Open Space, a Nigerian financial technology company, has launched new Ethical Finance products aimed at promoting inclusion, transparency and shared prosperity. The move comes as an Enhancing Financial Innovation and Access (EFInA) survey showed financial inclusion in Nigeria rose to 74% in 2023 from 56% in 2020, leaving about 26% of Nigerians financially excluded, according to Daily Trust. The company's products seek to help bridge this remaining gap.

A new fintech company called Open Space, focused on artificial intelligence and ethical or non-interest finance, has been launched in Nigeria, according to the Daily Post. The firm was unveiled in Abuja on Tuesday as part of efforts to deepen financial inclusion and make financial services more accessible to Nigerians and businesses. The company's chief executive officer spoke at the launch event, though further details of his remarks were not provided.

Nigerian outlet Daily Post profiles Zedcrest Group, describing how the firm built an integrated financial ecosystem spanning investment banking, asset management, stockbroking, credit provision and payments. Rather than operating in silos like traditional financial services, the Group argues that Africa's core financial challenge lies beyond mere availability of capital. The article presents Zedcrest's model as a coordinated approach to powering capital flows across the continent, connecting investors to markets through multiple complementary services.

Digital asset firm SpaceTrade has expanded its platform with the aim of making cryptocurrency more accessible, practical and relevant to everyday users. According to the firm, the move is intended to lower barriers to entry by giving users a place to buy and sell digital assets. SpaceTrade said it is working towards building an ecosystem where users can manage and move digital assets, though further details of the expansion were not fully disclosed.

The rebranding of Credable to _able highlights the importance of credit infrastructure in Africa, according to TechTrends KE. While consumers typically interact with familiar financial service brands like banks and fintechs, the underlying infrastructure remains largely unseen. The Dubai-based company believes that enhancing this infrastructure presents a significant opportunity for growth in the African financial services market.

eTranzact International Plc has enhanced financial inclusion in Ogun State by onboarding over 1,000 agents and deploying thousands of PocketMoni terminals, according to ThisDay Live.