Sparkle, a Nigerian digital platform for financial, lifestyle and business support services has officially launched to the public after being granted a banking license from the Central Bank of Nigeria (CBN). Sparkle, which offers flexible payments, savings and analytics to users to provide greater freedom, flexibility and control over finances ...
Jamborow, a new Blockchain-based B2B fintech platform has raised $400,000 to launch in Nigeria and offer unmatched financial services to the unbanked in Africa's biggest economy, then spread across Africa. Jamborow, a brainchild of Moses Onitilo, John Kamara, and Olusegun George raised the $400,000 from its shareholders and is poised to close a ...
Middletrust.com, an escrow platform, has launched to help secure Nigerians against online fraud as COVID-19 pushes the world to turn to e-commerce from the safety of their homes. Middletrust.com, with a $5,000 pre-seed investment from an undisclosed source, is using proprietary escrow technology and processes to help unsuspecting Nigerians who ...
Deezer, the global music streaming service has revealed Africa’s most-streamed artists and Nigerian great Burna Boy tops the list in sub-Saharan Africa. Deezer revealed the top streamed artists in Africa in celebration of Africa Day coming up on 25 May. Though music fans in Africa love global icons such as ...
Okra, Africa’s first API fintech “super-connector” has raised $1m from TLcom Capital in pre-seed fundraise to build the infrastructure for Africa’s next wave of fintech innovation. Okra says it will use the funds to scale its team and operations as it caters to its growing client base for its API ...
Binance has today announced Bundle, a social payments app for cash and crypto in Nigeria founded by Yele Bademosi, a former director at Binance Labs. Bundle, backed by Binance, allows users to request, send and receive cash or crypto from their peers. Users can buy, sell and store digital currencies ...
Stears, a Nigerian financial news and data startup providing audiences and organisations with accurate, unbiased and digitised information on economic and business has raised $600,000 from Omidyar Network's Luminate to fuel growth in Africa's biggest economy and most populous country. Stears sources data and information from various sources locally and ...
iHub Director Nekesa Were has been appointed AfriLabs Interim Executive Director after a career spanning over 10 years in the African tech ecosystem. Nekesa is the immediate former Managing Director of iHub Nairobi and was a Board Member of AfriLabs. She replaces Anna Ekeledo who is on maternity leave till ...
Carbon, Nigeria’s digital financial services firm, has partnered with insurance giant AXA Mansard, to enter the lucrative health insurance sector. Carbon says the new deal will allow customers who can save a minimum of N3,000 monthly to qualify for a N20,000 cash benefit in the event that they are hospitalised ...
Binance, one of the leading global cryptocurrency exchange, has recently announced the launch of peer-to-peer (P2P) trading services for the Nigerian Naira (NGN), providing an open platform for users to trade cryptocurrencies using NGN with zero transaction fees. Nigeria has become the first African fiat currency supported on Binance P2P ...
Co-creation Hub (CcHUB), Nigeria's innovation center has acquired its Kenyan counterpart, iHub for an undisclosed amount in a pan-African expansion move. Co-Creation Hub says the deal is part of its mission to help innovations from Africa on the global map as well as help local startups expand to Nigeria or ...
Kuda, Nigeria's digital-only bank has raised $1.6 million to simplify money management, spending and saving. The $1.6 million pre-seed investment funding was raised from Startupbootcamp, Haresh Aswani of the Tolaram Group, Ragnar Meitern (an early investor in Monese and Bolt) and other angel investors. "We’ll use this money to launch out of beta later ...
Itanna accelerator has launched the second edition of its accelerator and investment programme and will invest $30,000 into each startup after the programme. Itana, an arm of Honeywell Group operates from the Enterprise Factory located in Iganmu, Lagos with workspaces, offices, meeting rooms and a conference space where startups will ...
Cars45, a Nigerian automotive trading platform, has launched a Premium Inspection service to create convenience for its customers and reach more users and grow its revenues. The new service allows Cars45 to reach individuals who are unable to visit any of its inspection centers but would still like to use ...
Palladium, a global consultancy, is raising $40m for off-grid solar and agribusiness startups operating in Kenya, Ghana and Nigeria. Dubbed the “Palladium Impact Fund I”, the fund is expected to provide much-needed capital for agribusiness value chains and off-grid clean energy ventures in Nigeria, Ghana and Kenya to alleviate poverty ...
