FeaturedFintechNigerian fintech Okra secures $1 mn funding to boost infrastructurePritam BordoloiApril 28, 2020 by Pritam BordoloiApril 28, 2020 TLcom Capital led the funding round for Okra... Read more
FeaturedFintechNigerian fintech startups attracted $122 mn in funding in 2019Pritam BordoloiJanuary 31, 2020 by Pritam BordoloiJanuary 31, 2020 Total funding accumulated by fintechs fell by 21.8% year-on-year... Read more
FeaturedFintechNigerian fintech Paga acquires Apposit to fuel expansionPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The fintech raised $10 mn last year and announced its plan to expand globally... Read more
FeaturedTechnologyAfrican tech startups secure $491.6 mn in funding in 2019Pritam BordoloiJanuary 22, 2020January 24, 2020 by Pritam BordoloiJanuary 22, 2020January 24, 2020 2019 also witnessed a 61% increase in the number of investors to reach 261... Read more
FintechNigerian fintech Migo raises $20 mn for Brazil expansionPritam BordoloiDecember 4, 2019 by Pritam BordoloiDecember 4, 2019 Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital... Read more
FintechVisa to take 20% in profitable African fintech InterswitchPritam BordoloiNovember 12, 2019 by Pritam BordoloiNovember 12, 2019 The $200 mn deal will see Visa become a cornerstone investor in the startup ahead of a London IPO... Read more
FintechCBN to strictly regulate Nigeria’s fintech sectorPritam BordoloiOctober 22, 2019 by Pritam BordoloiOctober 22, 2019 The central bank is also identifying illegal fintech companies and bringing them under regulatory control... Read more
FintechNigeria’s Lidya to disburse $1.1 bn as loans in EuropePritam BordoloiOctober 16, 2019 by Pritam BordoloiOctober 16, 2019 After opening an office in New York, the startup expands into Poland and Czech Republic... Read more
FintechAfrican payment gateway fintech Innovate forays into DubaiInternational Finance DeskAugust 8, 2019March 18, 2020 by International Finance DeskAugust 8, 2019March 18, 2020 According to Innovate I Pay, the increasing number of African expatriates in UAE was a crucial deciding factor... Read more
FintechTechnologyOPay to use $50 mn funding to boost fintech and Nigerian businessesInternational Finance DeskJuly 11, 2019December 17, 2019 by International Finance DeskJuly 11, 2019December 17, 2019 Lead investors in the startup's funding round include IDG, Sequoia China, and Source Code... Read more