Startups - Content Krush

July 5, 20240207

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, 20240121

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, 20240122

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, 20240115

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, 20240146

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, 20240133

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, 20240159

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, 20240149

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, 20240153

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, 20240144

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, 20240161

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, 20240166

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

April 3, 20240154

Who calls the shots at Sycamore?

Sycamore, a Nigerian fintech startup, offers loans for individuals and businesses, including salary and business loans. It also enables users to lend

April 2, 20240169

Who calls the shots at the Tiger Global-backed Bamboo?

Bamboo is a Tiger Global-backed Nigerian investment startup that enables users to buy and trade US stocks in real-time from their mobile phones or com

March 30, 20240157

Who calls the shots at women-focused startup Herconomy?

Since its founding in 2021, Herconomy claims to have amassed over 10,000 active users. The startup is not just a female-led fintech but also a communi

March 26, 20240156

Who calls the shots at TechStars-backed GetEquity?

GetEquity describes itself as a marketplace for investment products provided by investment managers globally. The TechStars-backed startup lets users

March 21, 20240153

Execution is King: How to avoid the top culprit of startup failure

This article was contributed to TechCabal by Catherine Young. Strategy sets the course for startups, but without team alignment and pragmatic action,

March 18, 20240195

Nigerian neobank Kuda eyes global reach with new licenses

Kuda Microfinance Bank, the Target Global-backed neobank, has secured payment licences in Tanzania and Canada as part of an expansion drive across Afr

March 14, 20240167

Flutterwave appoints former CBN director as board chair

Flutterwave, Africa’s most valuable startup, has appointed Dipo Fatokun, a former director at the Central Bank of Nigeria (CBN), as its new boar

March 14, 20240149

GITEX Africa wants 100 Nigerian startups to exhibit in Morocco

The Gulf Information Technology Exhibition (GITEX) wants to bring about 100 Nigerian companies to Marrakech, Morocco where the second edition of the e