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Nigeria has experienced the most significant decline in cash transactions among six cash-reliant economies over the past decade, driven by the rapid adoption of digital payments and increasing partnerships with fintech companies, according to a report by global payment processing firm Worldpay. From 2014 to 2024, cash transactions in Nigeria…

Egyptian fintech startup Telda, which has garnered support from prominent global investors including Sequoia Capital, has made a significant move by acquiring the local securities brokerage firm City Capital. This acquisition represents a crucial step in Telda’s ambition to evolve into a comprehensive digital financial services platform. The announcement follows…

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