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Onafriq winds down Baxi agent banking business in Nigeria

Fintech company, Onafriq, has announced plans to wind down its Baxi agent banking business in Nigeria, citing naira depreciation, rising operating costs and shrinking margins amid intensifying competition in the payment services market. The post Onafriq winds down Baxi agent banking business in Nigeria appeared first…

NairametricsBy Samson Akintaro
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Onafriq winds down Baxi agent banking business in Nigeria
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Original headline: “Onafriq winds down Baxi agent banking business in Nigeria”

  • Financial Services
  • Sectors
  • Tech News
  • Baxi
  • Digital payments
  • Nigerian Fintech