Payday raises $3 million Seed funding to drive product expansion
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
Benjamin Dada
What you need to know about Nigeria's $618M iDICE fund to invest in startups
The Nigerian government in collaboration with local and international partners have launched a $618 million fund to invest in the country's digital and creative industries.
Starlink's website recommends Payday for payments from Nigeria. So I tried it out.
I used my virtual dollar Mastercard from Payday to order for Starlink to Nigeria and the transaction was smooth.
An objective analysis of seven payment gateways in Nigeria
We compared seven payment gateways using five metrics to determine the best. The seven payment gateways are Interswitch Webpay, Paystack, Flutterwave, Remita, Seerbit, Fincra and Monnify.
National IDs are important for KYC, but frequent downtimes hinder their reliability, reports Smile Identity
In 2022, National ID databases in Africa experienced an average daily downtime of 6%, according to Smile Identity's KYC report. This frequent downtime hinders their reliability as a sole verification step in onboarding customers on the continent.
TeamApt's evolution from a tech provider to a startup doing over $14 billion TPV in a month
In this article, I examine TeamApt's evolution and draw parallels for how tech companies and startups typically operate.
BD Insider, Letter 145: USSD in Nigeria, M-Pesa in Kenya, who should pay?
Read our analysis on the Safaricom lawsuit by a Kenyan on M-Pesa charges, alongside our report on Ethiopia's internet shutdown woes and MTN Ghana's $773 million tax fine.