TechCrunch

OCTOBER 19, 2022

However, after gaining little traction, it was clear that Bumpa had to evolve to meet the growing demands of businesses on the platform, including recording sales and bookkeeping, inventory tracking, and storing customer details. We want to be that connecting platform on the continent. Integrating an ecosystem of products.

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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

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 15, 2021

For years, offline test preparation centers in Nigeria have provided after-school guidance and tutoring to students who seek to pass entrance examinations. Edtech platforms such as Edukoya have sprung up with the intent to take these models online and maintain affordability for students. Like in the U.S., Edukoya has yet to do either.

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Online Learning Nigeria Global Platform 102

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

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

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Nigeria Raise Online Asia 145

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

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

FEBRUARY 22, 2022

As the largest digital platform in the world with more users than the internet’s 4.7 The company helps businesses communicate with their customers via mobile messaging platforms and today is announcing that it has raised $91 million in a new financing round. In Nigeria alone, Clickatell reaches 17 million end customers and up to 1.3

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South Africa Platform Nigeria Raise 98

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

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

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

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. That’s how Earnipay came to be, with Busayo Oyetunji and Joshua Ajayi joining as COO and CTO, respectively. .

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Nigeria Accessibility Raise Ghana 87

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. million in seed funding from several investors to blitz scale within and outside Nigeria. However , most have found little luck, especially those in the two-wheeler mobility space.

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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. Opera’s Africa fintech startup OPay gains $120M from Chinese investors.

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Nigeria Africa Raise Report 135

TechCrunch

SEPTEMBER 10, 2022

Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth. Earlier this year, Bitmama had fewer than 20,000 users across both platforms. Revenues come from margins on the transactions its users perform on the platform.

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Africa Nigeria Marketing Kenya 145

TechCrunch

DECEMBER 12, 2022

million in “expansion” funding from Aruwa Capital, a Nigeria-based early-stage growth equity and gender-lens fund. . When Dada launched the platform, its target audience was solely businesses. The decision proved a masterstroke; up until its pivot, Taeillo had sold under 200 pieces of furniture in Nigeria.

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Fund Online Platform Raise 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 ” he said.

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University Nigeria Build Africa 145

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

FEBRUARY 7, 2022

Kuti’s comments highlight critical issues with healthcare in Nigeria: accessibility and affordability. In Nigeria and some emerging markets, it’s common for people to take healthcare for granted. In 2015, the three co-founders launched Kangpe, a telemedicine-focused startup in Nigeria with a “doctor in your pocket” slogan.

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Nigeria Raise Africa Egypt 135

TechCrunch

MAY 4, 2022

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. The service, which is only available for incorporating businesses in Nigeria, the U.S.

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Africa Burkina Faso Nigeria Companies 139

TechCrunch

DECEMBER 17, 2020

Currently operating in Kenya and Nigeria, Umba offers a digital financial service alternative to legacy African banks. Right now it’s available in Kenya and Nigeria, which have a combined population of over a quarter of a billion people. Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent.

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Africa Nigeria Kenya Digital 114

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. Small businesses in Nigeria have stayed offline for years, storing information and essential data offhand, on paper or ledgers. The free app currently has more than 45,000 active merchant users.

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Digital Nigeria Raise Platform 91

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

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

DECEMBER 16, 2021

Fintech startups and those from Nigeria, Kenya, Egypt and South Africa get looked at the most by venture capitalists. The Ugandan startup launched as a two-wheel ride-hailing platform before embarking on a super app plan two years ago. The motorcycle ride-hailing wars in Nigeria and Uganda are SafeBoda’s to lose.

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Africa Fund Uganda Nigeria 145

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

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 introductory batch was all Nigerian.

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Nigeria Africa Report Mauritius 138

TechCrunch

AUGUST 31, 2021

Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. The company allows traditional retailers in Morocco and some parts of North Africa to order consumer goods via its platform and handles free delivery to their stores. Infiuss Health (Nigeria).

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Nigeria Egypt Africa Group 122

TechCrunch

FEBRUARY 10, 2023

Fashion items are among the most — if not the most — sought after on many e-commerce platforms. While general e-commerce activities between African shoppers and global brands have occurred informally via long-held relationships, several platforms have used tech to centralize these processes across various shopping brackets.

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Africa Platform Fund Raise 95

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

TechCrunch

FEBRUARY 13, 2022

Stitch’s provides solutions for e-commerce companies, marketplaces & platforms and its leading clientele, fintechs. Some customers include wallet-based companies such as Chipper Cash and Luno ; embedded finance providers like ImaliPay ; subscription platforms like FlexClub ; and payment aggregators like Yoco. Image Credits: Stitch.

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API South Africa Raise Platform 93

TechCrunch

SEPTEMBER 28, 2021

One friend reached out to Ajiboye asking if he knew of any platform where she could find new, aesthetically pleasing places to dine in, visit and take pictures. More than 36% of social media users use platforms for travel ideas, according to Statista ; over 60% of these people share photos when traveling. Social media and travel.

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Place Social Media Nigeria Las Vegas 138

TechCrunch

NOVEMBER 18, 2021

In Nigeria, some go to the extent of keeping information offhand. Most of these features are geared at onboarding a wide range of businesses in Nigeria to the platform; however, the strategy is to introduce credit and other financial services to them. Ekezie and his co-founders started Kippa in February 2021.

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Business Nigeria Management Africa 122

TechCrunch

APRIL 12, 2021

The company based in Lagos, Nigeria, was founded by Emeka Emetarom , Obi Emetarom and Wale Onawunmi in 2008. Appzone platforms are used by 18 commercial banks and more than 450 microfinance banks in Africa. Nigeria is becoming Africa’s unofficial tech capital. This is where Appzone has found its sweet spot.

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Technology Nigeria Raise Africa 145

TechCrunch

JANUARY 17, 2022

Restaurants who use the management platform also have access to a dashboard that allows them to accept and process orders from food delivery services Jumia Food, Glovo, Bolt Food, and in-store, website, social media channels like WhatsApp. said the CTO in a statement.

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Africa Management Platform South Africa 118