From Struggle to Stability: How FinTech is Helping Nigerian SMEs Overcome Cash Flow Challenges
When Mrs. Agbaje started her school in Ibadan twelve years ago, she didn’t envision a tech-enabled future. Her dream was simple—provide affordable, quality education to children in her community. For the most part, she made it work. But as the school grew, a new challenge took root. It wasn’t infrastructure. It wasn’t teacher retention. It […]
Three ways embedded finance can drive a cashless economy by Victor Irechukwu, Head of Engineering, OnePipe
In recent years, non-bank providers have been integrating financial services into various products and services. This enables merchants that have these embedded financial services to interact with their customers in new ways. Recall Nigeria’s recent cashless experiment? The main problem was not because the country wanted to go cashless, rather, people were unable to pay […]
To make ePayments more acceptable, Nigeria needs to curb fraud By Victor Irechukwu, Head of Engineering, OnePipe
When a credit alert drops on your phone, chances are you will get excited. Even if it wasn’t a surprise and you were expecting that money. But when it is a debit alert, there’s also a certain type of gloom you feel; you want money to keep coming in but as little as possible of […]
Are there really cashless economies? By Yvonne-Faith Elaigwu, Head of Operations and Governance, OnePipe
‘Cashless’ has probably become one of the most popular words in Nigeria in the last few months. While it can be defined in different ways, it has one universal meaning and is characterised by the exchange of funds for goods and services by methods other than the use of cash. This little or no dependence […]
A cash-driven society is bad for you, your business, Nigeria’s GDP, everybody!
By Femi Apesin, Head, Growth & Marketing, OnePipe If the 38.1 million Nigerian adults financially excluded at the end of 2020, saved N1,000 every month through a financial service provider, that would have meant an extra N457 billion available in liquidity to drive the Nigerian economy. It would have been almost half a trillion naira […]
OnePipe, Fidelity Bank Partner to Launch PayGatePlus to Accelerate Online Payments
Nigerian API and embedded finance startup, OnePipe has partnered with Fidelity Bank, one of Nigeria’s largest banks with an extensive network of branches to launch PayGatePlus, an enhanced version of PayGate, which is Fidelity Bank’s flagship gateway that enables businesses and merchants to collect online payments. Working with OnePipe as an innovation partner, Fidelity has […]
OnePipe Launches Writing Challenge for Nigerian Journalists
…Three Writers to Win 1 Million Naira Each OnePipe, a foremost fintech API Company has launched a press writing challenge to recognize finance-focused journalism and reward press reportage. The prized challenge is part of the company’s efforts to promote and inspire more educational reporting and writing with particular emphasis on enhancing the awareness and understanding […]
Four ways FMCG distributors can use embedded finance to grow trade within supply chains
You have a shop in the neighbourhood or market, selling things like milk, noodles, sugar, etc. Now imagine that your plug for Nestle, Unilever or Flours Mill of Nigeria (FMN) products provides you with a special bank account. “That’s absurd, why?” You say. Let’s take a step back a little… This distributor has probably done […]
