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 job slashes comes after the company reported its first subscriber loss in more than a decade in April.
Netflix is exploring an…
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…
Nigerian health tech startup, Healthtracka, has raised $1.5 million in a seed funding round led by Hustle Fund and Ingressive Captial. Other participants in Healthtracka’s $1.5 million seed funding round include Flying Doctors and Alumni Angels Alliance
Co-founded by…
Nigerian Breweries renews Flavour, Yul Edochie & Phyno’s Brand Ambassadorial Deal
June 19, 2022
It was all glamour, glitz and funfair at the Head of Office of Nigerian Breweries in Iganmu as the trio of Flavour N’abania, Yul Edochie and Phyno renewed their brand ambassador contracts with Life Continental Lager Beer. As a leading South Eastern beer brand that is promoting Igbo Hi-Life music, beliefs, tradition and cultural values of Igbos, Life continental Lager beer has also…
Foremost e-commerce platform startup, providing easy business management for SMEs: Bumpa, has joined with Google in an initiative aimed at empowering Africa’s small and medium businesses in Nigeria, Ghana, Kenya and South Africa.
The Google Hustle Academy, seeks to…
The Central Bank of Nigeria (CBN) has granted an Approval in Principle (AIP) to fintech platform Fincra to operate as a Payment Solution Service Provider (PSSP) across the country.
In its commitment to promote strong and credible payment systems, CBN, in December 2020…
SplitCash Is Creating A World of Simple And Secure Shared Payments For Everyone
June 16, 2022
We all know what it is like to split a bill – from rent to groceries, a dinner with your friends, down to everyday living costs. Your mind quickly goes to payments for services like an Apple Music family plan, Spotify, or even Netflix. Splitting bills is more common than people like to publicize.
And with good reason. The conversations that come with a shared payment can range from…
FundBae, Nigeria’s fastest-growing Savings and Investment platform, has just crossed a major milestone – 50,000 Users. FundBae is helping ordinary Nigerians build and preserve wealth through its value offerings; savings, investments and payment. It is steadily growing on…
Leading Creative Director, Tayo Kalejaiye, has joined the outstanding team building the world’s 1st human-centric metaverse – Vault Hill City (VHC). As the Head of Gaming. Tayo brings a wealth of experience in gaming, NFT, and augmented reality that will upscale the…
CarePay Nigeria joins four other startups from the CEMEA (Central Europe, Middle East, Africa) region for the Visa everywhere initiative. The innovative health tech startup is one of five finalists shortlisted from over a thousand applications received from all over the CEMEA region which consists of about 100 countries. The 2022 CEMEA regional finals event will be livestreamed by TechCrunch on…