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eNaira is a Central bank digital currency issued and regulated by the Central Bank of Nigeria. [1] It was the first of its type in Africa. [2] Denominated in naira, the eNaira serves as both a medium of exchange and a store of value and claims to offer better payment prospects in retail transactions when compared to cash.
Remita is a financial services platform owned by SystemSpecs, a financial services company headquartered in Lagos, Nigeria. It has served as the gateway for the treasury single account of the Nigerian government since 2012.
Kuda, also known as Kuda Technologies Limited, is a Microfinance Bank and fintech company operating in Nigeria and the UK. It was founded by Babs Ogundeyi and Musty Mustapha in 2019. It was founded by Babs Ogundeyi and Musty Mustapha in 2019.
A User-Centric Marketplace and Wallet for Web3. Portal Hub and Wallet surpass typical Web3 offerings with features inspired by Web2’s user-friendly approach. Real-time recommendations and a community-driven marketplace on Portal Hub create an experience that makes Web3 accessible and intuitive.
A digital wallet, also known as an e-wallet or mobile wallet, is an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services.
Mara was founded in 2021 by Chi Nnadi, Lucas Llinás Múnera, and Dearg OBartuin. [1] [5] [6] The Mara executive team is led by Chi Nnadi (Co-Founder and CEO), Dearg OBartuin, and Yana Afanasieva, and joined by board advisors Kojo Annan and Tatiana Koffman.
Cryptocurrency-related companies are not forbidden in Nigeria. [7] The legal status of cryptocurrencies in Nigeria is ambiguous, unlike other countries where there is a clear ban. [2] According to a study by price tracker CoinGecko, Nigeria became more interested in cryptocurrencies than any other country in Africa.
Tingo Group, Inc. (formerly Tingo Inc.) is a publicly traded fintech and agri-fintech conglomerate initially established in Nigeria and now with operations across Africa, Southeast Asia, and the Middle East.