Asaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America. Founded in 2016, Asaak offered motorcycle and sm
Read MoreAsaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America. Founded in 2016, Asaak offered motorcycle and sm
Read MoreAsaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America. Founded in 2016, Asaak offered motorcycle and sm
Read MoreTwiga Foods has let go of a third of its employees. Contrary to rumours, the company has not shut down its operations in Uganda. E-commerce food distr
Read MoreOn the back of successfully serving African migrants in Canada and the UK, LemFi has raised $33 million in Series A funding to simplify remittance pay
Read MoreCellulant is parting ways with 20% of its headcount as it focuses on becoming a product-driven company. Cellulant is undergoing a restructuring exerci
Read MoreMoniepoint, one of Nigeria’s biggest business banks, is moving into personal banking with the launch of a consumer app and debit card. Moniepoin
Read MoreFounders Factory Africa, an African early-stage startup accelerator and venture studio, has raised $114 million to fund African startups. The studio s
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MYDAWA has raised funds three times before, but the latest round marks its biggest fundraising event yet as it eyes to expand beyond East Africa. MYDA
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Digital bank Eyowo has denied the reports claiming that it is shutting down on June 27. The CEO and founder confirmed that instead, the firm is decomm
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Crypto startup Pillow which enabled users in Nigeria and Ghana to save and invest crypto assets ceases operations, cites regulatory climate as the rea
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Eyowo has restored interbank transfers for its users through a partnership with Providus bank. The fintech has also expressed interest in partnering w
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Nigerian Inter-Bank Settlement System (NIBSS), Nigeria’s largest payment infrastructure, has reduced the processing fee for transactions on its
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Tingo Group, a Nigerian Agri-Fintech, has seen its share price plummet by -55% on NASDAQ after Hindenburg Research announced that it had taken a short
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In May, Web3 startup, Mara fired its marketing team, months after laying off 50% of its staff. Sources claim that the most recent layoffs are unrelate
Read MoreEyowo has set Monday, June 12, 2023, as the new deadline for the resumption of interbank transfers. Meanwhile, the company is exploring alternative wa
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