The Central Bank of Nigeria (CBN) has issued Traction, a MSME fintech platform, a 3-in-1 license to operate officially as a payment solution provider across various payment categories. This is one of the most recent licenses from CBN since 2022 and Traction is one of the first FINTECH’s to receive this 3-in-1 licence from CBN.…

Traction has reiterated its commitment to boost and reposition Small and Medium Enterprises (SMEs) for growth in 2023.

Traction has reiterated its commitment to boost and reposition Small and Medium Enterprises (SMEs) for growth in 2023 They emphasised on innovative strategies to explore in 2023 in overcoming the challenges lurking for business owners. This was at Traction’s quarterly business forum for business owners, themed “Positioning Your Business For Growth in 2023”, in Lagos.…

Africa's MSMEs growth firm, Traction, has partnered Triciabiz on a Youtube series to support African business ecosystem.  The Youtube series titled "How they did it", details the growth stories of African businesses and features entrepreneurs succeeding in various sectors while highlighting key lessons for business owners. The startup and business scene in Africa has experienced…

A growth partner for small and medium-scale businesses in Nigeria, Traction, has pledged to provide payment solution and business tools to support growth of entrepreneurs in Africa.

Traction in conjunction with Consonance Investments hosted a payments focused webinar themed “Navigating Retail Payments in Africa”, on Thursday, September 16 via zoom meetings. The speakers in the event included; Marcello Schermer, Head of Market Expansion, Yoco (leading South African merchant payment acquirer), Osahon Akpata, Head, Consumer Payments , Ecobank (bank with the largest footprint…