{"id":365230,"date":"2026-01-30T17:30:20","date_gmt":"2026-01-30T16:30:20","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=365230"},"modified":"2026-01-30T17:30:20","modified_gmt":"2026-01-30T16:30:20","slug":"what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/","title":{"rendered":"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers"},"content":{"rendered":"

As the banking sector continues to witness the proliferation of fintechs and the astronomical growth in their operations and contributions to payment services, digital lending and e-commerce, the Central Bank of Nigeria<\/a> has stepped in to align their growth and operational expansion with regulatory compliance and oversight.<\/p>\n

To this end, the apex earlier in the week announced that the licenses of selected major FinTechs and Microfinance Banks (MFBs) with nationwide operations will be upgraded to national status. The Director of the Other Financial Institutions Supervision Department (OFISD) at the CBN, Yemi Solaja, announced the development in Lagos.<\/p>\n

The elevation of fintechs and MFBs to national status aims to synergise licensing requirements with their actual operational structure, as their services now span across Nigeria, ensuring proper regulatory oversight.<\/p>\n

Solaja, who made the disclosure during the just concluded annual conference of the Committee of Heads of Banks\u2019 Operations (CHBOs) in Lagos, implored Commercial Banks and Fintechs to work together to address the challenges of cash outside formal banking channels, and the adoption of \u201cDigital-First\u201d banking operations.<\/p>\n

Solaja stated that the CBN observed a growing discrepancy between the limited licences held by some FinTechs and their actual nationwide presence, adding that the decision of many of the digital lenders and payment service banks to expand their operations beyond the geographical limits their original licences permit, prompted the regulators to officially update their licences to reflect national operational status.<\/p>\n

Under the updated regulatory framework, major players including Moniepoint Microfinance Bank, OPay, Kuda Bank and other fintechs now hold national licences, granting them approval to operate across Nigeria rather than within restricted regions. It is pertinent to note that despite the upgrade in geographical reach and operational liberty, fintechs and MFBs are still largely distinct from conventional commercial banks in scope and operations. The upgrade does not make them deposit money in banks and is still limited to services permitted under their licence categories.<\/p>\n

Here is what CBN\u2019s National Licence Upgrade means for fintechs, MFBs and their customers<\/p>\n

1. Nationwide operations are now ratified<\/p>\n

The national licence effectively removes geographical limitations and now allows fintechs and microfinance banks to operate legally across state lines, removing previous regional or state-level bottlenecks.<\/p>\n

2. Stronger regulatory oversight<\/p>\n

The licence upgrade closes a regulatory loophole by bringing fast-growing fintechs fully under CBN control, with stricter and closer monitoring of operations nationwide.<\/p>\n

3. Recapitalisation and higher compliance standards<\/p>\n

National microfinance banks must now maintain a minimum capital base of about \u20a65 billion, alongside stricter reporting, governance and risk-management requirements<\/p>\n

4. Physical presence is mandatory
\nLicensed institutions are required to establish physical branches or service centres in key locations, improving access for customers who need in-person support.<\/p>\n

5. Improved consumer protection and dispute resolution<\/p>\n

Expanded oversight and physical outlets are expected to enhance complaint handling, transaction reversals and customer redress mechanisms.<\/p>\n

6. Agent banking networks will expand<\/p>\n

Approval of national operations allows firms to build agent networks across Nigeria, increasing access to cash-in, cash-out and payment services, especially in farflung underserved areas.<\/p>\n

7. Boost for financial inclusion and rural economies<\/p>\n

The move will also boost, enhance and quicken the materialisation of the CBN\u2019s cashless and financial inclusion goal, improving access to digital payments, savings and credit for rural communities and informal workers.<\/p>\n

8. Rising operational costs for affected fintechs and MFBs<\/p>\n

The affected digital lenders and payment service banks are expected to incur more operational and overhead costs. Maintaining nationwide infrastructure, compliance teams and physical outlets is expected to increase operating expenses for affected firms.<\/p>\n

9. Pressure on smaller fintechs<\/p>\n

Higher capital demands and compliance requirements may put additional burden on smaller players, potentially leading to mergers, acquisition or market consolidation.<\/p>\n

10. Greater focus on data protection and cybersecurity<\/p>\n

As operations scale nationally, regulators are expected to intensify scrutiny of data privacy, cybersecurity and customer information protection.<\/p>\n

11. Increased competition for traditional banks<\/p>\n

Commercial banks may face stronger competition in retail payments and SME services, particularly where fintech agents are more accessible than bank branches.<\/p>\n

12. Stricter penalties for regulatory breaches
\nNational licence holders face tougher sanctions for violations, including fines, operational restrictions or licence withdrawal.<\/p>\n

14. Higher transparency expectations
\nThe CBN will require more frequent disclosures, audits and performance reports to monitor financial stability risks.<\/p>\n

15. Potential boost to investor confidence
\nNational regulatory approval may strengthen investor trust in Nigeria\u2019s fintech sector and attract additional local and foreign investment<\/p>\n","protected":false},"excerpt":{"rendered":"

