TechCrunch

OCTOBER 19, 2022

The company, which announced a $200,000 pre-seed last September , said it intends to use the investment to hire talent, build up its processes, structure, and scale into new African markets. We want to be that connecting platform on the continent. Integrating an ecosystem of products. Some include Pastel , Kippa and OZÉ. .

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Platform Raise Africa Nigeria 145

TechCrunch

FEBRUARY 14, 2022

Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. The platform also stores patients’ medical records and supports reporting and accounting. That business was pretty small.

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Nigeria Digital Africa Raise 94

TechCrunch

DECEMBER 8, 2021

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. We’re starting with payroll and HRM, but moving rapidly towards Salary 2.0,

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Ghana Rwanda Kenya South Africa 93

TechCrunch

MARCH 29, 2022

India, with 32 startups, is the second-largest demographic represented in the new batch, while Nigeria is third, having delivered 18 startups. What it says it does : A platform for corporate expense cards and spend management for businesses in Africa. Location : Lagos, Nigeria. As usual, the U.S. has the most representation.

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Nigeria Africa Sudan Websites 91

TechCrunch

FEBRUARY 9, 2022

Nigeria has more than 12 million registered vehicles , and approximately 90% of them are used cars that need frequent checkups to prevent recurring breakdowns. Given this number, one would expect effective vehicle maintenance to be standard in Nigeria. million seed round. .

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Nigeria Service Africa Mobile 95

TechCrunch

AUGUST 20, 2021

The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Today’s news is from Alerzo , a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. About one-third of the total retailers on Alerzo use the platform monthly. The company is announcing a $10.5

Nigeria 145

Nigeria Raise Online Asia 145

TechCrunch

APRIL 5, 2022

The number of POS terminals in Nigeria grew from 150,000 in 2017 to 543,000 in April 2021, according to Statista. In Nigeria, POS terminals are used to process card payments at retail locations as well as for agency banking purposes, a branchless banking system where agents act like human ATMs.

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Nigeria Mobile Raise Offline 91

TechCrunch

DECEMBER 14, 2023

Pan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery service, Jumia Food.

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Algeria Tunisia Morocco Uganda 113

TechCrunch

JULY 19, 2021

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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License Nigeria Platform Africa 95

TechCrunch

NOVEMBER 10, 2021

In February, Disha , a Nigeria-based platform that allows digital creators to curate, sell digital content, create portfolios and receive payments from their audience globally, announced that it was closing shop. The terms of the deal are undisclosed; however, some sources say the purchase price is in six figures.

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Platform FAQ Nigeria Africa 143

TechCrunch

MARCH 22, 2021

to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. Crypto remittance platforms are rising to the challenge of fixing these cross-border payment issues by reducing time and fees.

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Africa Platform Nigeria Ghana 106

TechCrunch

MARCH 28, 2023

Fez Delivery , a Lagos-based last-mile logistics startup with hubs across Nigeria, has raised $1 million led by pan-African investor Ventures Platform with participation from Voltron Capital, Acasia Ventures and other angel investors.

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Platform Nigeria Fund Africa 98

TechCrunch

FEBRUARY 22, 2022

The global chat commerce’s total addressable market is worth an estimated $80 billion and is seen as the third big wave of digital commerce after e-commerce and app commerce markets. As the largest digital platform in the world with more users than the internet’s 4.7

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South Africa Platform Nigeria Raise 98

TechCrunch

MAY 4, 2022

And in trying to sweet-talk investors, what’s not taken into context or often disregarded is that Africa is a fragmented $3 trillion market. Trade has the least startup activity in a market that received $5 billion in VC funding last year. The continent is also home to more than 1.2

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Africa Burkina Faso Nigeria Companies 139

TechCrunch

MARCH 2, 2022

Sudo Africa , a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 At some point, we wanted to issue cards and worked with one of the local banks in Nigeria,” said CEO Bakori. This opens up a flow of opportunities for the fintechs and companies that use our platform.”.

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Africa API Issue Nigeria 98

TechCrunch

AUGUST 17, 2021

The company is also describing itself as a machine learning-as-a-service platform. Pngme’s platform caters to fintechs and other financial institutions across sub-Saharan Africa. When the founders, Brendan Playford and Cate Rung, last spoke with TechCrunch, Pngme was heading out of stealth mode in Nigeria, Kenya and South Africa.

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Platform Data Africa South Africa 107

TechCrunch

NOVEMBER 16, 2021

Shared transportation in Nigeria, Africa’s largest country by population, is a thriving business, at least when done the conventional way: offline. With millions of Nigerians using danfo minibuses and okadas to commute to their various workplaces and destinations, mobility startups have sought to digitize the market.

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Mobile Nigeria Share Raise 145

TechCrunch

MAY 26, 2021

Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. In 2018, Opera, popularly known for its internet search engine and browser, launched the OPay mobile money platform in Lagos. OPay plays in an extremely competitive fintech market.

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Nigeria Africa Raise Report 135

TechCrunch

FEBRUARY 7, 2022

Reports say healthtech in Africa should reach a market value of over US$11 billion by 2025 and Reliance Health is looking to play a pivotal role in the continent reaching that capitalization. So essentially what we’re trying to do is to use technology to make quality health care accessible and affordable in emerging markets.”.

