Stripe-owned Nigerian fintech, Paystack, has officially entered Nigeria’s banking space following its acquisition of Ladder Microfinance Bank, marking a major expansion beyond ...
Paystack has acquired Ladder Microfinance Bank, marking its entry into banking services in Nigeria. In a statement to TheCable via email on Thursday, the company confirmed that “Ladder Microfinance ...
For millions of people without access to traditional banking, the internet is a lot more than a place to share the latest family photos. It’s an opportunity to tell their stories and gain access to ...
PTCL Group injects Rs15bn into U Microfinance Bank to boost digital banking, expand financial inclusion, and support the bank ...
India's group insurance sector is facing a second consecutive year of contraction, with the top four private life insurers ...
MICROFINANCE is, at its heart, an effort to provide financial services to people who are not served -- or are under-served -- by the formal banking system. With appropriate, accessible, and fairly ...
When the rich suffer, so do the poor. Or so goes the trickle-down theory. It turns out, though, that the spreading of global financial pain is far from simple. The microfinance industry, for instance, ...
Rapid expansion led to overleveraging and rising defaults, forcing regulators to shift focus from growth to stability. The key takeaway is that unchecked lending can undermine both financial health ...
At the same time, asset quality is showing signs of improvement with the ratio of stressed assets declining in three successive quarters through September 2025.
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