Opay, Opera's Africa's focused payments and everything platform has added OTrike, a tricycle hailing service to its portfolio, as it moves to become Africa's biggest super-app. Use cases for its payments platform and data collection OTrike comes just a few months after Opay launched ORide in Nigeria in a move ...
iSabiDeliver, an online on-demand delivery service based in Abuja and Ibadan is ramping up its operations to expand to more cities in Nigeria. The on-demand delivery platform doing food delivery, parcels, items or errands for both individuals and companies allows users to book a pickup or delivery via an Android ...
In Nigeria and Africa at large, there is a huge disconnect between learners' academic qualifications and the skills needed to accomplish tasks in the workplace. Significant reforms are therefore required to revamp the education system to match skills needed in the workforce especially in Nigeria where over 43% of its ...
Alipay, an Alibaba-owned mobile payments processor has partnered with Flutterwave, a pan-African payments firm located in SF and Lagos, Nigeria, in a move that will see Alipay link its 1 billion users to Flutterwave merchants in Africa. China wants the whole of Africa and payments matter a lot. The Chinese ...
WiSolar, a Solar-as-a- Service product in Nigeria and South Africa is seeking to raise $40m to launch its products in Nigeria and South Africa. The Gauteng-based firm will be rolling out its prepaid decentralized solar electricity (Solar-as-a-Service) for mass adoption in communities that currently in South Africa and Nigeria that ...
MDaaS Global, a Nigerian tech-enabled diagnostic firm has raised $1 million seed funding to scale in Nigeria and replicate its innovative diagnostic center business model in West Africa over the next five years. The funding round was led by Consonance Investment Managers, with participation from Techstars and FINCA Ventures and ...
Flutterwave, the Nigerian payments firm that recently raised over $10m in funding for expansion has partnered with RippleNet, a global payments network which makes it easy to connect and transact across its robust network of 100+ banks and payment providers worldwide to provide the infrastructure for a unified payment solution ...
Nigeria Customs is among the first organizations that have taken up Oracle's newly launched Blockchain Cloud Service promising organizations to easily build blockchain networks to drive more secure and efficient transactions and to track goods through supply chains on a global scale. According to Aber T Benjamin, Assistant Comptroller General Modernization, Nigeria ...
Mart.NG, an online supermarket and grocery delivery service has launched to offer consumers, personal and convenient online grocery shopping experience in Abuja, Nigeria promising to deliver the best and fresh products at the most affordable prices, in under 59 minutes. According to Frank Umeadi, Co-founder & CEO, Mart.NG., "Mart.ng wants to offer ...
In a move to its users the freedom to send money whenever they want and how they want, this remittance firm, which has been operating in Nigeria for the last five years, and launched remittance to Kenya in 2014, has raised $20m Series C to simplify sending money to Ghana, ...
Nigerian-based logistics startup Kobo360 has raised $1.2 million in pre-seed funding round soon after being accepted into the YCombinator class of 2018. The round was led by Western Technology Investment and Nigeria’s Verod Capital Management. Kobo360 has developed an Uber-like app that connects Nigerian truckers to companies with freight needs. ...
Cartehub, a multi-merchant online marketplace for the best varieties of food, farmers market, organic products, handmade items, crafts, arts plus the best and most convenient laundry and dry cleaning services in the African market is focused on helping its customers find fulfillment using technology to enrich their ways of life. Founded ...
Zoto started off as a mobile recharge platform for the 70 million mobile internet users in Nigeria. Over the last 2 year they have launched categories like electricity, TV, Broadband, Betting, movie bookings & mobile data. In near future they are planning to introduce more categories to improve existing user ...
Fedironics Intelligent Metering Company is a smart metering company founded and incorporated in 2016. At Fedironics they believe that everyone has a personal power and that access to electricity is key to unleashing this power for the good of humanity. Fedironics provides iMeter, a smart and affordable electricity meter designed ...
eTranzact International PLC, an e-payments solution provider, on Monday May 21, 2018, announced it had fired Mr. Valentine Obi with immediate effect. Mr Obi, will step down as the Managing Director of the Company and will be replaced by Mr. Niyi Toluwalope in acting capacity. eTranzact says it's aware of ...
