FinTech – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Mon, 11 May 2026 16:02:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png FinTech – InfoStride News https://www.theinfostride.com 32 32 ALTON warns regulatory clash threatens N400bn airtime market https://www.theinfostride.com/alton-warns-regulatory-clash-threatens-n400bn-airtime-market/ https://www.theinfostride.com/alton-warns-regulatory-clash-threatens-n400bn-airtime-market/#respond Mon, 11 May 2026 16:02:50 +0000 https://www.theinfostride.com/?p=483506 The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has warned that ongoing regulatory disputes within Nigeria’s telecommunications sector could threaten the stability of the country’s estimated ₦400 billion airtime market, raising concerns about potential disruptions to digital services, investments, and consumer access. The association expressed concern over what it described as overlapping regulations, conflicting [...]

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]]> https://www.theinfostride.com/alton-warns-regulatory-clash-threatens-n400bn-airtime-market/feed/ 0 Moniepoint commits to deepening financial inclusion https://www.theinfostride.com/moniepoint-commits-to-deepening-financial-inclusion/ https://www.theinfostride.com/moniepoint-commits-to-deepening-financial-inclusion/#respond Wed, 06 May 2026 11:08:16 +0000 https://www.theinfostride.com/?p=483147 Nigeria’s digital finance landscape continues to expand as Moniepoint Inc has reaffirmed its commitment to deepening financial inclusion across underserved communities. The fintech firm says its strategy is focused on expanding access to banking services, improving digital payment infrastructure, and supporting small businesses that remain outside the formal financial system. Financial inclusion remains a major [...]

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]]> https://www.theinfostride.com/moniepoint-commits-to-deepening-financial-inclusion/feed/ 0 Moniepoint Recognised Among UK’s Top Fintech Companies https://www.theinfostride.com/moniepoint-recognised-among-uks-top-fintech-companies/ https://www.theinfostride.com/moniepoint-recognised-among-uks-top-fintech-companies/#respond Wed, 28 Jan 2026 15:00:00 +0000 https://www.theinfostride.com/?p=467155 Moniepoint, one of Africa’s fastest-growing financial technology firms, has been named among the top fintech companies in the United Kingdom, a recognition that further cements its position as a global player in digital finance and innovation. The latest recognition underscores Moniepoint’s rising influence in both African and international markets as it continues to expand its [...]

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]]> https://www.theinfostride.com/moniepoint-recognised-among-uks-top-fintech-companies/feed/ 0 EFCC Reveals 12,000 Youths Trading BVNs and NINs to Fintechs for ₦5,000 https://www.theinfostride.com/efcc-reveals-12000-youths-trading-bvns-and-nins-to-fintechs-for-%e2%82%a65000/ https://www.theinfostride.com/efcc-reveals-12000-youths-trading-bvns-and-nins-to-fintechs-for-%e2%82%a65000/#respond Thu, 22 Jan 2026 23:04:11 +0000 https://www.theinfostride.com/?p=463192 The Economic and Financial Crimes Commission (EFCC) has announced that approximately 12,000 Nigerian youths are reportedly selling their Bank Verification Numbers (BVNs) and National Identification Numbers (NINs) to fintech companies at a fee of ₦5,000 each. According to EFCC findings, this activity poses serious risks to national security, privacy, and the financial ecosystem. EFCC officials [...]

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]]> https://www.theinfostride.com/efcc-reveals-12000-youths-trading-bvns-and-nins-to-fintechs-for-%e2%82%a65000/feed/ 0 Moniepoint Shows Strength of Nigeria’s Fintech Space – Minister https://www.theinfostride.com/moniepoint-shows-strength-of-nigerias-fintech-space-minister/ https://www.theinfostride.com/moniepoint-shows-strength-of-nigerias-fintech-space-minister/#respond Tue, 20 Jan 2026 15:48:36 +0000 https://www.theinfostride.com/?p=405239 Nigeria’s Minister of Communications, Innovation, and Digital Economy has praised Moniepoint for its rapid growth and impact, describing it as a strong example of the country’s thriving fintech sector. The minister highlighted how the company’s success reflects Nigeria’s potential as a major player in the global digital economy. Moniepoint, a leading financial services platform, has [...]

