* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 23, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Defence Holdings PLC Transitions from Esports to Pioneering Defence Technology

    Bull of the Day: Credo Technology Group (CRDO) – Yahoo Finance

    Bull of the Day: Why Credo Technology Group (CRDO) Is Poised for a Breakout

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Defence Holdings PLC Transitions from Esports to Pioneering Defence Technology

    Bull of the Day: Credo Technology Group (CRDO) – Yahoo Finance

    Bull of the Day: Why Credo Technology Group (CRDO) Is Poised for a Breakout

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Google Cloud  and Moniepoint partner to boost access to financial services for underbanked businesses in Nigeria

June 19, 2023
in Technology
Google Cloud  and Moniepoint partner to boost access to financial services for  underbanked businesses in Nigeria
Share on FacebookShare on Twitter

Google Cloud has collaborated with Moniepoint, an Africa-focused business banking platform that provides financial services to Nigeria’s underbanked businesses residing in remote areas and communities.

You Might Be Interested In

The collaboration  aims to make financial services accessible at scale to millions of small and medium sized enterprises (SMEs) by bridging the banking gap in suburban locations. 

Felix Ike, Chief Technology Officer, Moniepoint, said:“Google Cloud has been a key enabler in fueling Moniepoint’s growth journey from day one, as we expanded from a small business to become a licensed business bank that caters to 1.3 million businesses across Nigeria today. Our development team is empowered with the latest technology to process financial transactions quickly and move fast with requests as Google Cloud technologies are easy to deploy. With Google Cloud’s scalable infrastructure we are confident that we can grow our customer base exponentially to cater to three million customers in the coming 18 months as we expand our footprint across Africa.”

According to Statista, there are over 41 million micro-businesses in Nigeria. Enabling these businesses to accept payments digitally is crucial to their success.

As Moniepoint pivoted into consumer facing products designed to digitise these businesses and gear them to success, the company turned to Google Cloud’s scalable cloud infrastructure to help achieve this mission.

Google Cloud’s scalable infrastructure provides Moniepoint with low-latency internet access that helps the company deliver efficient banking services to its customers without them encountering any lag when using the platform.

 This in turn enables Moniepoint to succeed in making its banking services accessible to Nigeria’s remote towns and communities where access to internet connectivity poses challenges to businesses that operate outside Nigeria’s commercial hubs—where mainstream banking is more accessible. 

Also, as a result of Google Cloud’s ease of use, Moniepoint was able to double down its customer base and grow it from 300,000 small and medium-sized businesses at the start of 2022, to 1.3 million businesses today.

These businesses now rely on Moniepoint’s payments application to process financial transactions and accept payments for their services. 

Managing an average of 200,000 financial requests per minute, Moniepoint established through a hybrid cloud strategy part of its payments application on Cloud Spanner that relies on Google Cloud’s scalable infrastructure.

 The application keeps record of all the financial transactions and requests that are processed by Moniepoint and is built to handle planet-size volume of transactions. With Moniepoint poised for bigger growth—as the company anticipates supporting more than 500 percent of its current workload—the application is ready to scale to process 300 million transactions on a monthly basis.

The company also leverages Google Kubernetes Engine to scale the volume of transactional requests that are processed such as payment transactions and accounting ledgers.

Moniepoint boosted the volume of requests processed per workload from 1,000 to 4,000 requests per minute, enabling the business to turn around customer requests very quickly and seamlessly.

Niral Patel, Director, Google Cloud Africa, added:“Nigeria’s Inter-Bank Settlement System (NIBSS) revealed that 50 percent of Nigeria’s 207 million adult population is currently underbanked. Moniepoint is a unique business model established to positively impact the livelihood of people by providing SMEs with access to banking services. The company has successfully grown from a small to a large-scale business by capitalizing on Google Cloud’s cost-effective cloud solutions that have enabled the automation of its manual processes. Banking and financial services can be a process-heavy domain, but with Google Cloud’s infrastructure, the team at Moniepoint has automated transactional processes that would take up to eight hours into 10 minutes. This has translated into growing the volume of customers relying on Moniepoint, as more businesses become confident in its seamless and secure services.” 

You Might Be Interested In

Related

Read More

Tags: cloudGoogletechnology
Previous Post

Binance distances from Binance Nigeria Limited, says they are not affilliated

Next Post

Talstack raises $850,000 in pre-seed funding to enable training of Africa’s workforce

Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

July 23, 2025
M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

July 23, 2025
Heat wave causing myriad problems for Lake Erie’s ecology – Toledo Blade

Scorching Heat Wave Triggers Major Ecological Crisis in Lake Erie

July 23, 2025
Put the Phone Down, Kid. Science Says So. – 105.7 WROR

Why You Should Tell Your Kid to Put the Phone Down-Science Has Spoken

July 23, 2025
CRISPR uncovers gene that supercharges vitamin D—and stops tumors in their tracks – ScienceDaily

CRISPR Uncovers Gene That Supercharges Vitamin D and Stops Tumor Growth

July 23, 2025
Equity LifeStyle Properties Inc reports results for the quarter ended June 30 – Earnings Summary – TradingView

Equity LifeStyle Properties Inc Reports Impressive Q2 Earnings for June 30

July 23, 2025
The Ukraine war will shape the world – Financial Times

How the Ukraine War Is Shaping the Future of Our World

July 23, 2025
7 of the Best Freebies You Can Get in Economy—Meals, Alcoholic Drinks, and Toys Included – Yahoo Home

7 of the Best Freebies You Can Get in Economy—Meals, Alcoholic Drinks, and Toys Included – Yahoo Home

July 23, 2025
Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

July 23, 2025
Opinion | U.S. Global Health Aid Is an Exemplar of Efficiency – The Wall Street Journal

How U.S. Global Health Aid Leads the Way in Efficiency and Impact

July 23, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (735)
  • Economy (758)
  • Entertainment (21,642)
  • General (16,058)
  • Health (9,796)
  • Lifestyle (766)
  • News (22,149)
  • People (760)
  • Politics (767)
  • Science (15,975)
  • Sports (21,256)
  • Technology (15,741)
  • World (741)

Recent News

Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

July 23, 2025
M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

July 23, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version