Startups

South African fintechs Paymenow, TymeBank, Omnisient make FT’s Africa fastest-growing companies list

Three South African fintech startups, Paymenow, TymeBank, and Omnisient, have been named in the Financial Times (FT) Africa’s Fastest-Growing Companies…

1 month ago

10 African startups opening markets, cutting CO2 & seafarming no one’s talking about yet

Startups on Our Radar is a bi-weekly column that spotlights new startups across Africa taking unconventional approaches, filling fundamental gaps,…

1 month ago

Kenyan edtech Craydel expands to Rwanda, taps Nigerian talent in Pan-African push

Craydel, a Kenyan edtech that helps students apply to universities abroad, has launched in Rwanda and is expanding its Nigerian…

1 month ago

This South African AI-powered edtech helps students land top jobs

In a country grappling with about 32% unemployment rate and a drop in tech hiring activity due to a persistent…

1 month ago

“Everything is against you”: The first 1,000 days of PaidHR

At last year’s Moonshot event, I met Seye Bandele, CEO of Nigerian HR tech upstart PaidHR for the first time.…

1 month ago

CBN licences in Nigeria: types, costs & what fintechs should know

If you’re building a fintech startup in Nigeria, one of the first things you’ll need to figure out is this:…

1 month ago

South Africa’s SOLmate doubles users to 100,000 as eWallet surge drives growth

South African fintech startup SOLmate has doubled its active user base over the past year to about 100,000, driven by…

2 months ago

South Africa’s payments startup  Stitch raises $55 million Series B funding

Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing…

2 months ago

Paystack welcomes consumers to its ecosystem with Zap, a transfer app

Nine years ago, Shola Akinlade, Paystack’s CEO, bet on making online payments frictionless and that bet paid off with a…

3 months ago

Moniepoint, OPay, PalmPay responded to 2024 ban with better data collection and compliance

In 2024, Nigerian fintechs faced significant regulatory pressure, including fines and a six-week ban on onboarding new users due to…

5 months ago

SEO for Startups: How Startups Can Unlock Growth With SEO

SEO for startups can be overwhelming — but don’t let it keep you from getting started. Contrary to what you…

7 months ago

Nigerian healthtech startup MDaaS begins Francophone expansion with Cameroon

MDaaS, a healthcare startup with 16 diagnostic clinics in Nigeria, has opened its first clinic in Cameroon, marking its entry…

8 months ago

Nigerian fintechs ramp up compliance hiring months after customer onboarding ban

Kuda Bank, Moniepoint, OPay, and Palmpay have responded to the central bank’s April ban by expanding their compliance and fraud…

8 months ago

PaidHR in talks for $1.5million seed round; introduces new cross-border payroll

PaidHR, a Nigerian startup that helps businesses manage their HR functions, is in talks with investors to raise a $1.5…

8 months ago

Chowdeck “looking at” South Africa and Kenya for possible expansion

Chowdeck, a Nigerian YC-backed food delivery platform, could consider expanding to South Africa, Kenya, and Ivory Coast.  “We are still…

9 months ago

Okra joins local cloud providers providing affordable alternatives to AWS and Azure

Okra, an open-banking startup in Nigeria, has launched Nebula, a cloud infrastructure product. It joins a growing list of homegrown…

9 months ago

Uber-backed Moove takes its search for profitability to America

Moove, the Uber-backed Nigerian startup that finances vehicles for ride-hailing companies, is expanding operations to the U.S. Since August, the…

10 months ago

Kenyan e-commerce startup Chpter raises $1.2 million in pre-seed round

Chpter was accepted into two accelerator programs before closing this pre-seed deal.  Chpter, a Kenyan e-commerce startup launched by co-founders…

10 months ago

Electric motorcycle maker Ampersand raises $2 million to expand in East Africa

Ampersand, a Rwandan electric motorcycle manufacturer, has raised a $2 million Series A extension to expand to other East African…

10 months ago

End of load shedding tests South Africa’s solar industry

It’s been 151 days since South Africa experienced load shedding, a deliberate rationing of electricity supply to prevent failure of…

10 months ago