October 18, 2020

Evolve Credit, allowing Nigerians to find, review, and apply for loans and financial products

Now, more than ever, there is an overwhelming need for loans and financial products in the Nigerian market. This is evident in the increase in loan applications from individuals and small businesses since lockdown restrictions began. But with most loan providers operating offline, it proved difficult for some customers to apply for this financial service. Still relying …

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Nigerian fintech startup Paystack acquired by Stripe for African tech ecosystem

The African tech ecosystem has witnessed a landmark moment after Nigerian fintech company Paystack was acquired by global payments leader Stripe in a deal reports say could be worth more than US$200 million. Launched in January 2016 by Shola Akinlade and Ezra Olubi, Paystack is a payments company that helps businesses in Africa get paid by anyone, …

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