Fintech platforms, OPay, Moniepoint, Kuda, Palmpay, and Paga, are to resume onboarding of new customers this week, following the lifting of a ban placed on same by the Central Bank of Nigeria (CBN).
The CBN had over a month ago, stopped them from registering new customers on their platforms, after it raised concerns that their accounts were being used for illicit foreign exchange transactions.
Announcing the development via a post on its X handle, OPay said:
“We are thrilled to announce that the Central Bank of Nigeria has given OPay the thumbs up to resume onboarding new users. This milestone highlights our dedication to following the rules, keeping your information safe and secure, and preventing any shady activities.”
Similarly, Kuda also said it was set to resume onboarding new customers this week.
“Based on the work we’ve done, we’ll resume signing up new customers this week. Please, note that you’ll need your BVN, NIN, and your proof of address (followed by address verification) to open a Tier 3 account,” it wrote.