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]]> https://www.theinfostride.com/moniepoint-shows-strength-of-nigerias-fintech-space-minister/feed/ 0 Bitget CEO Announces $1bn Breakthrough in Stock-Futures Volume https://www.theinfostride.com/bitget-ceo-announces-1bn-breakthrough-in-stock-futures-volume/ https://www.theinfostride.com/bitget-ceo-announces-1bn-breakthrough-in-stock-futures-volume/#respond Thu, 13 Nov 2025 16:33:56 +0000 https://www.theinfostride.com/?p=471477 In a landmark announcement, Bitget has reportedly surpassed the $1 billion mark in cumulative volume of its US stock-linked futures contracts, the company’s Chief Executive Officer revealed this week. The milestone is being hailed as a significant development for the derivatives segment of the fintech’s offering, reflecting growing investor appetite for equity-linked futures at a [...]

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]]> https://www.theinfostride.com/bitget-ceo-announces-1bn-breakthrough-in-stock-futures-volume/feed/ 0 OPay Emerges Only Fintech With Triple Victory at 2025 BAFI Awards https://www.theinfostride.com/opay-emerges-only-fintech-with-triple-victory-at-2025-bafi-awards/ https://www.theinfostride.com/opay-emerges-only-fintech-with-triple-victory-at-2025-bafi-awards/#respond Tue, 14 Oct 2025 17:19:50 +0000 https://www.theinfostride.com/?p=469076 OPay has made history by becoming the only fintech to win three major accolades at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, reinforcing its reputation as one of Nigeria’s most innovative and high-performing digital finance platforms.At the awards gala, OPay took home Mobile Payment Solutions Provider of the Year, Business Solutions Provider [...]

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]]> https://www.theinfostride.com/opay-emerges-only-fintech-with-triple-victory-at-2025-bafi-awards/feed/ 0 Fidelity Bank Spotlights Fintech’s Role in US-Africa Trade https://www.theinfostride.com/fidelity-bank-spotlights-fintechs-role-in-us-africa-trade/ https://www.theinfostride.com/fidelity-bank-spotlights-fintechs-role-in-us-africa-trade/#respond Mon, 15 Sep 2025 17:11:57 +0000 https://www.theinfostride.com/?p=466634 Fidelity Bank has emphasized the critical role of financial technology in deepening trade relations between the United States and Africa, highlighting how digital solutions can dismantle barriers, improve efficiency, and foster greater collaboration between businesses on both continents. Speaking at a recent international trade and investment forum, the bank noted that fintech innovations are redefining [...]

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]]> https://www.theinfostride.com/fidelity-bank-spotlights-fintechs-role-in-us-africa-trade/feed/ 0 Qore Recognizes Moniepoint as Best Fintech https://www.theinfostride.com/qore-recognizes-moniepoint-as-best-fintech/ https://www.theinfostride.com/qore-recognizes-moniepoint-as-best-fintech/#respond Sat, 07 Dec 2024 22:54:08 +0000 https://www.theinfostride.com/?p=396978 Moniepoint has been honored as the best fintech company in Nigeria, an accolade presented by Qore, a leading financial technology firm known for its industry assessments and recognition programs. This award highlights Moniepoint’s remarkable achievements in revolutionizing financial services and contributing to financial inclusion across the country. Grounds for the Recognition Moniepoint, which offers a [...]

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]]> https://www.theinfostride.com/qore-recognizes-moniepoint-as-best-fintech/feed/ 0 African Brands to honour fintechs https://www.theinfostride.com/african-brands-to-honour-fintechs/ https://www.theinfostride.com/african-brands-to-honour-fintechs/#respond Sat, 20 Jul 2024 22:26:02 +0000 https://www.theinfostride.com/?p=384046 African Brands, dedicated to promoting and supporting brand growth across the continent, will be recognizing the contribution of financial technology firms to financial inclusion on the continent at the fifth edition of the Africa Financial Technology Congress. The event, themed ‘Harnessing the Power of Fintech to Accelerate Financial Inclusion in Emerging Markets”, is scheduled to [...]

