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Duplo, a Nigeria fintech startup raises $1.3M pre-seed, to build payments infrastructure for B2B businesses
Duplo Inc, backed by yCombinator (YC W22) has raised $1.3M in pre-seed funding, to build payments operating system for B2B businesses in Nigeria. The round was led by early-stage pan-African VC firm Oui Capital with other local investors participating. The friction Duplo is fixing in a nutshell, is payments in the FMCG sector — which […]
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AltSchool raises $1m Pre-seed to address Africa’s shortage of Junior level Tech talents
Unlike in the past years, there is currently a significant focus on tech talent development. The focus has completely shifted from the entry-level training talent that it used to be to training senior talent. Undoubtedly, one of the significant reasons that necessitated this shift is the inability of the local education system to produce qualified […]
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Yellow Card, Crypto Exchange Platform Resumes Transactions in Nigeria Naira
An African-focused crypto exchange platform, Yellow Card, has announced the resumption of naira deposits and withdrawals in Nigeria. The move by the company comes almost a year after a central bank of Nigeria directive forced the crypto exchange platform to suspend deposits and withdrawals operations. Oparinde Babatunde, Yellow Card’s director of services in a statement made available […]
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Rubbing Mind With Africa’s First Female-led Fintech Unicorn, Wave
After Wave has solidified its position as a leading mobile financial service in Africa, especially since attaining the much-coveted unicorn status. In this interview, the startup’s general manager in Senegal reflects on the journey so far, the challenges ahead, and the opportunities that fintech presents. Coura Sène also discusses the difficulties created by fintech’s rapid growth, […]
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African online learning platform, Edukoya raises $3.5million pre-seed funding
Edukoya, an Africa-focused online learning platform, has raised $3.5 million in a pre-seed round led by Target Global with strategic participation from angel investors including European and African founders. Edukoya empowers learners and their parents to take control of their learning and makes it easier for them to access high-quality learning material and expert help. […]
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The Global Share Dealing App, Trove Wins 2021 Ecobank Fintech Challenge
Trove Finance, a Nigerian-based global share dealing app has been named winner of the fourth edition of the annual Ecobank Fintech Challenge. The Ecobank Fintech Challenge is a flagship event of the Ecobank Group to support early-stage fintech from across the African continent. The virtual grand finale was streamed live from Accra in Ghana – […]
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MediSpark, Nigerian Healthcare SaaS connecting African healthcare ecosystem
About MediSpark MediSpark, a Nigerian Health startup describes itself as “Truepill for Africa”, with the company busy building an ecosystem of APIs and SaaS tools to synchronise data across Africa’s fragmented healthcare systems. MediSpark is the brainchild of Ugo Nwokoro and Gbenga Oyeniyi, who have known and worked together since 2016. Nwokoro and his family have […]
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Nigerian financial service startup OnePipe, raises $3.5m seed round
Nigerian growing fintech startup OnePipe has raised a $3.5 million seed funding round to double down on its embedded finance strategy. What does OnePipe do? OnePipe launched in August 2019, OnePipe aggregates APIs from banks and fintech into a standardised gateway that is easy to integrate and makes partnerships seamless. OnePipe saves time and money […]
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Nigeria to make History as President Muhammadu Buhari unveils CBN’s eNaira
Nigeria makes history today as it ushers in Africa’s first Central Bank Digital Currency (CDBC), the eNaira, an exercise the Central Bank of Nigeria (CBN) has described as “one of the milestones of a long journey.” President Muhammadu Buhari will be unveiling the eNaira today, at the State House in Abuja. The Central Bank of […]
