News TeamApt announces new consumer focus and West & North Africa expansion plans for 2021 TeamApt has announced that it will be shifting its focus from delivering financial services products to banks to delivering products for consumers and businesses.
Spotlight BitSika: From side project to multimillion-dollar startup BitSika is a payment app that helps people send money instantly across countries. It is popularly known as the CashApp of Africa.
News Ghana’s Zeepay raises $940,000 seed investment from UK VC firm GOODsoil’s investment will enable Zeepay to continue to scale and roll out its services across the continent, and extend its global reach by launching in the UK in 2021.
News OnePipe closes $950,000 pre-seed round from Sherpa, Techstars, others OnePipe has raised $950,000 pre-seed funding from a roster of institutional and angel investors, including Techstars, Sherpa Africa, and Idris Bello.
News Kwaba, a rental financing startup raises pre-seed round from Ingressive Capital and ARM Kwaba, a rental financing startup, has raised an undisclosed amount in a pre-seed round from Ingressive Capital and ARM. The pre-seed investment is estimated to be north of $200,000.
Spotlight InvestSika is making investing accessible to all Africans, starting with Ghanaians InvestSika is on a mission to make investing accessible to all Africans. With a mobile money account and smartphone, you can start trading and investing in the stock market with as little as GH₵60 ($10 or ₦3,820).
Opinion Seven ways to beat inflation in Nigeria In a tweet on Wednesday, October 28, 2020, Prof. Steve Hanke revealed that his measurement of Nigeria's inflation over the last year stood at 30.37%.
News Ant Group is raising $34.5 billion in the world's biggest IPO at $315 billion valuation Ant Group is raising $34.5 billion through an IPO in Shanghai and Hong Kong at $313 billion valuations, making it the world's biggest IPO. Jack Ma to become the 11th richest person in the world
News Fundall, a digital banking platform raises $150,000 in pre-seed funding Led by Black Knight Capital, a pre-seed stage investor, Fundall has raised $150,000 to deepen its footprints and challenge existing digital banks.
Events Bitsika partners with Davido and DMW to improve financial transactions across Africa Bitsika announced its partnership with David Adeleke, a multiple-award-winning artist, and entrepreneur, in a press conference on Thursday, October 8.
Spotlight Abeg App: putting the fun in functional Abeg.app is a fintech app made by young Nigerians that makes sending and receiving money fun.
News Nigerian fintech, Mono, raises $500k in pre-seed funding Lateral Capital announced its investment in Mono on Friday 18, September in a tweet by Kyane Kassiri, a Venture Associate at the fund.
News Carbon reports ₦112.6 million PAT and 2.2 million active customers Carbon reported a profit after tax of ₦112.6 million in its 2019 financial result. Carbon also revealed that it has 2,272,997 active customers.
News Nigerian startups WellaHealth and Flex Finance join the 7th cohort of Catalyst Fund Two Nigerian startups, WellaHealth and Flex Finance, are among the seventh cohort of Catalyst Fund—a global inclusive fintech accelerator.
Spotlight My first impression of Trove Finance and a mild introduction to investments Review of Trove Finance, a platform that allows you to invest in stock markets around the world for as low as ₦1,000.
Spotlight A chat with Abolore Salami, Founder of Nigeria's foremost digital platform for cooperatives—Riby Finance Riby Finance—the foremost digital platform in Nigeria for cooperatives and trade groups—was created to answer the question: How do you create prosperous communities?
Fintech Nigerian lending fintech, Aella Credit raises $10 million Aella Credit raises $10 million in debt financing, expands into other product lines including a blockchain-based lending market, Creditcoin.
News Flutterwave becomes Endeavor's first investee in Nigeria with $35 million series B round Flutterwave has closed a $35 million Series B round as Endeavor's first investee in Nigeria.
News Funding your mutual funds with Stash will now cost a dime The love of Ope from Cowrywise costs a dime. A processing fee will now be applied when funding your mutual funds with Stash.
News Carbon announces Kenya launch, says its vision is to become a pan-African digital bank Carbon has officially announced its launch in Eastern African, Kenya, as its aims to become a pan-African digital bank
News Standard Chartered Nigeria launches a digital bank. Now what? What does the launch of digital banks by legacy financial institutions mean for fintechs such as Kuda and Rubies Bank.
News What to make of Fluterwave's major partnerships So far in 2019, Flutterwave has announced four major partnerships with Visa, Alipay, Pay Attitude and Binance.
Press release Carbon launches financial services platform for businesses Carbon, Nigeria’s foremost digital financial services company, has launched Carbon for Business, a digital financial services platform that will serve small and medium-sized enterprises.
News Cowrywise will now allow Nigerians to invest in dollar-based assets Cowrywise—a fast-growing savings and investment platform—has announced the introduction of dollar-based assets, in the form of Eurobond mutual fund, on its platform.
