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Why Nigeria's biggest fintechs are racing to become banks

Paystack, Flutterwave, Sycamore and others are using MFB licences to move into banking, but strict CBN rules limit how they can grow.

Raccontata datechcabal.com

Timeline cronologica

  1. lunedì 29 giugno 2026·techcabal.com

    Why Nigeria's biggest fintechs are racing to become banks

    Paystack, Flutterwave, Sycamore and others are using MFB licences to move into banking, but strict CBN rules limit how they can grow.