How Open Banking Fintech in Africa will shape the continent

Over the years, Open Banking in the financial sector has become a major source of innovation poised to reshape the banking industry. It is created to pave the pathway to unite financial technology (Fintech) and the banking industry with an improved application programming interface (API). In this article, I’ll be dissecting the meaning of open … Read more

Top: Best Banks in Canada you should Know right now

Best Banks in Canada

Before I talk about some of the Best Banks in Canada, there are important things to know before you make your choices. For now, there are about 29 domestic banks, 24 foreign bank subsidiaries, 27 full-service foreign bank branches, and three foreign bank lending branches in Canada and of course, new fintech is springing up … Read more

Top Neobank List in 2022 that’s best for you

Top Neobank

Before now, there used to be an unpleasant experience with the traditional banking services, malfunctioning ATMs, excessive transaction and maintenance charges, long queues and other frustrations that come with the regular banks but now Neobanks are taking over to offer better services without taking a dime from you. In this article, I’ll be talking about … Read more

How Earnipay raises $4M to help employees receive on-demand salary access

Earnipay team

Nigerian financial technology startup Earnipay is now on a mission to establish a flexible and on-demand salary access to income-earners and employees in Africa, the startup has raised $4 million in seed financing led by early-stage venture capital firm Canaan. The round was led by Canaan and with participation from XYZ Ventures, Village Global, Musha … Read more

Best Finance Companies in Nigeria 2022

finance companies in nigeria

In a few recent years, a lot of great individuals have made great ways of how Finance Companies in Nigeria are perceived. Most people refer to these firms as Fintech It’s with no doubt that these companies are doing well for themselves, the Nigeria Fintech Industry and Africa at large. The most surprising thing about … Read more

African fintech Flutterwave valuation to over $3B after $250M Series D fund

Flutterwave valuation

African Fintech company Flutterwave has tripled it’s valuation with a newly raised $250 million Series D round. The payment company is now worth over $3 billion in just twelve months. The Series D round had in participation lead investor B Capital Group and other participating investors like Alta Park Capital, Whale Rock Capital, and Lux … Read more

YC-backed Duplo raises $1.3m pre-seed to digitize B2B companies in Africa

Fintech startup Duplo

Nigerian-based and Y Combinator backed Fintech startup, Duplo has raised USD$1.3 million pre-seed funding to provide technical solutions to problems around inefficiencies in terms of moving goods from manufacturers and suppliers to retailers; usually involving collecting cash through a network of agents. The $1.3 million pre-seed funding round was led by early-stage pan-African VC firm … Read more

Nigerian Insurtech startup Casava raises $4m pre-seed to democratize insurance

Insurtech startup casava

Nigeria’s Insurtech Startup Casava has secured US$4 million in pre-seed funding to deliver affordable and accessible micro-insurance services for millions of Nigerians.  The funding round, the largest pre-seed round for an African insurtech to date, was led by Target Global with participation from Entrée Capital, Oliver Jung, Tom Blomfield (Founder of Monzo) and Ed Robinson … Read more

13 Top Fintech Companies & Fintech Startups to Know in 2022

images 2022 01 17T051821.284

The fintech industry is growing and evolving daily with various Top fintech companies and platforms coming forth with the aim of competing with the traditional financial payment and banking system. Fintech companies in the world currently have been rated to be the fastest-growing sector, which it has truly proven to be. With over 12,000 fintech … Read more

Esusu becomes unicorn with SoftBank led $130M series B funding

Esusu

Fintech startup Esusu has announced its series B funding to become the latest unicorn in the world. The financial technology startup said it has crossed the $1 billion dollar valuation after raising $130 million new funding.  The series B financing will provide Esusu with the needed capital to execute on their mission to remove impediments … Read more

Ghanaian Fintech Float raises $17,000,000 seed to accelerate credit offerings for SMEs

float

Float was founded by Jesse Ghansah and Barima Effah in 2020. Initially referred to as Swipe, the business enterprise rebranded as Float and went stay with its product in June 2021. The concept for the YC-sponsored Ghanaian fintech got here in the course of the leader executive`s time at OMG Digital, a media business enterprise … Read more

PayDay hits over 17,000 users six months after launch

payday

PayDay hits over 17,000 users six months after the launch of the Fintech startup, based by Nigerian entrepreneur, Favour Ori has become the primary Rwandan organization to enroll in the distinguished Techstars Toronto Accelerator software in 2021. Top Reasons for Employee Turnover What is Payday? Payday is the quickest and most efficient way to generate … Read more