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]]> https://www.theinfostride.com/african-brands-to-honour-fintechs/feed/ 0 Revolutionizing Security: Fintech Association Takes Swift Action Against E-Payment Fraud in Nigeria https://www.theinfostride.com/revolutionizing-security-fintech-association-takes-swift-action-against-e-payment-fraud-in-nigeria/ https://www.theinfostride.com/revolutionizing-security-fintech-association-takes-swift-action-against-e-payment-fraud-in-nigeria/#respond Fri, 29 Dec 2023 18:57:11 +0000 https://www.theinfostride.com/?p=365916 Infostride News, the prominent representative body for fintech entities in Nigeria, known as the Fintech Association of Nigeria (FintechNGR), has unveiled its strategic plans to address the escalating challenge of fraud within digital payment channels. In a statement released in Lagos, the CEO’s Committee of the Association underscored the severity of the situation, emphasizing the [...]

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]]> https://www.theinfostride.com/revolutionizing-security-fintech-association-takes-swift-action-against-e-payment-fraud-in-nigeria/feed/ 0 Fintech Consortium Explores Union Bank Loan Acquisition https://www.theinfostride.com/fintech-consortium-explores-union-bank-loan-acquisition/ https://www.theinfostride.com/fintech-consortium-explores-union-bank-loan-acquisition/#respond Tue, 28 Nov 2023 15:19:58 +0000 https://www.theinfostride.com/?p=362469 A fintech firm with German-Nigerian roots, BFREE, alongside its international financing partners, has recently unveiled discussions about potentially acquiring distressed loan portfolios from Union Bank of Nigeria. The Memorandum of Understanding (MoU) for this prospective acquisition was formalized during the German-Nigerian Business Forum in Berlin. The terms of the MoU outline BFREE and its partners’ [...]

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]]> https://www.theinfostride.com/fintech-consortium-explores-union-bank-loan-acquisition/feed/ 0 In 2023, African Fintechs Face Investor Neglect, says Stears https://www.theinfostride.com/in-2023-african-fintechs-face-investor-neglect-says-stears/ https://www.theinfostride.com/in-2023-african-fintechs-face-investor-neglect-says-stears/#respond Fri, 17 Nov 2023 12:52:50 +0000 https://www.theinfostride.com/?p=360857 Infostride News reports that the landscape of technology investments in Africa is undergoing a significant transformation, with fintech companies experiencing a decline in attention from investors. The Co-founder and COO of Stears, Abdul Abdulrahim, delivered a keynote address at the IATF 2023 conference in Cairo, shedding light on this shifting investment focus. Abdulrahim highlighted that [...]

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]]> https://www.theinfostride.com/in-2023-african-fintechs-face-investor-neglect-says-stears/feed/ 0 Nigeria’s fintech arena nears saturation, says Darlington Onyeagoro https://www.theinfostride.com/nigerias-fintech-arena-nears-saturation-says-darlington-onyeagoro/ https://www.theinfostride.com/nigerias-fintech-arena-nears-saturation-says-darlington-onyeagoro/#respond Tue, 31 Oct 2023 19:36:09 +0000 https://www.theinfostride.com/?p=358994 Mr. Darlington Onyeagoro, the Chief Executive Officer of Aladdin Digital, expressed his views on the evolving landscape of the fintech sector in Nigeria during an interview on Business Half Hour, a radio show on Classic FM hosted by Infostride News. He highlighted the saturation of the market with numerous players offering similar services and the [...]

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]]> https://www.theinfostride.com/nigerias-fintech-arena-nears-saturation-says-darlington-onyeagoro/feed/ 0 Nigerian Fintech Kippa Closes Payments Product, Faces Employee Layoffs https://www.theinfostride.com/nigerian-fintech-kippa-closes-payments-product-faces-employee-layoffs/ https://www.theinfostride.com/nigerian-fintech-kippa-closes-payments-product-faces-employee-layoffs/#respond Thu, 19 Oct 2023 22:42:14 +0000 https://www.theinfostride.com/?p=357683 Fintech firm Kippa is poised to discontinue its offline payment solution, KippaPay, a versatile payment platform that facilitates the sending and receiving of payments from clients and extends to various payment transactions. This decision will inevitably result in the departure of employees who are responsible for overseeing the product. While the exact number of staff [...]

