The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

One of the leading digital and mobile banking institutions in Nigeria, OPay, has been praised for revolutionizing financial inclusion in the country and Africa.

Payhippo says this acquisition will enable them to directly access Nigeria’s Inter-bank Settlement System.

Through this partnership, more than 5,000 MAX drivers will also gain access to digital financial services offered by VFD Microfinance bank.

A microfinance institution, Citygate Global, has unveiled a multi-purpose mobile loan application, Monéé, which was designed to also cater for loan, savings, funds transfer services, investment, bill payment and others.

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.