Nigerian fintech firm, Carbon, said it processed as much as N96.54 billion ($241.35 million) worth of transactions in 2020, marking an 89% increase when compared to how much transactions the company processed in 2019.
Fintech
CredPal Raises $1.5 Million Funding Round to Expand its Fintech Business
CredPal recently announced that it has raised the sum of $1.5 million from various investors such as Y Combinator, GreenHouse Capital, Tangerine Life, and a number of other venture capital firms.
A Tall Order for Financial Inclusion in Nigeria
A recent EFInA survey on financial services agents has shown that percentage of agents who offer account opening services has decreased significantly since 2015.
Quick Take: Kuda Raises $10 Million to facilitate its Mobile-first Approach to Banking
Kuda Bank, a Nigerian mobile banking startup with headquarters in Lagos, has just raised the whooping sum of $10 million. Tech
