June 23 (Reuters) – Binance, the world’s biggest cryptocurrency exchange by trading volumes, said on Thursday it has signed a partnership with Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs).
As part of the multi-year agreement, the Portuguese soccer star and Binance will create a series of NFT collections for sale on the company’s platform, the cryptocurrency…
MultiChoice Group faces cash constraint in Nigeria, reduces funds in country’s market to $133m
June 30, 2022
South African cable tv company, MultiChoice Group, has revealed that its management is facing liquidity constraint in Nigeria, and has to retrieve the company’s funds at a greater cost from the country, which is its second largest market in Africa.
Ripples Nigeria gathered…
The Co-founder of GetEquity, Jude Dike, has reacted to allegations of illegal operation
June 30, 2022
The Co-founder of GetEquity, Jude Dike, has reacted to allegations that the company was operating an illegitimate business.
The company has come under public scrutiny in the last few days after reports emerged that it was providing crowdfunding services without approval from…
Future Africa Founder, Iyinoluwa Aboyeji, to invest $100,000 in Nigerian startups
June 30, 2022
The founder of investment firm, Future Africa, Iyinoluwa Aboyeji, has disclosed his company’s willingness to invest in small businesses operating in Nigeria, in a bid to assist their growth.
Aboyeji co-founded Flutterwave and Andela, leading them to become a billionaire-dollar company in Nigeria, before quitting the product market to become an investor in the product market.
He launched Future…
A Nigerian edtech startup, Kibo, has secured a $2 million seed funding led by Neo to expand the platform’s program.
The funding round saw participation from Future Africa, Pledges, Brooklyn Bridge Ventures, Transcend Network and several angel investors.
Kibo’s Chief…
MTN Nigeria subsidiary, Momo Payment Service Bank Limited lost N22.3 billion following a security breach on the fintech’s system, which forced the company to shutdown operation temporarily.
The incident occurred on May 24, 2022, after Momo PSB processed 700,000…
Nigeria-based talent solution startup, MyPayJobs, has launched venture to connect indigenous talents to jobs online.
The Co-founder and CEO, Samuel Okechukwu Mathew, on Wednesday, confirmed the development in a statement made available to Ripples Nigeria.
MyPayJobs, which is based in Port Harcourt, is a digital marketplace that seeks to connect buyers and sellers of digital products and…
As more African startups spring up to solve the myriad of problems on the continent, the issue of interoperability emerges. Fintech users, for example, want to complete transactions seamlessly without cycling through numerous options, and Thepeer believes it can solve…
Netflix has announced another round of job cuts as it grapples with slowing growth and increased competition.
The streaming giant said it was cutting 300 more jobs – roughly 4% of its workforce – mostly in the US, this after axing 150 people in May.
The latest round of…
Afropolitan Funded By Eche Emole and Chika Uwazie Raised $2.1 million pre-seed
June 22, 2022
Afropolitan, a community-as-a-service company for the African diaspora, has raised $2.1 million in pre-seed.
VCs who participated include Hashed, Atlantica Ventures, Microtraction, Cultur3 Capital, and other unnamed investors.
The round also saw some angel investors, including Balaji Srinivasan, Elizabeth Yin of Hustle Fund, Shola Akinlade of Paystack, Ian Lee of SyndicateDAO, Iyinoluwa Aboyeji…