The "bank of the free" is no more free

Episode 107 July 14, 2022 00:32:43
The "bank of the free" is no more free
Techpoint Africa Podcast
The "bank of the free" is no more free

Jul 14 2022 | 00:32:43

/

Hosted By

Chimgozirim Nwokoma Oluwanifemi Kolawole Bolu Abiodun

Show Notes

Today's podcast travelled through three countries: Nigeria, Togo, and Senegal. Although the last one could more correctly be tied to Francophone Africa, but let's not get into technicalities.

First on the list is Kuda, more popularly known as "the bank of the free", and its recent circular to customers informing them that they would start charging a ₦50 stamp duty charge on all deposits above ₦10,000. Understandably, Nigerians had quite a bit to say on this decision, and we did too.

Timestamps

04:38 - Kuda Bank introduces ₦50 stamp duty

13:24 - Togo's e-Visa platform

19:26 - Wave lays off 15% of its staff

Useful links

This episode was produced by Ogheneruemu Oneyibo

Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.

Other Episodes

Episode

October 14, 2021 00:01:45
Episode Cover

Newsbites: Mono’s $15m Series A

All stories mentioned: Mono’s $15 million funding https://techpoint.africa/2021/10/12/techpoint-digest-187/ Payday’s $1 million pre-seed https://techpoint.africa/2021/10/11/techpoint-digest-186/ Klasha’s $2.4 million raise https://techpoint.africa/2021/10/08/techpoint-digest-185/

Listen

Episode 141

November 03, 2022 00:55:51
Episode Cover

NITDA's new Code of Practice

This episode is also available on YouTube - https://youtu.be/BzD_uvywHREToday on the Techpoint Africa Podcast, we discuss some of the hot topics in the African...

Listen

Episode

June 16, 2022 00:34:23
Episode Cover

$34m to tackle crime in Kenya

This week has been an eventful one for the African tech ecosystem; from possible policies to CSI Miami-like moves, we had quite a bit...

Listen