Tag
PAGA
Nigeria’s fintech industry has emerged as a beacon of innovation and growth, not just in Africa but globally.
The founder and CEO of Paga, Tayo Oviosu, has said that telecommunications operators in Nigeria will have to crash the cost of data to accelerate financial inclusion in the country.
The figure from Paga further confirms the rising embrace of mobile money in Nigeria as recently revealed by data from the NIBSS
Nigeria's fintech industry has experienced significant growth, with innovative companies leveraging technology to offer a wide range of financial products and services.
Nairametrics took a look at the ratings of these apps on the Google Play Store by users who have been using them.
Twitter has added pan-African payment solutions Paga and Flutterwave as payment providers for its tipping feature.
Paga could reach a valuation of at least $1 billion in the next year or two.
Almost on every street in most cities across Nigeria, one can find these "POS Agents" in small kiosks, shops and sometimes, under umbrella shelters, providing financial services.
Digital wallets are being projected to become the future of mobile payment.
Governments and startups in Africa are implementing tools to shift a greater volume of payment transactions toward mobile money.
Nigerian based fintech, Paga has entered into a partnership with global payment processor, Visa, to leverage on the latter's network for its users.
Nigerian Fintech Company, Paga has collaborated with Flutterwave, an international Merchant payments platform.