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Biggest influencers in fintech in Q3 2020: The top individuals to follow

GlobalData research has found the top influencers in fintech based on their performance and engagement online. Using research from GlobalData’s Influencer platform, Retail Banker International has named the most influential people in fintech on Twitter during Q3 2020. Biggest influencers in fintech: The top ten in Q3 2020 1. Spiros Margaris (@SpirosMargaris) Spiros Margaris is …

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Nigerian fintech startups that raised at least $1m in Q1-2021

The first quarter of 2021 has proven, to some extent, that fintech startups are Nigeria’s new oil. Fintech platforms accounted for about $202.15 million (78.94%) of $256.34 million funds raised by a total of 16 Nigerian startups during the months of January to March (only publicly disclosed deals were computed in this data). Nigeria’s fintech …

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Singapore, Thailand link real-time payment rails for faster, cheaper cross-border transfers.

THE Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) on Thursday announced the linkage of both countries’ real-time retail payment rails to facilitate faster and cheaper cross-border transfers. The linkage of Singapore’s PayNow and Thailand’s PromptPay is the first instant cross-border payments infrastructure to be established globally, tackling key pain points such …

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Nigeria: As Payment Systems Take Another Leap With QR Codes, By ‘Tope Fasua’

  The use of QR codes for payment services is quite beneficial though. Setting it up is quick and does not require any heavy investment on the part of retailers. It actually reduces the pressure on Point of Sales (POS) machines (some retailers may do away with them entirely). The technology can also work with …

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Exclusive: PayPal launches crypto checkout service

LONDON (Reuters) – PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce. Customers who hold bitcoin, ether, bitcoin cash and litecoin in …

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FG Replaces Stamp Duty With N50 Electronic Transfer Levy

  Consequent upon the outlawing of stamp duty on electronic bank transfer by the Court of Appeal, the Federal Government, through the Finance Act 2020, has introduced Electronic Money Transfer Levy. Finance Act 2020, which was recently signed by President Muhammadu Buhari, has a commencement date of January 1, 2021 along with the 2021 Appropriation …

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