Rarzack Olaegbe It gives them a chance to avoid the dreaded “down round.” That is a lower valuation stage. It is lower than in the prior stage. Every fintech company seems to be a candidate for layoffs. Some of the...
Rarzack Olaegbe "It is expanding each year. Why did Bangwell start this school? Because her heart sank! She got the idea of a science-oriented high school for poor children in 2014. Then, she drove her child to a hospital. She...
Rarzack Olaegbe Take big data, for instance. It comes as structured and unstructured data. Electronic devices generate big data. The data is too large. Regular databases cannot handle it. Cannot process it. Machines have replaced humans in many jobs.  has also...
Rarzack Olaegbe In Nigeria, the CBN has mandated the banks and fintechs to maintain a level of KYC due diligence for all of its customers. The directive allows for a three tier profiling. It gives financial institutions the ease to bank majority of Nigerians. It...
Simbo Olorunfemi “In 1967, at the beginning of the Nigerian civil war, he was unjustly accused of assisting rebels in the breakaway republic of Biafra to purchase jet fighters. Soyinka was arrested but never formally charged and spent most...
Axel van Trotsenburg "African leadership is confronted with meeting this double challenge of responding to crises but not losing sight of the longer-term development needs of their country or the continent" These days, it feels like one crisis is chasing the...
Rarzack Olaegbe Many people are still used to the traditional wallets. But Google, Apple, and Samsung have already introduced their own versions. Soon, the global population will embrace mobile payment. For instance, PayPal Holdings is a market leader. This is...
By Rarzack Olaegbe For instance, data from EY shows that the USA has over 8,775 fintechs with a population of 330 million. The United Kingdom with a population of 68 million has over 2,500 fintechs. Africa with 1.2 billion population...
Unsuccessful startups failed to get what they needed from their partners, investors, and core team members at the right time, and in some cases were in a vacuum of partners and investors that weren’t always acting to their needs. The...
To succeed, the fraudsters asked some Nigerians to supply their names, birthdate and bank account details in order to be eligible for the Covid-19 relief loan. The criminals said via sms that the loan will be transferred into their...
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