Nigeria Fintech & Mobile Money: Telco-Fintech Convergence, Mobile Scale, and the N50 Trillion Funding Gap

Lebara Nigeria, a mobile virtual network operator, has partnered with fintech Payaza as the exclusive payment partner for a new digital commerce hub—the latest signal that telcos are done watching fintechs eat their lunch. The deal, signed in Lagos on Saturday, positions Payaza as the tech and payment backbone for Lebara's "Telco Trinity" ecosystem, blending connectivity, finance, and lifestyle services.

"Nigeria stands at a defining moment where millions require more inclusive...