EXCLUSIVE: Moniepoint tests remittance product
Moniepoint is set to launch a new remittance product 'MonieWorld' for users in the UK to send money to Nigeria. The remittance product is currently in beta testing and is scheduled for public launch soon.
Paystack dabbles into consumer payments with fast transfers app, Zap
Paystack launched Zap, an app for rapid bank transfers within 30 seconds. This launch marks Paystack's entry into the consumer app space after nine years.
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.
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.
