Lagos and Paris based digital lending fintech, Fairmoney, has raised $42 million Series B led by Tiger Global. The company has also secured a Micro-finance bank licence to deepen its services across its core markets
Nigeria’s Flutterwave has moved up 75 places in six months to become one of Y Combinator’s 40 most valuable private companies. It remains the only African startup to ever feature on the list for the third consecutive year
Nigerian wealth-tech startup, Cowrywise, has secured SEC’s fund management licence. With plans to capture 10 million investors by 2025, it is launching a public API to digitise Nigeria’s investment operations.
MSMEs have long been the bedrock of African economies. With lax policies and scorching pandemic, Nigerian MSMEs have had to show huge resilience. Some, with the aid of technology.
Today, on #WorldMSMEday, some of them share their story.
Six months after a restricting court order and two months after an industry-wide warning, Nigeria’s SEC has issued its first fintech licence to investment-tech startup Chaka. What does this mean for the broader industry?
With a reported $5.9 billion worth of transactions, Nigerian fintech, TeamApt has almost doubled its numbers for the entire 2020 in just two months in 2021. What’s next? A challenging foray into digital banking and a Francophone Africa expansion
New reports suggest that Nigeria is working with China to build an Internet firewall. If built, it would give the government full control over what Nigerians can access on the Internet… even VPNs
The Nigerian government has announced the suspension of Twitter in Nigeria. Facebook and other social media platforms could be next. Let’s try to make sense of this.
Tolulope Williams, a legal practitioner and a lover of really cool toys, bought an electric motorbike from a trade fair in Asia. That purchase led him to form Siltech, an Africa-focused EV assembly company.
Nigeria has lost 15.5 million subscribers following NIN registrations and a ban on the purchase of new SIMs. Six months on, Nigeria also made the least progress in subscriber growth compared to previous years.