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04

‘FG’s Intervention Will Further Strengthen Fintechs in Nigeria’

www.thisdaylive.com

Emma Okonji The Managing Director, PalmPay Nigeria, Mr. Chika Nwosu has said the on-going intervention process of the federal government on the activities of Fintechs in Nigeria, will further strengthen

Sunday, May 19

05

Moniepoint ranked Africa’s top tier fintech in second year

thenationonlineng.net

Moniepoint Inc, parent company of Nigeria’s leading financial institutions, Moniepoint MFB and TeamApt Ltd has been ranked by the Financial Times, one of the world’s leading business news organisations, recognised...

Saturday, May 18

19

Visa Shortlists 20 Startups for its Africa Fintech Accelerator Program Cohort 2

techeconomy.ng

IN THIS NEWS: The Visa Fintech Accelerator program provides startups in Africa with valuable 1:1 mentorship, personalized training, and networking opportunities. The fintech companies have been selected from 28 African countries – of these…

12

Employees at fintech giant Revolut to cash in with $500m share sale

news.sky.com

Bosses at Revolut, Britain's biggest fintech, are drawing up plans to allow employees to cash in with a sale of stock valued at hundreds of millions of pounds.

11

‘CBN’s Regulations To Reposition, Sanitise Fintech Banking Space’

leadership.ng

The recent regulations by the Central Bank of Nigeria(CBN) will reposition and sanitise the operations of fintech banks in the country. The managing director of PalmPay Nigeria, Chika Nwosu stated this recently when he was a guest of the…

10

Moniepoint MFB Wins Best Fintech For Supporting Nigeria’s Hospitality Industry

independent.ng

TOMI FALADE Moniepoint Microfinance Bank, a popular Nigerian digital financial services provider and definitive bank for businesses, has been honored with the prestigious Best Hospitality Industry Support – Fintech Award at the 2024 Hotel…

03

CFPB Sues Fintech for Deceptive Practices Surrounding Tipping Service

natlawreview.com

273933 at https://natlawreview.com/article/cfpb-sues-fintech-deceptive-practices-surrounding-tipping-service

01

Nigerian Fintech Firm Flutterwave Confirms Hacking Attempt, Says Users’ Funds Safe

The Nigerian fintech firm Flutterwave claimed on May 16 that it had foiled an attempt to breach its payments platform. Flutterwave asserted that the “unauthorized activities inconsistent with usual customer behavior” did not compromise…

Friday, May 17

21

18

Latest News | Two Top PB Fintech Executives Sell 1.8 Pc Stake for Rs 1,109 Crore

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Two top officials of PB Fintech, the parent company of Policybazaar, divested a 1.8 per cent stake in the firm for Rs 1,109 crore through open market transactions.

16

Cuban-Backed Fintech Secures $165M to Drive Nationwide Expansion of Vehicle-Secured Affordable Credit

dallasinnovates.com

Dallas Innovates, Every Day: Here's what's new + next in North Texas.

15

Egyptian Fintech Bokra Secures $4.6 Million in Seed Funding Round

www.techinafrica.com

Bokra will support a variety of financial goals and enable retail and SME investors to easily save and invest across different asset classes. To assist merchants and SMEs in managing their wealth, Bokra’s team is tackling several…

12

Fintech unveils platform to support businesses streamline operations

businessday.ng

FinTrust Technologies Ltd., a fast-growing fintech business has launched the PawaSuite platform to help businesses streamline their operations. FinTrust through

11

FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead Platforms Higher

www.pymnts.com

Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or for modernizing payments between merchants and consumers — were dominant in the headlines. With…

02

A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

techcrunch.com

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to convert the company’s debt reorganization…

01

Accion Launches $152.5M Fund for Fintech Startups Globally

techmoran.com

Global nonprofit Accion has launched the Accion Digital Transformation Fund (ADTx), $152.5 million fund seeks to enable financial institutions to better meet the needs of small businesses that are currently excluded from the financial…

Thursday, May 16

23

Morgan State University FinTech Center Secures $1M Grant From Blockchain And Crypto Company

The Ripple University Blockchain Research Initiative (UBRI) has provided opportunities in educational research as well as a rich learning atmosphere.

20

19

PalmPay MD Declares Support For A Well-Regulated Fintech Industry

digitaltimesng.com

Summary: Managing Director/Chief Executive Officer of PalmPay Nigeria, Mr. Chika Nwosu has declared PalmPay’s unwavering support for regulators of the Fintech industry, noting that recent regulatory pronouncements are intended to not only…

15

CBN’s Customer Onboarding Policy will Strengthen FinTech Space – PalmPay MD

techeconomy.ng

Mr Chika Nwosu, the managing director of PalmPay Nigeria, believes the recent directives by the Central Bank of Nigeria to [some] financial technology companies to pause their customer onboarding processes aims to strengthen the sector.…