Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports.
The strategic investment came from LeapFrog Investment and Tana Africa Capital, which will work with Interswitch to “advance the payment ecosystem across the continent,” according to a Thursday (May 12) news release,
Founded 10…
On this series of 5QUESTIONS BY RANKS BUSINESS, we introduce you to Actress Tega Dominic the CEO of Effanga’s Kitchen.
Against all odds Former Bbnaija Housemate Tega Dominic recently unveils her Effanga’s Kitchen to redefine meals taste in Nigeria.
Read our brief…
Ahead of the launch of its payment service bank (PSB), MTN Nigeria says it has seen the number of active subscribers on its fintech platform rise by 6.2 million to 10.7 million people year-on-year.
The telecommunication company (telco) said it added 1.3 million fintech…
DRONETECX, Nigeria’s foremost Drone Technology Conference and Exhibition has restarted its commitment to creating access for Nigeria and Africa to tap into $150 billion global drone market.
Speaking during the 2nd Drone Technology Conference and Exhibition held at NIGAV Expo Center, Murtala Muhammed International Airport, Lagos, Fortune Idu, chairman DRONETECX 2022 said the global drone market…
The search for remote work has increased by 490% since the beginning of the pandemic. This means more companies, including big tech ones, have had to move their operations online.
Remote work comes with its own advantages including a reduction in overhead costs with this…
Apple announced on Tuesday that it is discontinuing the entire iPod line, a product the company launched nearly 22 years ago. The iconic music player didn’t only revolutionise the way the world experienced music, it also saved the tech giant, now worth more than $3…
These three Nigerian creators Soliudeen Ogunsola, Gbadebo Bello, and Ajibola Akelebe have actively created digital content that people have used globally. Soliudeen Ogunsola is a product designer who writes down his design ideas, creates design templates, and publishes them online. Gbadebo Bello, a software engineer, expresses himself as well as the entire technical approach in his…
Aladdin Scheme Ltd, the leading Ecosystem Digital bank in Nigeria has announced its successful closing of a debt-financing deal up to $3.5 million. This debt-financing will power its digital lending products in order to provide a wide range of loan options including; Nano…
Binance Labs has accepted the leading gaming guild in Africa into its incubation program, Gamic Guild to position the guild as the most sought after gaming guild in Africa. Binance Labs is excited to help Gamic Guild create massive opportunities, access an extensive network…
The value of Bitcoin has dropped below $31,000 (£25,140) – less than half of what it was at its peak last November, according to the Coinbase cryptocurrency exchange.
The fall of the world’s largest cryptocurrency by market value comes as stock markets around the world have also tumbled in recent days.
In times of market uncertainty traditional investors will often sell what they see as…