Paystack has folded Brass, the Nigerian business banking fintech that it acquired in a consortium-led effort in 2024, into its MFB operations.

CBN gives PoS agents more room to operate, while I&M deepens its Tanzania bet, MCB commits $1 billion to trade finance, and SPAR exits the UK.

Brass, a Nigerian business banking startup, will stop operating as an independent company and migrate customers into Paystack MFB.

Brass Business Banking has moved business banking operations into the infrastructure of Paystack Microfinance Bank, in a strategic shift...

Paystack has folded Brass, the Nigerian business banking fintech that it acquired in a consortium-led effort in 2024, into its MFB operations.

Brass will cease operating independently and move customers into Paystack MFB, strengthening Paystack’s banking ambitions and highlighting a growing consolidation trend across…