African Banks Are Spending On AI Before Measuring ROI
A Backbase and African Banker study says African banks are increasing AI spending even as many still lack formal ROI ...
Tag: fintech
MTN Nigeria Fintech Revenue Slump Shows Airtime Lending Risk
MTN Nigeria fintech revenue reportedly fell sharply after an airtime lending pause, showing how dependent telco-fintech growth can become on ...
Clydestone Ghana Sues MTN Over Mobile Money IP Dispute
Clydestone Ghana has sued MTN Ghana, MTN Group and MobileMoney Fintech over alleged unauthorised use of mobile money IP.
PayPal Raises Profit Outlook As Turnaround Meets Takeover Speculation
PayPal beat Q2 expectations and raised its profit outlook as investors watched both its turnaround plan and reported takeover interest ...
X Money Launches In The US As Musk Moves X Closer To An Everything App
X Money is rolling out to Premium users in the United States with peer-to-peer payments, wallet features, Visa card support ...
Visa Launches Stablecoin Platform For Banks, Fintechs And 200m Merchants
Visa has launched a stablecoin platform that could help banks and fintechs bring blockchain settlement into existing payment and treasury ...
Paystack AI Checkout: How Agentic Payments Could Change Nigeria
Paystack Index points to a future where AI agents can help Nigerians complete routine payments inside assistants instead of only ...
Flutterwave’s Circle Ventures Investment Pushes Stablecoin Payments Deeper Into Africa
Flutterwave has secured strategic backing from Circle Ventures as it moves to embed USDC settlement into African payment flows. The ...
CBN’s Data Localisation Directive Puts Nigerian Fintechs In A Cloud Dilemma
Nigeria’s fintech industry has entered another major regulatory moment. The Central Bank of Nigeria has reportedly directed banks, fintech firms, ...
MTN Deal Pushes Nigerian Fintech Infrastructure Onto The Continental Stage
Following a significant commercial agreement between MTN Group and the financial infrastructure platform GWCU, Nigerian fintech infrastructure is growing throughout ...