Paystack Acquires Ladder Microfinance Bank; Will Provide “Banking As A Service” In Nigeria
Paystack, the Stripe-owned fintech, has acquired Ladder Microfinance Bank, securing the regulatory license needed to offer lending, hold deposits, and provide banking-as-a-service (BaaS) in Nigeria. Why it matters For a decade, Paystack served as the “pipes” for digital transactions but had to rely on third-party banks to store money. By launching Paystack Microfinance Bank (Paystack […] The post Paystack Acquires Ladder Microfinance Bank; Will Provide “Banking As A Service” In Nigeria appeared first on Tech Labari.
Paystack, the Stripe-owned fintech, has acquired Ladder Microfinance Bank, securing the regulatory license needed to offer lending, hold deposits, and provide banking-as-a-service (BaaS) in Nigeria. Why it matters For a decade, Paystack served as the “pipes” for digital transactions but had to rely on third-party banks to store money. By launching Paystack Microfinance Bank (Paystack […]
The post Paystack Acquires Ladder Microfinance Bank; Will Provide “Banking As A Service” In Nigeria appeared first on Tech Labari.
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