Quidax, a Nigerian-based cryptocurrency exchange has announced its listing on CoinMarketCap, one of the world’s leading sources of cryptocurrency-related market data, With this announcement, Quidax is now the first fully African owned crypto exchange to be listed on CoinMarketCap. This listing represents a milestone for Africa in the $1.84 trillion global crypto market and Nigeria … Read more
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
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
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
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
Edukoya is an Africa-focused e-learning platform focused on providing quality secondary education in Nigeria through technology. The edtech startup has raised $3.5 million funding, the largest pre-seed round to be recorded for an edtech company in Africa. The pre-seed round was led by Target Global with notable participation from angel investors including European and African … Read more
Continuing the funding extravaganza in the Nigerian tech Industry, African Leading cable and data center service provider, MainOne is set to be acquired by United State-based internet connectivity company, Equinix. This acquisition will become Equinix’s grand entry into the African telecoms and data market space. According to information reaching techibytes from Equinix, the deal which … Read more