Kehinde heaved a sigh of relief, she had just paid off a micro loan of N30, 000 spread over a three month payment period at over 20 percent interest rate per month with Carbon (formerly Paylater), a Fintech Company. Seven days afterwards, she got this message from KwiMoney, another Fintech Compan
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Stephen Onyekwelu is BusinessDay’s Strategy & Enterprise Delivery Executive, specialising in turning editorial vision into enterprise outcomes. A former Online News Editor and lead of the Go Local initiative (print, podcast & BDTV in partnership with Providus Bank), he blends investigative storytelling with platform strategy, conference design, and cross-functional delivery.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp