StartupsTechnology

According to reports, Chipper Cash has laid off 140 employees.

Chipper Cash, an African startup cross-border payments company, reportedly laid off 140 employees, or more than a third of its workforce. Although 15% of those impacted are Nigerians, the layoffs affected workers from IT, engineering leadership, engineers, technical programme managers, and analysts. This move follows a prior 13% personnel reduction in December 2022, when 50 employees from the…
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Startups

Nigerian startup wins $300,000 prize in Saudi Arabia.

Two Nigerian startups received $300,000 after attending the 2nd LEAP Technology Expo in Riyadh, Saudi Arabia. Two startups are RiceAfrika Technologies and Wicrypt Technologies. They became winners in various categories of the rocket fuel competition, which was attended by Professor Isa Pantami, Minister of Communications and Digital Economy. More than 10,000 startups from different countries have…
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StartupsTransportation

You can now pay in installments for your next flight on United Nigeria Airlines, powered by Kalabash.

In its commitment and dedication to providing seamless payment solutions for stakeholders in the travel industry, Kalabash has partnered with United Nigeria Airlines to offer its passengers the option of paying for their flights in installments with its innovative payment solution, Pay Small Small™ (PSS). This service will be available for all United Nigeria Airlines passengers and will give…
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StartupsTechnology

Stears, a Nigerian data startup, raises $3.3 million with the support of Mac VC and Serena Ventures.

Stears, a Nigerian data startup, has completed a $3.3 million seed round in order to grow throughout other African nations. Leading the round was MaC Venture Capital. Additionally participating were Serena Ventures, the Luminate Fund of the Omidyar Group, Melo 7 Tech Partners, and Cascador. One of the 60 companies chosen for the Google for Startups Black Founders Fund 2022 batch in September 2022…
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