Nigerian startup, Allawee, wants to restore fintechs’ confidence in cards
Nigerian fintechs have been moving away from foreign card schemes due to economic pressures and increased bank transfer usage. Allawee is building infrastructure to help fintechs issue cards, including partnerships with companies like Piggyvest, Nomba, and Carbon.
Moniepoint mirrors Jack-Dorsey’s Square with new POS
Moniepoint is testing an all-in-one POS terminal. The new POS combines payment processing, inventory management, and transaction reconciliation.
Nigeria-based Nomba raises $30M to scale its payment solution to businesses across Africa
Nomba has raised $30 million in pre-Series B funding. The investment will support the delivery of bespoke payment solutions for businesses in Nigeria and across Africa.
