabal - Sep 16, 2024
Tap, pay, go: CashAfrica wants to make payments easy, but first it must change customer behaviour
CashAfrica launched in 2023 to provide contactless payment solutions. The fintech has processed ₦1 billion from B2C customers using its Cash Mobile app.
TechCabal - Jul 11, 2024
Exclusive: How a six-week freeze on customer onboarding slowed card demand for OPay and Moniepoint
Nigeria's central bank's freeze on customer onboarding led to a decline in card demand for Opay and Moniepoint. Opay and Moniepoint reduced the number of cards dispensed to agents.
TechCabal - May 30, 2024
MoMo bets on open API to grow usage of digital wallets in Nigeria
MoMo releases an open API to increase digital wallets on the platform. MoMo believes that the industry's future is in wallets despite low adoption rates.
TechCabal - May 13, 2024
Profitable Paga doubles down on mobile app
Paga has processed over ₦14 trillion ($32 billion) worth of transactions since inception. The company grew gross profits north of 200% year-on-year.