African startups' participation at the Money20/20 USA event
Meet 10 African startups attending Money20/20 next month in Las Vegas, USA
Benjamin Dada
Wise enables local payouts to Nigeria for the nth time
Wise (formerly TransferWise) is restarting naira transfers to Nigeria for the third time after a two year pause. This time it will have to compete with other local and well-funded players like LemFi and Flutterwave $end.
Stripe to soon allow US retailers to sell directly to Nigerians
Without the merchant having to set-up a local entity in Nigeria
On NDIC's disbursement of ₦650 bn to 2.3 million insured Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has begun paying out the trapped funds of depositors at the now-defunct Heritage Bank.
On June 3, 2024, the Central Bank of Nigeria revoked the banking licence of Heritage Bank PLC (Heritage Bank) for contravening Section 12 (1) of the BOFIA 2020 constituting a
CcHUB announces market expansion program for growth-stage startups in Africa
CcHUB announces market entry program, "Let's Build, Africa" for growth-stage African startups to expand across the continent.
Nigeria stakes claim in Bay Area with Startup House
Nigeria has announced plans to launch a Startup House in the San Francisco Bay Area to drive investment and boost the visibility of the country's startup ecosystem.
Thepeer, a startup facilitating inter-wallet operability in Africa is shutting down
Three-year-old seed-stage African API fintech, Thepeer is shutting down after raising nearly $2.5 million in funding.