Nigerians living in the U.K., — approximately 178,000 as of last year per the Office for National Statistics — have consistently ranked among the top 10 migrant communities in the country, making them an attractive customer base for firms operating in the competitive U.K.-Nigeria remittance...
Today in the connected economy, TikTok begins testing a program that lets users in Vietnam play video games on the app, part of a broader push into gaming. Also, Elon Musk says his version of Twitter will look a lot like Chinese super app WeChat,...
In today’s top Europe, Middle East and Africa news, Mastercard joins forces with mobile payments firm OPay to promote financial inclusion in Africa and the Middle East. Also, Deutsche Bank backs MarketFinance’s plan to lend $125 million to small businesses in the U.K., and SmartCash...
OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region, according to a press release Wednesday (May 18). The mobile payments FinTech startup OPay was launched in Nigeria in 2018...
May 01, 2026
OPay Digital Services, a payments platform focused on Nigeria and backed by SoftBank Vision Fund and Sequoia Capital, is preparing for an initial public offering (IPO) in the United States, Bloomberg reported Friday (May 1), citing unnamed sources. The company is seeking a valuation of $4 billion, which would double the $2 billion valuation it achieved in a 2021 funding round, and […]
May 19, 2022
OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region, according to a press release...
December 27, 2021
While Africa’s FinTech startup industry is booming, one country — Morocco — seems to be lagging behind, according to a report Monday (Dec. 27) by Morocco World News. The past...
August 23, 2021
Giant technology investor SoftBank has made its first foray into Africa, making its first bet in Nigerian mobile payments platform OPay. The firm’s Vision Fund 2 led a $400 million...