Friday
March 17
2023

Nigerian Credit-Led Fintech FairMoney Acquires PayForce in Retail-Merchant Banking Play

By Tage Kene-Okafor

Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce), a merchant payment services that serves small businesses, as the digital lender looks to broaden its financial services proposition to merchants.

Photo courtesy of Barbara Minishi/European Union.

Source: TechCrunch (link opens in a new window)

Categories
Finance, Technology
Tags
digital finance, fintech, MSMEs