Tag: FinTech
-
It’s time for fintech operators to follow rules – SEC
The Securities and Exchange Commission (SEC) has said it is about time fintech operators are held to the rules of the capital market, especially in terms of fund-raising.
-
Robust FinTech critical for deepening financial inclusion in Nigeria – Maida
The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and unserved communities across the country.
-
Pre-registered SIM: EFCC moves to check fraudulent withdrawal
EFCC, in its bid to check the increasing incidence of fraudulent withdrawals and use of pre-registered SIM cards to open wallet accounts, has met with representatives of telecommunications and financial technology companies (fintechs). Its Spokesperson, Wilsom Uwujaren, said in a statement in Abuja, that the meeting was held in Kano on Tuesday.
-
Regulatory incubation commences for fintechs in Nigeria
The Securities and Exchange Commission (SEC) has opened Regulatory Incubation (RI) programme for Fintech firms operating or seeking to operate in the country’s capital market.
-
CBN opens up on blocking OPay, PalmPay, other Fintech accounts
The Central Bank of Nigeria (CBN) has described as fake, the news making the rounds that it suspended accounts of Fintech companies like OPay and PalmPay.
-
Neobank, Payday runs aground
Payday, which prides itself as the future of neobanking is stuck with no bank accounts to service its customers.
-
Flutterwave acknowledges hack attempt, insists no fund was lost
Flutterwave, a Nigerian fintech company has debunked reports that its account was hacked and the sum of N2.9 billion diverted by fraudsters. In a statement issued on Sunday, the fintech company said it collaborates with other financial institutions and law enforcement agencies to keep its ecosystem safe and secure. “We want to reassure you that…
-
Tech enthusiast, Mobolaji Bayagbon shares her experience in FinTech
A technology enthusiast, Mobolaji Bayagbon who sees herself as a Strategic Digital Transformation Expert in the digital technology space with experience working with financial and non-financial organisations, government parastatals, payment & technology start-ups, has shared her experience in the world of Financial Technology (FinTech). In this interview, Mobolaji gave us a working experience in the…
-
Court orders CBN to temporarily unfreeze accounts of two fintech companies
The Federal High Court, Abuja, on Tuesday, granted the request of Bamboo Systems Technology Limited and Bamboo Systems Tech. Ltd., to partially vary the freezing order made against them.
-
CBN freezes accounts of four popular fintech platforms in Nigeria
The Central Bank of Nigeria (CBN) has frozen the bank accounts of Nigerian fintech platforms Risevest, Bamboo, Trove and Chaka for the next six months. The Federal High Court sitting in Abuja granted an exparte motion which sought temporary freezing of bank accounts belonging to these online investment and trading platforms where Nigerians are transacting…