Stitch, one of South Africa’s leading fintech infrastructure companies, has successfully raised $55 million in its latest funding round. The capital infusion is set to fuel the company’s expansion efforts, particularly in the development of its API infrastructure designed to enhance financial services integration across Africa.
The funding round saw participation from both existing…
Trademark War Between Zap Africa and Paystack Highlights Nigeria's IP Challenges
April 24, 2025
A heated legal battle has emerged in Nigeria’s tech space, as Zap Africa and Paystack face off in a trademark dispute that has drawn significant attention to the gaps in the country’s intellectual property (IP) framework. This case not only underscores the pressing…
Termii Exceeds 1 Billion Customer Transactions Across SMS, Voice, and WhatsApp
July 6, 2024
Termii, a leading communication platform in Africa, proudly announces a series of remarkable achievements that highlight its position as a frontrunner in the industry. Termii has achieved unprecedented success under the leadership of its CEO, Emmanuel Gbolade, processing…
Accelerex, one of Africa’s leading fintech companies, has announced the launch of its groundbreaking “Pay with Fingerprint” solution. This solution, the first to be deployed on Point of Sale (PoS) terminals in Nigeria, allows bank account holders to make secure and convenient payments at merchant locations using their fingerprints on biometric-enabled PoS devices.
Pay with Fingerprint…
Every year, a lot of small and medium scale enterprises flood the market worldwide with new product solutions. This is common in developing economies like Nigeria where SMEs represent about 90 per cent of employment across the globe, the World Bank says.
According to the…
Curlla Luxury Salon has disclosed plans to launch its flagship location in the Lekki area of Lagos State.
It is set to be the ultimate expression of luxury created to provide a unique and unparalleled beauty experience, with a focus on personalisation, exclusivity, and…
The closure of the United States-based Silicon Valley Bank, the bank of choice for many venture capitalists and startups, may affect Nigerian startups according to industry players.
On Wednesday, March 8, SVB surprised investors with news that it was seeking to raise $2.25bn to maintain liquidity. Within the next couple of hours, a bank run occurred after VCs advised their startups to withdraw…
Fintech for Women: HerVest increases its services to promote greater financial inclusion among all types of women.
March 3, 2023
In furtherance of its commitment to bridge the $42bn gender finance gap in Africa, HerVest, a fintech dedicated to providing financial inclusion for women through a Gender Lens Investment (GLI) approach, has launched its revamped digital app to deepen access to financial…
LifeBank signs partnership to use AI to enhance patient outcomes in African hospitals.
March 3, 2023
In line with its objective of building an agile supply chain for Africa’s healthcare industry, LifeBank has signed an agreement with benshi.ai, a Barcelona-based Artificial Intelligence (AI) organisation to use its AI and Machine Learning (ML) platform to improve the…
Wynk Limited, a tech startup firm, has unveiled its lifestyle App, “The Wynk Lifestyle Super App” with the aim of making life easier through providing solutions to diverse economic needs.
The firm, in a statement, said the app is a cost-effective solution to everyday challenges ranging from financial services and fintech, domestic and cross-border payments, healthcare services delivery…