After acquiring AjoMoney and Zazzau MFB, Moni rebrands to Rank, signalling its shift from community-based lending to offering a full range of financial services.
Startups
In nearly a decade, hundreds of entrepreneurs have emerged with innovative startups across the African continent. We provide insights on their experiences and highlight the activities of investors who fund them.
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Paystack has suspended its co-founder Ezra Olubi after old X posts resurfaced alleging sexual misconduct. The case adds to a string of scandals involving Nigerian tech founders, raising fresh questions about accountability in the ecosystem
This Nigerian fintech startup is building a payment and AI-driven risk management platform that lets users send funds instantly across borders and protect themselves from currency volatility.
Y Combinator-backed Moni has rebranded to Rank after acquiring AjoMoney and Zazzau MFB, expanding its mission to digitise Africa’s community savings culture and offer broader financial services.
After working as a top-rated Upwork freelancer, this Nigerian decided to team up with a software engineer to bridge the payment and skill gap between African talents and global opportunities.
Ventures Platform secures $64 million in first close backed by the Nigerian government, IFC, BII, and Michael Seibel, as it expands investments across Africa.
Chowdeck, Nigeria’s food delivery and logistics startup, has hit a major milestone of 1 million monthly orders.
In Africa, selling happens everywhere — in-store, online, and on WhatsApp. Storebridger brings it all together, giving small businesses a unified view of sales and a new path to credit.
Priv Health is helping Nigerian men access confidential consultations, prescriptions, and lab tests through its digital platform.
While most VCs chase billion-dollar unicorns, Saviu Ventures focuses on early, realistic exits in Francophone Africa.
An AWS outage has disrupted services for African businesses like Bamboo and Raenest. Global platforms, including Snapchat and Canva, were also affected
With its new ZOI-embed tool, Nigerian health-tech startup WellaHealth wants to make buying health insurance, booking diagnoses, and getting prescriptions possible through any platform.
From teaching tech skills to powering global hiring, Utiva’s platform helps companies find, onboard, and pay African professionals with ease.
When two former Andela engineers tried to simplify AI, they ended up simplifying HR instead. Their startup, Onbuddy, is turning the chaos of onboarding and daily workflows into smooth, automated collaboration powered by AI.
After helping TikTok and OPay hire talent across Africa, HRLeverage Africa is launching WorkRemits, a payroll platform built from 11 years of experience to take on players like PaidHR and SeamlessHR in managing cross-border salaries.
This app was built in Northern Nigeria but is attracting more users in Nepal and Russia than in Nigeria. The founders share how a two-month old startup scaled beyond its base.
Pennee, launched in 2021, is pivoting from lending to offering an AI-powered credit infrastructure, helping lenders verify, underwrite, and collect more efficiently while empowering borrowers to make smarter credit decisions.
Born from a mission to help one patient, Clarrio uses AI to turn data from 300+ wearables into predictive insights, helping doctors manage chronic diseases with more accuracy and less guesswork.
AltSchool Africa has launched a new Nano-Diploma to give learners more flexibility after student complaints about its 12-month programme.
When Nigerians move abroad, foreign banks often reject them due to lack of credit history. Wale Akanbi, ex-CTO of Aella, is building Bleyt, an AI and stablecoin-powered fintech to help Nigerians port their credit data.
Daniel Yu has stepped down as CEO of Wasoko after 11 years, following the company’s merger with MaxAB. He’ll stay on as an advisor while MaxAB’s Belal El-Megharbel takes over.