How Nigeria Fintech Brass intend to provide a far-reaching banking solution for African businesses

Nigeria fintech brass

In Nigeria, there are hundreds of Fintech startups providing virtually the same services or even close services, but when it comes to the Nigeria Fintech Brass payments are different, and there are a number of features that make this startup outstanding among others.  With the proliferated number of FinTechs in Nigeria, many small and medium-sized … Read more

eNaira: company sues CBN for trademark infringement, launch date rescheduled

enaira

The official website of the upcoming Central Bank of Nigeria’s (CBN) digital currency, the eNaira website, has gone live, exactly one week to the planned launch of the initiative. Records one million hits in days after unveiling according to analytics Surprisingly, 24-hours after the eNaira website went live, it has recorded over one million hits, … Read more

How Prospa is building Neobank for small businesses and freelancers in Africa

prospa

Prospa started as one of 10 African Startups who participated in Y Combinator winter batch, few months after graduation, it raises the largest pre-seed funding of $3.8 million in Sub-Saharan Africa, the Financial and business management tool service-based startup is hellbent on building a neobank-like Fintech market for small businesses and freelancers in Africa. Recent … Read more

13 Best Places To Live In Africa While Working Remote

best places to live in africa as a remote worker

With the Rise of Tech Companies and Startups in Africa, tech talents are in search of best places to live in Africa freely. For many employees worldwide, the rise of digital technology and remote work has given birth to a new lifestyle: the digital nomad. These tech-savvy freelancers have more flexibility regarding where and when … Read more

How Kuda Bank became Nigeria’s 7th most valuable Bank in 2 years after raising $55mil Series B.

Kuda Bank 2

The Nigerian fintech company and “bank of the free” Kuda Bank, announced it has closed a $55 million Series B to push the company’s value to $500 million. The funding was co-led by Valar ventures and Target Global. Other investors that participated include Japan-based Strategic Business Investor (SBI) Investment and past angel investors. Founded in … Read more

E-Naira: Everything you need to know about the new Central Bank Digital Currency

enaira

After several months of speculations, the Central Bank of Nigeria is finally coming out with more details about the much anticipated central bank digital currency “the e-Naira”.  Nigeria’s apex bank, has released new guidelines on how eNaira, a state-supported digital currency, will be regulated, designed, and issued.  Talks about a digital currency started a few … Read more

10 Top tech companies in Canada to work for

find your niche market as a software developer

Canada has become a desired destination for most Nigerian tech talents out there to work; young people, especially in Africa, dream of a golden opportunity to relocate to Canada because of the generous opportunities in the country. But when you think of the biggest tech startup hub globally, Canada most often gets ignored due to … Read more

Babajide Duroshola Joins M-KOPA as Manager to Expand the Market

Babajide Duroshola M KOPA Nigeria General Manager 1

Kenya-based financial technology company, M-Kopa has appointed former Country Head, SafeBoda Nigeria, Babajide Duroshola as the new General Manager to lead its team. His appointment coincides with M-KOPA’s broader vision of expanding to other markets, which includes a move to Nigeria. On June 18, Babajide Duroshola, ex-country head, SafeBoda Nigeria, stepped down from his role … Read more

The Top 10 Popular Fintech Companies in Nigeria

fintech companies in Nigeria

The financial technology space in Nigeria is fast becoming a much more competitive sector as more players keep penetrating the economy; there are now more than 250 Fintech companies in the system.Financial technology (Fintech) is an economic initiative composed of companies or Startups that uses technology to deliver financial services to consumers – the technologies … Read more

Nigerian API Fintech Startup, OnePipe, raises 950k dollars in pre-seed investments

nigerian bank api

Lagos based Nigerian bank API start-up OnePipe has successfully raised $950k in pre-seed funding, According to the startup’s founder and CEO, Ope Adeoye, the round was led by the team at US seed-stage accelerator, Techstars, and African impact-focused VC fund, Atlantica Ventures. Several institutional investors like Future Perfect Ventures, Raba Capital, P1 Ventures, Ingressive Capital, … Read more

Startups in Nigeria Doing Amazingly well in 2021

images 4 1

The year 2021 has been unfolding different events and happenings. For instance, at the time of this writing, the COVID-19 pandemic has claimed about 393,000 deaths; the issue of racism that has been on the rise is another issue. While big tech companies might have the resource and time to put measures in place to … Read more