Traction raises $6M seed as Nigeria’s merchant acquiring space continues to heat up

Traction raises $6M seed as Nigeria’s merchant acquiring space continues to heat up

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Micro, small, and medium-sized firms (MSMEs) constitute the backbone of the Nigerian economy, accounting for more than 60% of GDP growth and playing a crucial role in job creation. According to the National Bureau of Statistics, there are over 39 million such firms, and 87% operate informally,…

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