Grey

Nairametrics interviewed Sage Grey's managing director about shifting investor expectations for Nigerian startups seeking funding. The discussion highlights that having a solid product is no longer sufficient to attract capital, and founders must now demonstrate focused proof of traction rather than trying to showcase every aspect of their business at once. This reflects a broader tightening of investment criteria in Nigeria's startup ecosystem.

For consumers: as investors demand more rigorous proof of viability from startups, the fintech and tech products you rely on may become more stable and reliable, but new or unproven apps could struggle to secure funding and survive.

Grey

Benjamindada.com

3w ago

Inside the compliance sprint that reshaped Nigeria’s fintech sector

Nigeria successfully completed its anti-money laundering reform agenda and was removed from the FATF grey list in October 2025. Despite this milestone, the Central Bank of Nigeria continues to enforce strict compliance rules that shape how fintech companies operate. This reflects a broader push to strengthen oversight of digital financial services even after international scrutiny eased.

For consumers: fintech apps you use may still require thorough identity checks and documentation, as regulators keep close watch on the sector despite the country's improved global standing.

Grey

Grey, a cross-border payments company, has added support for direct payouts in Chinese Yuan, making it easier for African users to pay suppliers and partners in China. This move responds to the growing trade ties between Africa and China, where currency conversion hassles have often complicated transactions. By enabling CNY settlements, Grey aims to simplify cross-border commerce for businesses and individuals dealing with Chinese counterparts.

For consumers: if you import goods from China or pay Chinese vendors, this update means you can now send Yuan directly through Grey instead of relying on costly or complex currency workarounds.

Grey