What's actually changing in Nigerian fintech.
Stripe has agreed to acquire Parafin, an embedded financing platform serving small businesses, in its second acquisition in as many months. The deal signals Stripe's deepening bet on embedded credit — a model that could reshape how Nigerian fintechs like Paystack serve their own small-business customers.
A KPMG and Orange Group Nigeria study shows OPay installed on 69% of smartphones surveyed across 12 major Nigerian cities, significantly ahead of individual traditional bank apps. The data highlights the growing distribution power of fintech platforms.
PalmPay has rolled out NightGuard, a security feature allowing users to set additional verification for transfers between 11 p.m. and 7 a.m. It is a practical product move — but it also reflects a deeper shift in how Nigerian fintechs are approaching fraud, regulation, and user trust.
Nigeria's fintech industry is entering a new phase. After a decade of growth driven by payments, wallets, and financial inclusion, attention is shifting toward the infrastructure behind financial services—digital identity, payment rails, open banking, cybersecurity, and AI. The next wave of fintech value may come from the systems that allow the digital economy to operate at scale.
Bolt has recorded a 92% week-on-week increase in driver registrations following Uber's exit from Nigeria on September 2. But the figure measures the rate of increase, not the size of the driver base—and the bigger question is whether more drivers translate into sustainable platform economics.
At the BRICS Summit in New Delhi, President Tinubu delivered a warning that should echo through Nigeria's fintech ecosystem: "A nation that owns no technology risks renting its future." Here is what that means for the builders, investors, and regulators shaping Nigerian fintech.
Nigeria’s business confidence is rising sharply, with the CBN’s Business Confidence Index jumping from 5.7 to 14.8 points in August. But beneath the optimism, businesses still face high interest rates, taxation and insecurity — while global rate decisions could shape the cost of capital, the Naira and investment flows. Our Macro Snapshot examines what the stronger business outlook means for Nigerian businesses, the CBN and the wider economy.
AI, open banking and cross-border services are moving Nigeria’s fintech market into a new phase built on regulated financial infrastructure.
Nigeria's graduates face a tight job market and rising AI anxiety. We set the local picture against a 34-market global survey on whether AI will create new jobs.
What the departure of a global mobility giant tells us about Nigeria's platform economy — and why the fintech risk is habit, not headlines.
Nigeria’s banking sector has completed a landmark ₦4.65 trillion recapitalisation exercise, strengthening balance sheets, boosting lending capacity, and restoring investor confidence. With 27% of the capital coming from foreign investors, this reform marks a major turning point for the country’s financial stability and fintech competition.
Our quarterly reliability test across 12 institutions shows measurable improvement, with two clear laggards.
A four-step check anyone can run in under ten minutes before depositing a Naira.
We modelled 14 lending apps on identical loan terms. The gap between advertised and effective cost is enormous.
New capital and settlement rules change what payment service banks can hold on your behalf. Here is the practical impact.
