Stanbic IBTC
Banking

Stanbic IBTC Holdings to Launch Fintech Subsidiary

Stanbic IBTC Holdings has announced plans to launch a wholly-owned financial technology subsidiary to be christened Stanbic IBTC Financial Services

Edukoya
Edtech Funding Investment Venture Capital

African Edtech Startup, Edukoya Closed $3.5m Pre-seed led by Target Global

Edukoya, an African edtech startup, has raised $3.5 million in a pre-seed round led by Target Global. Angel investors including European

Union54
Fintech Funding Investment Venture Capital

Zambian Fintech Startup, Union54 Raises $3m to Scale its Team and Expand Customer Base

Union54, a Zambian fintech startup, backed by Y Combinator, has closed a $3 million seed round led by Tiger Global.

Interswitch
Partnership Technology

Interswitch, OkHi Partner to Launch Nigeria’s First Digital Address Verification Service

Interswitch Group and OkHi have announced a new strategic partnership that sees Quickteller, Interswitch’s payments, and wallet service becoming the

OPay
Fintech Funding Investment Venture Capital

OPay Raises $400m Led by Softbank Vision Fund 2 at $2bn Valuation

OPay, the Nigerian fintech startup, has raised $400 million investment round led by Softbank Vision Fund 2. This values the

Acquisition Funding Investment Ride-hailing Venture Capital

Mobility Startup, Plentywaka Acquires Ghana’s Stabus After Raising $1.2m

Plentywaka, which provides hassle-free shared rides on-demand, has announced that it has fully acquired Stabus, one of Ghana’s leading mobility startups.

Smile Identity
Fintech Funding Investment Venture Capital

Smile Identity Raises $7m Series A Funding to Simplify KYC For Africans

Smile Identity, the provider of ID verification, document verification, and digital KYC compliance solutions in Africa, has secured a $7 million

Accelerator Event Startup

Participants in the iNOVO Accelerator Programme Share Their Experiences As They Graduate

Designed to empower 10 early-stage Nigerian startups that are solving challenges resulting from the COVID-19 pandemic, in January 2021, the UK-Nigeria

Netflix
Entertainment

Realness Institute, Netflix Announce 12 Participants For Content Development Lab For African Writers

Twelve creative industry professionals from Kenya, Nigeria, Mozambique, South Africa, and Zimbabwe have been selected to be part of the inaugural three-month

Mono
Fintech Funding Investment Venture Capital

Mono Raises $3m Seed Funding to Offer Reliable Access to Financial Accounts in Africa

Mono, a Nigerian API fintech startup, has raised a $2M seed round of funding from Entrée Capital (Investors in Kuda),