Chijioke Dozie

Fintech company Amplify acquired by OneFi, fueling effort to shape Nigeria’s fintech infrastructure

Amplified Payments Ltd, a fintech company that builds and facilitates payment solutions and digital financial transactions in Nigeria, has today announced its acquisition by One Finance Limited. The deal, completed for an undisclosed fee, took effect as of March 1st, 2019, and sees OneFi boost its financial services offering, as the company adds Amplify’s assets, …

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Nigeria\’s OneFi secures $5mn debt facility from Nairobi-based Lendable

One Finance Limited [OneFi] today announces that it has secured a $5M debt facility for its consumer facing platform, Paylater. The facility comes from New York and Nairobi-based Lendable, a technology-enabled funding provider to African consumer and SME lenders. The debt facility will be used to deploy more loans to Paylater customers, specifically through a …

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