As the banking sector continues to witness the proliferation of fintechs and the astronomical growth in their operations and contributions to payment services, digital lending and e-commerce, the Central Bank of Nigeria has stepped in to align their growth and operational expansion with regulatory compliance and oversight. To this end, the apex earlier in the […]<\/p>\n","protected":false},"author":39,"featured_media":361151,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[658,56399,72164,44427],"class_list":["post-365230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-cbn","tag-kuda","tag-moniepoint","tag-opay"],"yoast_head":"\nWhat CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers\" \/>\n<meta property=\"og:description\" content=\"As the banking sector continues to witness the proliferation of fintechs and the astronomical growth in their operations and contributions to payment\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-30T16:30:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2025\/07\/cbn.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"371\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Afolabi Hakim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Afolabihakim\" \/>\n<meta name=\"twitter:site\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Afolabi Hakim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/\"},\"author\":{\"name\":\"Afolabi Hakim\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/11c3572b598054b7529a9e48ca435c27\"},\"headline\":\"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers\",\"datePublished\":\"2026-01-30T16:30:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/\"},\"wordCount\":734,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2025\\\/07\\\/cbn.jpg\",\"keywords\":[\"CBN\",\"Kuda\",\"Moniepoint\",\"Opay\"],\"articleSection\":[\"National\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/\",\"name\":\"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2025\\\/07\\\/cbn.jpg\",\"datePublished\":\"2026-01-30T16:30:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2025\\\/07\\\/cbn.jpg\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2025\\\/07\\\/cbn.jpg\",\"width\":650,\"height\":371},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2026\\\/01\\\/30\\\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"name\":\"NEWS\",\"description\":\"Latest & Trending Nigeria News, Entertainment, Sports\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\",\"name\":\"WITHN NIGERIA MEDIA LIMITED\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"width\":750,\"height\":500,\"caption\":\"WITHN NIGERIA MEDIA LIMITED\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/withinnigeria\",\"https:\\\/\\\/x.com\\\/withinnigeria\",\"https:\\\/\\\/www.instagram.com\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCo0qw0SqhKNTsQQM48FpdTA\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/11c3572b598054b7529a9e48ca435c27\",\"name\":\"Afolabi Hakim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d6cc8a27183da7a58906a5c50abff09673ac4c88f93d4406aed72817df5aa6a9?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d6cc8a27183da7a58906a5c50abff09673ac4c88f93d4406aed72817df5aa6a9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d6cc8a27183da7a58906a5c50abff09673ac4c88f93d4406aed72817df5aa6a9?s=96&d=mm&r=g\",\"caption\":\"Afolabi Hakim\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/@Afolabihakim\"],\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/author\\\/afolabi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/","og_locale":"en_GB","og_type":"article","og_title":"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers","og_description":"As the banking sector continues to witness the proliferation of fintechs and the astronomical growth in their operations and contributions to payment","og_url":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/","og_site_name":"NEWS PICKS \u2014 WITHIN NIGERIA","article_publisher":"https:\/\/facebook.com\/withinnigeria","article_published_time":"2026-01-30T16:30:20+00:00","og_image":[{"width":650,"height":371,"url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2025\/07\/cbn.jpg","type":"image\/jpeg"}],"author":"Afolabi Hakim","twitter_card":"summary_large_image","twitter_creator":"@Afolabihakim","twitter_site":"@withinnigeria","twitter_misc":{"Written by":"Afolabi Hakim","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#article","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/"},"author":{"name":"Afolabi Hakim","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/11c3572b598054b7529a9e48ca435c27"},"headline":"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers","datePublished":"2026-01-30T16:30:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/"},"wordCount":734,"commentCount":0,"publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2025\/07\/cbn.jpg","keywords":["CBN","Kuda","Moniepoint","Opay"],"articleSection":["National"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/","url":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/","name":"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#primaryimage"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2025\/07\/cbn.jpg","datePublished":"2026-01-30T16:30:20+00:00","breadcrumb":{"@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#primaryimage","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2025\/07\/cbn.jpg","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2025\/07\/cbn.jpg","width":650,"height":371},{"@type":"BreadcrumbList","@id":"https:\/\/www.withinnigeria.com\/news\/2026\/01\/30\/what-cbn-upgrading-of-opay-kuda-moniepoint-others-to-national-entities-means-for-fintechs-and-their-customers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.withinnigeria.com\/news\/"},{"@type":"ListItem","position":2,"name":"What CBN upgrading of Opay, Kuda, Moniepoint, others to national entities means for fintechs and their customers"}]},{"@type":"WebSite","@id":"https:\/\/www.withinnigeria.com\/news\/#website","url":"https:\/\/www.withinnigeria.com\/news\/","name":"NEWS","description":"Latest & Trending Nigeria News, Entertainment, Sports","publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.withinnigeria.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.withinnigeria.com\/news\/#organization","name":"WITHN NIGERIA MEDIA LIMITED","url":"https:\/\/www.withinnigeria.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","width":750,"height":500,"caption":"WITHN NIGERIA MEDIA LIMITED"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/withinnigeria","https:\/\/x.com\/withinnigeria","https:\/\/www.instagram.com\/withinnigeria\/","https:\/\/www.linkedin.com\/company\/withinnigeria\/","https:\/\/www.youtube.com\/channel\/UCo0qw0SqhKNTsQQM48FpdTA"]},{"@type":"Person","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/11c3572b598054b7529a9e48ca435c27","name":"Afolabi Hakim","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/d6cc8a27183da7a58906a5c50abff09673ac4c88f93d4406aed72817df5aa6a9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d6cc8a27183da7a58906a5c50abff09673ac4c88f93d4406aed72817df5aa6a9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d6cc8a27183da7a58906a5c50abff09673ac4c88f93d4406aed72817df5aa6a9?s=96&d=mm&r=g","caption":"Afolabi Hakim"},"sameAs":["https:\/\/x.com\/@Afolabihakim"],"url":"https:\/\/www.withinnigeria.com\/news\/author\/afolabi\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/365230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/comments?post=365230"}],"version-history":[{"count":1,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/365230\/revisions"}],"predecessor-version":[{"id":365231,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/365230\/revisions\/365231"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media\/361151"}],"wp:attachment":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media?parent=365230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/categories?post=365230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/tags?post=365230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}