How KYC concerns prompted the CBN to recently prohibit Opay, Kuda, and two other fintechs

How KYC concerns prompted the CBN to recently prohibit Opay, Kuda, and two other fintechs The fintech companies include Palmpay, Kuda, Opay, and Moniepoint. Financial institutions in Nigeria have been rocked by the Central Bank of Nigeria’s recent directive to cease fintechs’ onboarding of new clients. The Central Bank of Nigeria (CBN) ordered four fintechs,…

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