A Nigerian multinational commercial bank, recently expanded into Kenya through acquisition.
Moniepoint gains foothold in Kenya with 78% stake in Sumac
Moniepoint Inc. secured regulatory approval for a 78% stake acquisition in Sumac Microfinance Bank. Kenya's Competition Authority approved the acquisition without conditions, citing no threat to market competition.
Digital Nomads: For Chiderah Azodoh, Dubai’s promising tech industry is a hotbed for fintech
Access Bank acquired Diamond Bank in 2019, marking a significant shift in Nigeria's banking landscape. Chiderah Azodoh worked on the legal aspects of the Access-Diamond Bank merger, ensuring compliance with new regulations.
Kenya’s Central Bank and Treasury approve Access Bank’s acquisition of struggling NBK
The Central Bank of Kenya and National Treasury approved Access Bank's acquisition of National Bank of Kenya. The acquisition is subject to approval from Nigerian authorities.
Binance adds Apple Pay and Google Pay options through Worldpay partnership
Binance rolled out a major upgrade by integrating Apple Pay and Google Pay to enhance its fiat-to-crypto experience. The integration aims to simplify crypto onboarding during a time when the market has lost $250 billion due to global trade tariffs.
Access Bank in “advanced stages” to finalise National Bank of Kenya acquisition
Access Bank is in advanced stages of acquiring the National Bank of Kenya (NBK) from KCB Group. KCB Group CEO Paul Russo confirmed the acquisition is on track and included NBK’s performance in their 2024 results.