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]]> https://www.theinfostride.com/nigerian-fintech-kippa-closes-payments-product-faces-employee-layoffs/feed/ 0 Fintech firm to boost financial solutions in communities https://www.theinfostride.com/fintech-firm-to-boost-financial-solutions-in-communities/ https://www.theinfostride.com/fintech-firm-to-boost-financial-solutions-in-communities/#respond Wed, 18 May 2022 22:22:53 +0000 https://www.theinfostride.com/?p=325083 Halo Financial Services Limited, a fintech start-up has launched an innovative approach to offer financial solutions to communities and grow their money. According to the firm, focusing on communities will enable it to assist more Nigerians, especially at the grassroots level to grow their finances. Halo defines a community as any group of people with [...]

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]]> https://www.theinfostride.com/fintech-firm-to-boost-financial-solutions-in-communities/feed/ 0 There’s need for Youths to tap into opportunities in fintech, agriculture, others to grow economy says Professor Ogbechie https://www.theinfostride.com/theres-need-for-youths-to-tap-into-opportunities-in-fintech-agriculture-others-to-grow-economy-says-professor-ogbechie/ https://www.theinfostride.com/theres-need-for-youths-to-tap-into-opportunities-in-fintech-agriculture-others-to-grow-economy-says-professor-ogbechie/#respond Sun, 28 Nov 2021 18:34:27 +0000 https://www.theinfostride.com/?p=313724 Chris Ogbechie, a Professor of Strategic Management and the Dean at Lagos Business School, Pan-Atlantic University has encouraged African youth to join the train of opportunities present in different sectors to enhance growth in the continent. The professor established this at the virtual 9th edition of the annual Africa Business Conference themed, ‘Africa as a lever for [...]

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]]> https://www.theinfostride.com/theres-need-for-youths-to-tap-into-opportunities-in-fintech-agriculture-others-to-grow-economy-says-professor-ogbechie/feed/ 0 Firm finalizes fintech deal in Nigeria with Baxi acquisition https://www.theinfostride.com/firm-finalizes-fintech-deal-in-nigeria-with-baxi-acquisition/ https://www.theinfostride.com/firm-finalizes-fintech-deal-in-nigeria-with-baxi-acquisition/#respond Sun, 31 Oct 2021 18:26:14 +0000 https://www.theinfostride.com/?p=311662 MFS Africa, a pan-African digital payments hub, has disclosed the signing of an agreement to acquire Baxi, one of Nigeria’s agent networks. The deal, which is subject to approval from the Central Bank of Nigeria (CBN), will be the second-highest fintech acquisition in Nigeria to date. According to the MFS Africa, despite that Nigeria is [...]

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]]> https://www.theinfostride.com/firm-finalizes-fintech-deal-in-nigeria-with-baxi-acquisition/feed/ 0 FinTech will play an important role in sustainability of the economic recovery – CBN https://www.theinfostride.com/fintech-will-play-an-important-role-in-sustainability-of-the-economic-recovery-cbn/ https://www.theinfostride.com/fintech-will-play-an-important-role-in-sustainability-of-the-economic-recovery-cbn/#respond Thu, 07 Oct 2021 12:42:31 +0000 https://www.theinfostride.com/?p=309749 The Central Bank of Nigeria (CBN) said that as the economy recovers from COVID-19, FinTech will play a more important role towards resilient and sustainable recovery. The governor of the Central Bank of Nigeria, Godwin Emefiele, disclosed this on Wednesday at a conference for financial correspondents and business editors in Enugu state. The Central Bank [...]

