30 results
- 18 Mar 2024
Nigerian fintech Zone raises $8.5M seed to scale its decentralized payment infrastructure
Zone, Africa’s fast-growing payment infrastructure company (the “Company”), has raised $8.5 million in an oversubscribed seed funding round led by reputable VC firms Flourish Ventures and TLcom…
- 7 Oct 2024
Better Digital Payments Infrastructure is Facilitating Access to New Markets for Enterprise
By Doreen Lukandwa, Head, Commercial Strategy at Onafriq Saying that small and medium-sized enterprises (SMEs) are the backbone of economies in East Africa is an understatement. SMEs make up the…
- 30 Apr 2026
Nigeria’s CardForté Turns Five, Showcasing Impact on Domestic Payment Infrastructure
For Nigeria's rapidly expanding financial sector, the true bottleneck to scaling has rarely been user acquisition; it has been the physical infrastructure of payments. On April 24, 2026, at the Lagos…
- 2 Jun 2026
NPS, New Payment Infrastructure Hits 153,000 Transactions in Pilot Phase
Nigeria’s National Payment Stack (NPS) processed 153,000 transactions during its pilot phase, moving closer to a full rollout. Pic credit.....manifieldsolicitors.com This next-generation payment…
- 9 Dec 2019
Sekunjalo Investment, China's Ultrain Partner to Build New African Payment Infrastructure
Sekunjalo Investment Holdings (Sekunjalo) a diversified investment group has announced it has partnered with Chinese public Blockchain leader, Ultrain Technology Limited (Ultrain), to develop a…
- 28 Jun 2026
PalmPay Calls for Trust, Infrastructure and Responsible AI to Drive Payment Ecosystem Innovation
Industry leaders, regulators, and payment experts have called for stronger infrastructure, responsible artificial intelligence (AI) adoption, and deeper cross-sector collaboration to unlock the next…
- 18 Jun 2025
NIBSS National Payment Stack to Transform Nigerian Instant Payments
Nigeria Inter-Bank Settlement System (NIBSS) has launched the National Payment Stack (NPS), a payment infrastructure aimed at redefining digital payments in Africa and building on the introduction of…
- 9 Jun 2026
Yuno Partners with Onafriq to Unlock Pan-African Payments for Global Merchants
Yuno, the global financial infrastructure platform, today announced a strategic partnership with Onafriq, the leading Pan-African payments network, to bring Africa’s most expansive payments…
- 24 Jan 2023
Touch and Pay Launches Cowry Card Cashless Fare Collection Technology on New LRMT Blue Rail Line
Touch and Pay Technologies , a Nigerian fintech company and leading processor of micro-transactions in Africa, announced today that for the first time, rail passengers across Nigeria’s largest city,…
- 14 Aug 2013
Unified Payments Addresses Issues at PoS with Solution
Unified Payments, an electronic payment service provider is to launch a solution that will address the challenges of poor telecommunications infrastructure at Point of Sale (PoS) terminals, Nigeria…
- 8 Jul 2026
Flutterwave Secures Circle Ventures Investment to Deepen USDC Payment
Flutterwave has secured a strategic investment from Circle Ventures, the venture capital arm of Circle Internet Group, to accelerate the expansion of its USDC payments and settlement infrastructure…
- 29 Jul 2026
Onafriq, Privy Partner to Expand Stablecoin Payments Across Africa
Onafriq, Africa's largest payments network, has partnered with stablecoin infrastructure provider, Privy, to strengthen digital asset infrastructure and accelerate the development of…
- 4 Sept 2017
Experts Harp on Infrastructure Network, Awareness for Cashless Policy
Electronic payment operators have blamed the absence of robust infrastructure network and low level of awareness for the slow adoption of e-payment as a lifestyle. This is against the backdrop of the…
- 5 Aug 2026
TeamApt, Awabah Partner to Bring Micro-Pension Contributions to POS Terminals Nationwide
TeamApt Limited, a payment infrastructure company, has partnered with digital pension agent platform Awabah to power Pension Direct, a micro-pension solution for self-employed and informal-sector…
- 8 Apr 2009
Revealed!: NCS, Why e-Payment is not Working
