Fintech

Kuda bank, or "Kuda" as it is fondly called, is a challenger bank based in Nigeria and was initially called Kudimoney before it rebranded to Kuda in 2019. Kuda was founded by Babs Ogundeyi and Mustapha Musty. The brand is focused on offering digital banking... Read More

In simple terms, a unicorn is any private startup company that is valued at more than $1 billion. The term was coined by Aileen Lee, a US-based investor, in 2013. And according to Wikipedia, she chose the mythical animal to represent the statistical rarity of such successful ventures. ... Read More

Africa's fintech startup, Chipper Cash has confirmed that it has raised $100m in Series C funding. A round led by SVB Capital, the investment arm of U.S. high-tech commercial bank Silicon Valley Bank led this Series C round. Other participants in this round include some... Read More

Users can now buy and sell Bitcoin on Chipper Cash, a platform that allows you to send and receive money across the African continent. This is a big deal for the company as it would help to popularize crypto on the continent. The African payment... Read More

If you don't already know Paystack, it is a Fintech startup and payment processing company based in Lagos that lets businesses and individuals accept payments via credit card, debit card, USSD, money transfer, and mobile money on their websites or mobile apps. In late April,... Read More

Mobile Money has revolutionized how we transact with each other in Africa. However, for the most part, these mobile money platforms only work well among users on the same platform (in the same country). Thankfully, we now live in the digital age and international boundaries... Read More

Although electronic payments in Nigeria (and Africa at large) is growing tremendously, sending and receiving money across borders still remains a challenge. Thanks to Chipper Cash, however, money transfer to other African countries can now be done instantly (and for free!) at the click of... Read More

The online shopping world in Uganda is getting another player in the name of Xente. Xente is a Uganda-based Payments, Financial Services, and eCommerce company, offering various products and services that can be paid for using Mobile Money (Airtel Money, MTN Mobile Money), Bank Card (Visa Card, MasterCard), Xente wallet... Read More

Jumia has been facing some issues from concurrent losses, accusations of fraud, to share price going down on the NTSE. The company was even under investigations by law firms for allegedly misrepresenting data presented to investors for its IPO listing. However, the company just recently... Read More