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.
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.
I used my virtual dollar Mastercard from Payday to order for Starlink to Nigeria and the transaction was smooth.
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.
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.
In this article, I examine TeamApt's evolution and draw parallels for how tech companies and startups typically operate.
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.