Luno Nigeria has launched a new platform allowing users to buy and sell tokenized fractional shares of global companies like Apple and Tesla using the local currency, Naira. This initiative aims to democratize access to the US stock market for Nigerians, bypassing typical international investment barriers.

• Less than 5 percent of Nigeria's adult population participates in capital markets, despite a 74 percent financial inclusion rate.
• Ayotunde Alabi, CEO of Luno Nigeria, stated the goal is to give millions of Nigerians a "genuine chance to invest in the same world-leading companies."
• The service first rolled out in South Africa in July, attracting over 10,000 investors in its first month.

Verto has launched the Atlas Suite, an embedded finance product designed to simplify cross-border payments for various financial entities. This solution aims to address the challenges of fragmented financial systems and high FX volatility in African markets.

• The Atlas Suite offers a single API integration for banking, foreign exchange (FX), and payment services.
• Ola Oyetayo, CEO and co-founder of Verto, highlighted the suite's role in eliminating hurdles for businesses scaling operations in Africa.
• The suite includes three core offerings: Atlas for Fintechs, Atlas for Platforms, and White Label Broker Services, with Kenya's Triply already integrating Atlas for multi-currency payments.