The fintech has gained significant traction with its payment’s app and nationwide agency banking network LAGOS, Nigeria, August 31, 2022/ -- PalmPay (https://PalmPay.com/), a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the same league as major institutions only 3 years after the company launched in the market. The fintech, which operates under a Mobi
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Anchor, a banking-as-a-service platform joins Y Combinator’s Summer 2022 (S22) Batch, announces the launch of public beta
Anchor is launching its public beta API infrastructure to make it easier for African businesses to build, embed and launch financial products. LAGOS, Nigeria, August 29, 2022/ -- Anchor (https://getAnchor.co/), a banking-as-a-service (BaaS) platform making it possible to seamlessly build financial products in Africa announces its public beta launch. The startup was also accepted into Y Combinator Summer 2022 Batch as the first African BaaS and embedded finance platform. In recent years, there have been several reports about the size of
Read MoreThe service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign payment process LAGOS, Nigeria, August 29, 2022/ -- Grey (https://Grey.co), a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign payment process. “Grey (https://Grey.co) was founded in 2021 to
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