M-KOPA Kenya Hits $1.6 Billion in Credit Disbursed – Becomes One of Kenya’s Largest Lenders to Low-Income Households By Ndefo Onyekachukwu | November 24, 2025 M-KOPA Kenya, the local arm of the pan-African pay-as-you-go giant, has now extended more than $1.6 billion (KES 207 billion) in credit to customers across the country, cementing its position as one of Kenya’s biggest lenders to low- and middle-income households. The milestone was revealed on Monday during the launch of M-KOPA’s first Kenya-focused impact report in Nairobi, which chronicles the company’s 15-year journey from selling solar kits in rural areas to financing smartphones and…
Author: FinTech Today
Paystack Fires Co-Founder Ezra Olubi Over ‘Significant Reputational Damage’ from Resurfaced Tweets By Ndefo Onyekachukwu | November 24, 2025 Paystack, the Stripe-owned Nigerian payments giant, has terminated the employment of its co-founder and former Chief Technology Officer, Ezra Olubi, citing “significant negative reputational damage” caused by resurfaced tweets from over a decade ago. The decision, announced on November 24, 2025, follows Olubi’s suspension on November 13 amid allegations of sexual misconduct and the viral resurfacing of explicit tweets from 2009–2013. Olubi, who co-founded Paystack in 2015 with Shola Akinlade and helped scale it to a $200M+ acquisition by Stripe in…
Next Wave: Safaricom’s $310 Million Debt Flex – A Strategic Power Move in 2025 By Ndefo Onyekachukwu | November 24, 2025 Kenya’s telecom titan Safaricom is making headlines with a massive financial maneuver: securing regulatory approval to raise up to KES 40 billion (~$310 million) through a Medium-Term Note (MTN) program – the largest corporate debt issuance in Kenya’s history. Approved by the Capital Markets Authority (CMA) on November 7, 2025, this move signals Safaricom’s aggressive push for infrastructure upgrades in Kenya and its Ethiopian venture, amid a debt landscape that’s seen the company clear $400 million in foreign loans…
FG Opens S-VCG Application Portal: Up to ₦50 Million Equity-Free Grants for Nigerian Student Startups in 2025 By Ndefo Onyekachukwu | November 24, 2025 The Federal Government of Nigeria has officially launched the application portal for the Student Venture Capital Grant (S-VCG), a flagship initiative under the Renewed Hope Agenda offering up to ₦50 million in equity-free funding to student-led innovations in Science, Technology, Engineering, Mathematics, and Medical Sciences (STEMM). Announced on August 2, 2025, and powered by a partnership with Google using Gemini AI for streamlined evaluations, the program aims to transform campus ideas into scalable businesses. The…
CBN Reaffirms Commitment to Financial Inclusion and Monetary Stability at 2025 Awka Fair By Ndefo Onyekachukwu | November 22, 2025 The Central Bank of Nigeria (CBN) has reiterated its dedication to advancing financial inclusion, stimulating national productivity, and maintaining monetary and price stability as core pillars for strengthening the economy. This assurance came during the 2025 CBN Fair, hosted at the International Convention Centre in Awka, Anambra State, South East Nigeria, on November 21, 2025. The event, themed around driving alternative payment channels for inclusion and growth, featured financial literacy sessions, stakeholder engagement, and warnings against naira abuse, underscoring CBN’s…
#EnoughIsEnoughNG: How Fintech Can Help Nigerians Survive Protests & Economic Chaos in 2025 By Ndefo Onyekachukwu | November 23, 2025 The hashtags are everywhere: #EnoughIsEnoughNG, #NigeriaWantsPeace, #EndBadGovernance. From Lagos to Abuja, Nigerians are fed up. Protests over insecurity, inflation at 34%, and “moving on” to the next tragedy while nothing changes. As of November 23, 2025, over 1.2 million X posts and 500k+ WhatsApp forwards are demanding action – and the conversation is only growing. But while we fight for systemic change, what about surviving today? Fintech isn’t just apps – it’s a lifeline. In times of chaos (cash shortages,…
I’ll give you a straightforward, non-partisan analysis of Peloton Interactive (NASDAQ: PTON) based on the latest data as of November 22, 2025. Important disclaimer: I’m not a financial advisor, and this is not investment advice. Stock investing involves risk, including potential loss of principal. Always do your own research, consult a licensed professional, and consider your risk tolerance, time horizon, and portfolio diversification. Past performance doesn’t guarantee future results. Peloton has had a turbulent journey since its pandemic boom, but 2025 shows signs of stabilization. Let’s break it down with current financials, analyst views, and risks to help you decide…