Neduzze5:
This is simply the aftermath of a wrong decision taken by the CEO which led to a run on the company by the customers.

Because I don't know how you will wake up one morning, switch from virtual MasterCard to Virtual Visa Card the without allowing users to move out their funds from the MasterCard before blocking their access to it.

Neduzze5:
This is simply the aftermath of a wrong decision taken by the CEO which led to a run on the company by the customers.

Because I don't know how you will wake up one morning, switch from virtual MasterCard to Virtual Visa Card the without allowing users to move out their funds from the MasterCard before blocking their access to it.

Goalnaldo:
Please how do they start fintech? I want to start. Can one start with zero capital?

12inchess:
I still find it largely interesting and ignorant for young Nigerians to devout their life savings to these "neo-yahoo yahoo" Fintech startups. There is still prudence in dealing with institutionalized banks like First Bank, GTB, Zenith etc. This Neo-Yahoo Yahoo Fintech startups in Nigeria are largely unregulated and nothing stops the CEO from cashing out with your funds to buy him a mansion in San Francisco while f**king San Francisco b**ches with your life savings. After Invictus Obi, una still never learn. The only Fintech company I even trust a little bit is Piggvest or Piggybank because they are supported by First Bank and the person in charge is from a well known family honorable family in Nigeria. But even Cecilia Ibru of Oceanic last last she still engaged in shady dealings. Anyway na una sabi. Just a word of advice, the day that girl comot for Piggvest make una comot your money from there ooo because enough wolves are already waiting in the sidelines to pounce on your funds.

nlfpmod:


https://techcabal.com/2023/09/20/fintech-payday-is-looking-to-sell-months-after-3m-raise/

nlfpmod:


https://techcabal.com/2023/09/20/fintech-payday-is-looking-to-sell-months-after-3m-raise/

nlfpmod:


https://techcabal.com/2023/09/20/fintech-payday-is-looking-to-sell-months-after-3m-raise/

motionarena:


Na the new oil well be this.

Na to start our own and cash out

Nolevel666:

You think say e easy?
I know how to but you don’t seem to be different from this guy they are talking about.

SmartPolician:
Raising money isn't an issue these days but paying back. I wonder how those feeless neobanks intend to repay all the money investors splashed on them.

Okortor:
This scam company that disguised as a game play and was even advertised on wazobia FM collectingc #200 per account with max of 20account within 40mins and claiming that player's could win up to 50k with just#200 but Las Las na scam show Ponzi.

motionarena:
Everything is Fintech in naija.
Everybody is eyeing your Money

Seems this is d new form of Legalized tech ponzi

Ignyte:


I actively used PayDay and the reason was simple. PayDay helped us create dollar accounts so we could receive our foreign payments in dollars.

Shebi UBA dey work as bank account for the 6 different platforms wey I dey work with?

These issues would not exist if the banking system in this country was more favorable to us that work in these conditions

Yugoslavia247:
Man don cash out

12inchess:
I still find it largely interesting and ignorant for young Nigerians to devout their life savings to these "neo-yahoo yahoo" Fintech startups. There is still prudence in dealing with institutionalized banks like First Bank, GTB, Zenith etc. This Neo-Yahoo Yahoo Fintech startups in Nigeria are largely unregulated and nothing stops the CEO from cashing out with your funds to buy him a mansion in San Francisco while f**king San Francisco b**ches with your life savings. After Invictus Obi, una still never learn. The only Fintech company I even trust a little bit is Piggvest or Piggybank because they are supported by First Bank and the person in charge is from a well known family honorable family in Nigeria. But even Cecilia Ibru of Oceanic last last she still engaged in shady dealings. Anyway na una sabi. Just a word of advice, the day that girl comot for Piggvest make una comot your money from there ooo because enough wolves are already waiting in the sidelines to pounce on your funds.

Peacemaker5128:

may Favour Ori not labour in vain

Panelbeater:
Payday na scammer fintech. My dollars vamoose into the thin air on their Mastercard

motymop:
$15k per month salary as a founder in Africa.

So the founder earns $180k per annum

More than 171M naira per annum in personal salary.

He earns more than some CEOs in Nigeria that have revenue of 100M per year.

Payday has no revenue but the founder receives $180k per year

In 5 years that is around $900K

nlfpmod:


https://techcabal.com/2023/09/20/fintech-payday-is-looking-to-sell-months-after-3m-raise/

FalseProphet1:
The prophecy I got on this matter isn't very clear. Kindly bear with me.

This I have seen nothing.

franugo:


I'm confused...what exactly stopped you from opening uba dollar account and use that for your inflow?

Ignyte:


Lol. They don’t work for the platforms I work on. I get UBA and GT Bank dollar accounts.

Both don’t work.

motymop:
$15k per month salary as a founder in Africa.

So the founder earns $180k per annum

More than 171M naira per annum in personal salary.

He earns more than some CEOs in Nigeria that have revenue of 100M per year.

Payday has no revenue but the founder receives $180k per year

In 5 years that is around $900K

franugo:


What platform is that if i may ask?