MICROCAPITAL BRIEF: Airtel Africa Establishes Smartcash Payment Service Bank to Offer Payments, Remittances, Deposit to Individuals, Enterprises in Nigeria

Airtel Africa, a UK-based mobile money company active in Africa, recently launched Smartcash Payment Service Bank (PSB), to expand the range of financial services it offers in Nigeria. The move follows Airtel Africa having received a “super-agent” licence from the Central Bank of Nigeria, enabling the company to