CBN stops Opay, Kuda, Palmpay, Moniepoint from boarding new customers

Four Nigerian fintech companies have been directed by the Central Bank of Nigeria (CBN) to suspend onboarding new customers. The affected fintech are OPay, Palmpay, Kuda Bank, and Moniepoint. This directive comes amidst investigations into allegations that accounts on these platforms have been used for illegal foreign exchange transactions. A representative from two of the […]

The post CBN stops Opay, Kuda, Palmpay, Moniepoint from boarding new customers appeared first on The Guardian Nigeria News – Nigeria and World News.

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