Startups - Content Krush

July 16, 20240150

A profitable union: How banking agents helped OPay and Moniepoint distribute 17 million cards

Nigerian neobanks and banking agents need each other. The agents are the neobanks’ branches; they open accounts, accept deposits, process withdrawals,

July 16, 20240141

Food delivery apps are saving $100,000 yearly by choosing cheap communication apps

Margins are slim in the food delivery business. Whether it’s a cloud kitchen like Food Court, a restaurant aggregator platform like Chowdeck, or a res

July 16, 2024075

Want your rice with a side of ads? Chowdeck is working on an ad product

For the rollout of Ayra Starr’s album ‘The Year I Turned 21,’ her record label Mavin made an unusual marketing choice: adverts on the food delivery a

July 9, 20240109

Mastercard Foundation conference spotlights Africa’s edtech startups

Investor interest in African education technology (edtech) has cooled since the end of the COVID-19 pandemic lockdowns highlighted how technology aids

July 5, 2024016

Exclusive: Caantin expands into US after two rebrands and layoffs

Caantin, the Kenyan startup that was formerly called Kibanda and then TopUpMama, has led many lives. Backed by Ventures Platform and DFS Labs, Kibanda

July 5, 2024021

Kenyan AI startup Chpter joins Safaricom’s Spark Accelerator

Chpter, a Kenyan AI-powered social commerce startup, has joined Safaricom’s Spark Accelerator, alongside eight others. Chpter is the first key s

July 5, 2024012

Flutterwave receives payment aggregator licence approval-in-principle to expand to Mozambique

Flutterwave, one of Africa’s leading payment companies, has secured a Mozambique payment aggregator licence in principle. This high-profile lice

July 5, 2024031

Peleza merges with YC-backed Prembly to form Prembly Group

Kenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide the specifi

July 5, 2024033

Nigerian fintech startups could spend over $1 million on KYC address verification

Following important changes to Know Your Customer processes by the Central Bank, fintech startups must now physically verify the addresses of POS agen

July 5, 2024017

As it enters its third year, e-commerce enabler Sabi creates a lane of its own

In business, comparisons and generalizations are common and useful, but sometimes they ignore complexities. So with those generalizations aside, here&

July 5, 2024014

Kenya data analytics startup Gro Intelligence shuts down

Months after the board of the agricultural data platform Gro Intelligence replaced CEO and founder Sara Menker, the New York and Nairobi-based company

May 17, 2024017

Spiro secures $50m debt funding from Afreximbank to expand electric vehicles in Africa

Spiro, an India-based electric vehicle company, has signed a $50 million debt financing deal with Afreximbank to expand its offering in its existing m

May 7, 2024029

Chipper Cash resumes US operations two months after pausing services

Chipper Cash, a pan-African fintech startup, has resumed operations in the US after a two-month pause, and after a restructuring exercise that saw the

May 7, 2024032

Identity company, Seamfix, raises $4.5 million in first funding round to expand outside Nigeria

Seamfix, a 17-year-old identity solutions company, has raised $4.5 million in funding from Alitheia IDF, its first institutional investor as it l

May 2, 2024034

Wave is Africa’s only startup on Y-Combinator’s list of top earners

For the second year running, Francophone fintech Wave is the only African company listed on Y-Combinator’s top 50 earning startups in 2024. The

April 30, 2024046

Exclusive: BuuPass acquires QuickBus, a bus ticketing platform, in a cash and stock deal

BuuPass, a Kenyan travel booking platform backed by Founders Factory Africa and FrontEnd Ventures, has acquired its Nigeria and South Africa-based com

April 29, 2024046

Exclusive: CBN directs four fintechs to stop onboarding new customers

Kuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank of Nigeria after the

April 22, 2024036

Exclusive: The Peer will return $350,000 to investors after shutting down

When The Peer, a Nigeria-based API startup, shut down in April, the business still had up to twenty months of runway. The shutdown, which its founders

April 9, 2024051

Who calls the shots at Susa Ventures-backed Okra?

Okra, an open finance startup, is one of the few Nigerian API services that provides real-time access to financial data. The startup has raised a tota

April 3, 2024049

Roam secures financing deal with Mogo to grow electric motorcycle adoption

Roam, a Kenyan-based electric mobility company, has secured a partnership with Mogo, an asset financier in East Africa, to boost the adoption of elect