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]]> https://www.theinfostride.com/fintech-will-play-an-important-role-in-sustainability-of-the-economic-recovery-cbn/feed/ 0 Frozen accounts of fintech firms gets unfrozen by court temporarily to enable salary and rent payment https://www.theinfostride.com/frozen-accounts-of-fintech-firms-gets-unfrozen-by-court-temporarily-to-enable-salary-and-rent-payment/ https://www.theinfostride.com/frozen-accounts-of-fintech-firms-gets-unfrozen-by-court-temporarily-to-enable-salary-and-rent-payment/#respond Tue, 07 Sep 2021 21:37:09 +0000 https://www.theinfostride.com/?p=307480 The Federal High Court, Abuja, on Tuesday, granted the request of Bamboo Systems Technology Limited and Bamboo Systems Tech. Ltd., to temporarily unfreeze their accounts. The order from the court follows the filing of an application by both firms asking for a variation of the order made by the court to allow the companies have [...]

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]]> https://www.theinfostride.com/frozen-accounts-of-fintech-firms-gets-unfrozen-by-court-temporarily-to-enable-salary-and-rent-payment/feed/ 0 The special focus on 10 most innovative, value-driven credit and loan, fintech firms in Nigeria https://www.theinfostride.com/the-special-focus-on-10-most-innovative-value-driven-credit-and-loan-fintech-firms-in-nigeria/ https://www.theinfostride.com/the-special-focus-on-10-most-innovative-value-driven-credit-and-loan-fintech-firms-in-nigeria/#respond Sun, 29 Aug 2021 22:46:58 +0000 https://www.theinfostride.com/?p=305271 Nigeria is a highly business-oriented economy with an estimated 37 million micro, small and medium-sized companies (MSMEs). The entrepreneurial economy contributes roughly 48% of the country’s gross domestic product and employs over 60 million people, making Nigeria the largest economy in sub-Saharan Africa. Meanwhile, financial risk is one of the major risks facing owners of [...]

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]]> https://www.theinfostride.com/the-special-focus-on-10-most-innovative-value-driven-credit-and-loan-fintech-firms-in-nigeria/feed/ 0 Global fintech investment hit $98bn in H1 2021 – KPMG https://www.theinfostride.com/global-fintech-investment-hit-98bn-in-h1-2021-kpmg/ https://www.theinfostride.com/global-fintech-investment-hit-98bn-in-h1-2021-kpmg/#respond Sun, 22 Aug 2021 20:50:35 +0000 https://www.theinfostride.com/?p=304556 Total fintech investment reached $98bn from 2,456 deals in the first half of 2021, according to KPMG. The company, in its ‘Pulse of Fintech H1’21’ report, said this was more than the $87bn raised in H2 2020. The report said, “A wealth of dry powder, COVID-related digital acceleration, an increasingly diverse range of fintech hubs [...]

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]]> https://www.theinfostride.com/global-fintech-investment-hit-98bn-in-h1-2021-kpmg/feed/ 0 Why The Banks and Tech Companies Move To Adopt Blockchain Technology https://www.theinfostride.com/why-the-banks-and-tech-companies-move-to-adopt-blockchain-technology/ Wed, 04 May 2016 19:15:02 +0000 http://www.theinfostride.com/?p=127630 As a debate raged across the internet Monday over whether the mysterious founder of the bitcoin digital currency had finally been identified, executives at a major bitcoin conference in New York had a simple message: we’ve moved on. That’s because bitcoin, the digital currency, has largely been supplanted by blockchain, the technology that underlies it, [...]

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]]> Looking for FinTech Training? The First FinTech School is Here [Press Release] https://www.theinfostride.com/looking-for-fintech-training-the-first-fintech-school-is-here-press-release/ Wed, 06 Apr 2016 16:59:30 +0000 http://www.theinfostride.com/2016/04/looking-for-fintech-training-the-first-fintech-school-is-here-press-release/ Led by Entrepreneurs & Industry Thought-Leaders, the FinTech School Seeks to Train Millions of Financial Services Professionals on the Vital FinTech Innovation Skills to Lead Digital Transformations and Launch New FinTech Products & Services San Francisco, CA, April 06, 2016 –(PR.com)– With over $50 Bn invested in FinTech since 2010 and large financial institutions scrambling [...]

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