Category: Fintech
NDPC sanctions Fidelity with #555.8m for data breach
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The Nigeria Data Protection Commission (NDPC) has fined Fidelity Bank #555.8 million for a data breach that exposed…
Egyptian fintech Lucky raises $3M to expand credit operations, targets profitability by 2025
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Egyptian fintech startup Lucky has successfully secured US$3 million in a convertible note funding round. The funding, aimed…
Silverbacks Holdings acquires a stake in the African sports-tech firm NERGii
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Mauritius-based investment firm Silverbacks Holdings has purchased a significant minority position in South African sports technology business NERGii,…
FCMB and FMO launch Agritech hackathon to address agricultural challenges in Nigeria
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First City Monument Bank (FCMB) and the Dutch Entrepreneurial Development Bank (FMO) are hosting an Agritech Hackathon and…
Ecobank unveils 12 finalists for 2024 fintech challenge
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The 2024 Ecobank Fintech Challenge has unveiled its 12 finalists, representing some of Africa’s most promising fintech companies.…
Mastercard collaborates with Fintech Scale to accelerate SME growth
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In the most recent news about startups, the South African company Scale has teamed up with Mastercard to…
GTBank denies website cloning and confirms a domain breach attempt
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A confirmed attempt has been made to breach the domain of Guarantee Trust Bank Plc’s website. Just a…
Providus bank announces ₦3 trillion boost from strategic merger
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Providus Bank stated that the Central Bank of Nigeria (CBN) has granted preliminary approval for the merger with…
Zenith Bank, Nigeria’s leading financial institution, starts a $182 million fundraising initiative
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The largest lender in Nigeria based on market capitalisation, Zenith Bank Plc, aims to raise $290 billion ($182…
Klasha unveils multi-currency accounts for businesses
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In a bold move to revolutionise cross-border commerce, Klasha, a fintech startup renowned for its innovative solutions in…