The take off of Nigeria Central Switch (NCS), a key national payments infrastructure hub would have to wait a little longer until fine details including a set of rule of engagement, policy and legal…
- 3 Apr 2023
Cellulant Sets to Lead Online and Offline Payment Drive Across Businesses in Africa
Cellulant, a leading payments technology company, aims to change how businesses in Africa make and receive payments by introducing online and offline payment solutions. The payments market in Africa…
- 14 Aug 2026
Mastercard, TeamApt Collaborate to Expand Digital Payments Across Africa
Mastercard and TeamApt Ltd., a subsidiary of Moniepoint Inc. and a provider of financial infrastructure and payment solutions, have entered a strategic collaboration to strengthen digital payment…
- 29 Nov 2022
Appzone Rebrands to "Zone" to Power Global Payments with its Regulated Blockchain Network
Appzone, one of Africa’s Fintech Software Providers, has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. By building Africa’s first layer-1 blockchain network, Zone will…
- 10 Nov 2025
Nigeria Records First Successful Transaction on National Payment Stack
Nigeria’s digital payment industry has reached a major milestone with the first live transaction completed on the National Payment Stack (NPS), a new digital infrastructure designed to unify and…
- 27 Apr 2026
Reliable Payment Rails Key to Financial Inclusion - TeamApt
Stakeholders at the Payment Forum Nigeria 2026 have emphasised the need for robust and reliable payment infrastructure to drive financial inclusion, particularly among small businesses, merchants,…
- 28 Feb 2019
Fintech Platform TeamApt Closes $5.5m Series A Round
TeamApt, a Nigerian fintech company that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A round, led by Quantum Capital Partners. The Lagos-based…
- 3 Apr 2025
FG Asks World Bank for Fresh $10.50m Loan to Enhance CBN Technical Capacity
Nigeria has approached the World Bank for a fresh $10.50m loan to enhance the Central Bank of Nigeria’s (CBN) technical capacity and modernise the country’s domestic payment infrastructure. Olayemi…
- 4 Jun 2026
Moniepoint CEO Pushes New Credit Revolution for Millions of Nigerian Small Businesses
As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System Vision (PSV) 2028 framework in Abuja, industry leaders are shifting the conversation from how money…
- 11 Nov 2024
Ecobank, Nium Partner to Unlock Real-Time Cross-Border Payments Across 35 African Markets
Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated, the leading independent pan-African financial services…
- 4 May 2023
Nigeria’s Payment System among Best Globally- eTranzact CEO
Mr Niyi Toluwalope, Chief Executive Officer (CEO) of eTranzact, an electronic and mobile payment solution company, says the Nigerian Payment System is among the best in the world. Toluwalope said…
- 28 Apr 2026
Payaza Secures Dual Credit Rating Upgrades, Expands Footprints in Africa
Payaza Africa, a payments infrastructure company in Africa, has strengthened its market position with two major rating milestones. While rating firm, DataPro upgraded Payaza from A to AA-,…
- 17 Feb 2022
MFS Africa Looks to Strengthen PAPSS Backbone
African digital payments network MFS Africa has joined the Pan-African Payment and Settlement System (PAPSS) network, the newly established African cross-border and financial markets infrastructure…
- 3 Apr 2026
CBN, Banks, Fintechs Launch PSPC to Boost Nigeria's Payment System
Central Bank of Nigeria (CBN), alongside commercial banks and fintech operators, has unveiled the Payments Service Providers Committee (PSPC) to tackle gaps in the country's payment infrastructure.…
- 8 Jun 2026
Payaza Secures ‘A’ Credit Ratings from Moody’s, Agusto, DataPro, Intelligence Africa
Payaza Africa, a payments infrastructure company, has earned strong credit ratings from four major rating agencies, reinforcing its growing reputation as a resilient and credible player in Africa’s…
- 15 Jan 2014
Interswitch Smartgov to Raise Revenues for Cross River State
Senator Liyel Imoke, Governor of Cross River State, has announced that his government will continue to expand ways the Smartgov platform; the identity management and e-payment infrastructure for…