Feb 5, 2026

#26 PayPal returns to Nigeria after 20 years: Opportunity or Exploitation?

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Is PayPal’s return to Nigeria a little too late? In this episode, we discuss PayPal’s return to Nigeria after two decades, a comeback that has been met with more scepticism than celebration due to PayPal’s sour history with many Nigerians, especially freelancers and digital entrepreneurs.

Plus, Kenya’s central bank is sounding the alarm that the nation’s financial stability now rests on a single mobile money platform, M-Pesa. What risks does this level of dependence create, and how prepared is the system for disruption?

Other interesting stories in this episode:

- Paystack buys a microfinance bank to move beyond payments.

- Flutterwave acquires Mono in a rumoured $40M deal.

- Nigerian mobility startup MAX secures $24M after achieving profitability

- Andela acquires Woven to scale AI-fluent engineering

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