VBank, Kuda others dominate Nigeria’s $1,658m Neobanking segment

VBank, Kuda others dominate Nigeria’s $1,658m Neobanking segment

Transaction value in Nigeria’s Neobanking segment is projected to hit US$1,658m this year. The emergence of neobanks as mobile-focused financial technology firms has further revolutionized the digital banking experience for customers, especially in areas that are not sufficiently covered by conventional banking activities. Coupled with the growing number of customers demanding digital financial services, the …

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