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Nigeria Raise Africa Egypt 135

TechCrunch

DECEMBER 12, 2022

million in “expansion” funding from Aruwa Capital, a Nigeria-based early-stage growth equity and gender-lens fund. . However, because it serves an entirely different market , Taeillo has had to be authentic with its product offerings by infusing cultural elements (it refers to them as Afrocentric furniture). .

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Fund Online Raise Platform 115

TechCrunch

MARCH 22, 2021

to reach a relative in Nigeria. Ben Eluan and Osezele Orukpe , two software engineers based in Nigeria, faced this problem in 2019. He adds that what differentiates Flux from other crypto remittance startups lies in the ease and speed of the platform’s transactions. The platform charges $0.50

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University Nigeria Build Africa 145

TechCrunch

DECEMBER 16, 2021

Fintech startups and those from Nigeria, Kenya, Egypt and South Africa get looked at the most by venture capitalists. Though Google’s investment in SafeBoda serves as an early reminder of Gajria’s statement, startups from the Big Four markets will likely fill the fund’s portfolio in the next couple of years.

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Africa Fund Uganda Nigeria 145

TechCrunch

DECEMBER 18, 2023

Last week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery service, Jumia Food.

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Algeria Tunisia Morocco Uganda 128

TechCrunch

FEBRUARY 17, 2022

Participating investors include XYZ Ventures, Village Global, Musha Ventures, Voltron Capital, Ventures Platform and Paystack CEO Shola Akinlade. Earnipay is building what is known globally as an earned wage access platform. For Canaan, this seems to be its first investment in an earned wage access platform, judging from its portfolio.

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Nigeria Accessibility Raise Ghana 87

TechCrunch

DECEMBER 5, 2021

MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja — its retailer ‘super app’ that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses.

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Africa Kenya Marketing Nigeria 99

TechCrunch

JANUARY 12, 2022

SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion. but rarely used in markets like Nigeria. “In

Africa 138

Africa Nigeria Raise South Africa 138

TechCrunch

APRIL 13, 2022

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked.

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Digital Marketing Raise Nigeria 95

TechCrunch

OCTOBER 14, 2021

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. She discovered that many people she talked to in emerging markets were creditworthy but lacked immediate access to credit and quick loans.

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Marketing Service Kenya India 110

TechCrunch

MARCH 22, 2021

“We’ve experienced three massive currency devaluations in the last three years in Nigeria, and this is similar to different economies in the world with unstable economies,” Ugochukwu said to TechCrunch. The platform allows credit unions to have over 1,000 members who don’t stay in the same geographical location.

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Africa Platform Nigeria Local 104

TechCrunch

SEPTEMBER 12, 2022

Kippa , the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 Kippa said the investment will allow it to develop financial products that help SMEs grow their businesses and grow its team in Nigeria. Nigeria’s Kippa gets $3.2M

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Nigeria Management Fund Business 116

TechCrunch

NOVEMBER 18, 2021

Millions of small businesses globally, especially in emerging markets, have stayed offline for the better part of the past decade. In Nigeria, some go to the extent of keeping information offhand. Before Kippa, the trio founded Africave, a software talent matching platform in 2019 that shuttered last year.

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Business Nigeria Management Africa 122

TechCrunch

APRIL 28, 2021

” Then last year, Afrikrea began testing an all-in-one SaaS e-commerce platform for these merchants. The platform called ANKA will allow users to sell from Africa, ship products to anywhere in the world and get paid through local and international African payment methods. Today, it is announcing its launch. trillion by 2025. .”

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Platform Africa Social Media North America 100

TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. They include executives and managers from fintechs such as Wave, Block, MercadoPago, Rappi, Flutterwave, Yoco, Visa, Plaid, Stripe and Coinbase — and e-commerce platforms like Jumia and Shopify.

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Global Fund Marketing Africa 98

TechCrunch

JANUARY 17, 2022

The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak , has its value pegged at over $70 billion globally and is expected to reach $116 billion in the next four years. But a few startups are paying attention to the market, positioning themselves to become top players when it matures.

Africa 118

Africa Management Platform South Africa 118

TechCrunch

AUGUST 15, 2022

In Nigeria alone, this industry, worth more than $200 billion, consists of over 40 million businesses of varying sizes, according to reports. Traditional retail in the country comprises small kiosks and open-air markets selling various products from food and beverages and groceries to personal care products and stationery.

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Digital Nigeria Raise Platform 91

TechCrunch

JANUARY 25, 2021

Microtraction , an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio. ” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs. The rest were unannounced.

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Nigeria Africa Report Mauritius 138

TechCrunch

FEBRUARY 15, 2022

The e-commerce platform is now set to introduce a range of products and options including buy-now-pay-later (BNPL) financing and a new online payment option. Contact is said to be among the first financial services platforms to introduce advanced credit scoring and collection mechanisms in Egypt. “We It’s quite the right market.

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Contact Egypt Platform Nigeria 89