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Moniepoint was founded in 2015 by business executives Tosin Eniolorunda and Felix Ike. It was initially founded under the name, TeamApt. [1] In March 2019, Moniepoint announced funding of $5.5 million in a Series A fundraising from Quantum Capital Partners. [3] In November 2019, Moniepoint received a switching license from the Central Bank of ...
Kris Engineering (born Chris Onyekachukwu Nwachukwu ; September 1986) is a Nigerian software engineer and entrepreneur who co-founded and is the CEO of the Nigerian fintech bank, Moniepoint Inc. [1] [2] He began his early career with Interswitch as a software engineer before starting TeamApt in 2015.
A rechargeable calling card or a recharge card is a type of telephone card that the user can "recharge" or "top up" by adding money when the balance gets below a nominated amount. In reality, the rechargeable calling card is a specialised form of a prepaid or debit account.
With prepaid water meters, the user purchases and prepays for a given amount of water from a vending station. The amount of water credited is entered on media such as an IC or RF type card. The main difference is whether the card needs contact with the processing part of the prepaid water meter.
Opay extended to Egypt in 2021, and was approved by the Central Bank of Egypt as well as to issue prepaid cards. [6] In May 2022, Opay Nigeria partnered with the Verve International to enrol its verve debit card. [7] Opay customers rallied at the company's headquarters in Lagos, over a leaked scam alert from an agent.
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The bad press could be in the form of fines related to fake accounts being opened or overdraft fees. Bank deposits that are within FDIC limits are protected by the full faith and credit of the U.S ...