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Nigeria’s digital payroll platform Bento expands to Kenya, Rwanda and Ghana, to enter six other African markets in 2022

TechCrunch

Bento , Nigeria’s digital payroll and human resource management platform is expanding to Ghana, Kenya and Rwanda with plans to set up operations in six other markets in Africa over the next one year. Its platform currently supports 400 businesses.

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

and Nigeria-based company, which has built a distributed remote team across Nigeria, Ghana and Kenya, says it’s working to democratize Africa’s highly fragmented payment system by leveraging blockchain-based solutions. Earlier this year, Bitmama had fewer than 20,000 users across both platforms. CEO Ruth Iselema.

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Nigerian investment platform Chaka secures $1.5M pre-seed after bagging country’s first SEC license

TechCrunch

Several platforms have sprung forth to bring stock trading opportunities in their respective markets. In Nigeria, at least four platforms offer both local and foreign stocks to individuals. Chaka is one such platform. Egyptian social e-commerce platform Taager raises $6.4M Robinhood is no exception.

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Ghana’s Redbird raises $1.5M seed to expand access to rapid medical testing in sub-Saharan Africa

TechCrunch

During his time at Accra in 2016, he met Quao, a trained pharmacist in Ghana at a hackathon whereupon talking found out that their interests in medical testing overlapped. Beattie says to TechCrunch that while he saw many exciting new tests in development in the US, he didn’t see the same in Ghana.

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Nigerian shared mobility startup Shuttlers raises $1.6M, plans pan-African expansion

TechCrunch

Via its ridesharing platform, Shuttlers provides companies with better mobility options for their employees. . Through the platform, commuters can book a seat on one of the buses that goes along predetermined and scheduled routes. million in funding, money also used to acquire a similar player in Ghana.

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Vendease, a food procurement platform for African restaurants, nabs $30M led by Partech Africa and TLcom

TechCrunch

The YC-backed food procurement platform has doubled down on the pivot — instrumental to the company’s $3.2 Its platform, described as a series of stacks, is designed to mitigate losses and help food businesses thrive. Since businesses don’t have access to accurate data, they usually buy what they don’t need.

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Ghanaian fintech SecondSTAX allows investors to access capital markets outside their countries, raises $1.6M

TechCrunch

While local retail apps such as Bamboo and Chaka offer U.S. The platform, which will allow broker-dealers, asset managers, pension funds, and institutional investors to access markets outside their own country, is announcing its launch to the public today. Nigeria is a silo, same with Ghana, Kenya and South Africa etc.