…reshape competition among major players, including OPay, Moniepoint, PalmPay, Paystack, Flutterwave and traditional banks that have aggressively expanded their footprints across consumer and merchant payments. In a circular released on Monday, June 15, 2026, the apex bank announced that any licensed financial instituti…

…one of those leading that transformation is Iyinoluwa Aboyeji, who co-founded Andela and Flutterwave, two technology companies that have each achieved valuations of over $1 billion. Speaking in a recent interview on School of the Hard Knocks, Aboyeji shared the principles that shaped his entrepreneurial journey, offeri…

…company now owned by The Stack Group (TSG), acquired Ladder Microfinance Bank. In April, Flutterwave, Africa's largest payments startup, secured a national MFB licence through its acquisition of open banking startup Mono. In May, Sycamore, a financial service group with lending and asset management businesses, told Tec…