Benjamin Dada

Verve cards are now accepted on AliExpress. But their issuing business tells a sweeter story

Verve has grown card issuing by 40% year-on-year, in the last two years. This article reports the news of their partnership with AliExpress while going deep into three growth eras they've experienced.

Hisa co-founder Eric Jackson steps down post-Risevest acquisition

Fellow co-founder Erick Asuma left the business last year. Eric Jackson solely ran Hisa since the beginning of the year and will now be looking to "touch some grass".

Wise enables local payouts to Nigeria for the nth time

Wise (formerly TransferWise) is restarting naira transfers to Nigeria for the third time after a two year pause. This time it will have to compete with other local and well-funded players like LemFi and Flutterwave $end.

Stripe to soon allow US retailers to sell directly to Nigerians

Nigeria is one of the two markets where Stripe has begun to allow merchants to accept local payment methods without having to set up a local entity.

Nigeria stakes claim in Bay Area with Startup House

Nigeria has announced plans to launch a Startup House in the San Francisco Bay Area to drive investment and boost the visibility of the country's startup ecosystem.

Starlink has gone dark in Zimbabwe

The Southern African country's regulators have been on to the satellite internet service since September last year

Thepeer, a startup facilitating inter-wallet operability in Africa is shutting down

Three-year-old seed-stage African API fintech, Thepeer is shutting down after raising nearly $2.5 million in funding.

Sim Shagaya launches The Honey Badger Fund (HBF) to back African entrepreneurs

Sim is popular for pioneering the e-commerce movement in Nigeria through his company, Konga which he founded in July 2012. He raised about $80 million with Konga pre-2020 when capital was scarce in the African tech ecosystem.

How the 2023 predictions by African investors turned out

We evaluated African investors' predictions on Series A funding, global VC, fintech consolidation, valuations cut, identity startup growth, and the return of global talent.

A day with Frank Atat, one of the masterminds behind the fintech-bank collaboration in Nigeria

Frant Atat was one of the few Nigerian banking executives in fintech before it became a fad. When he started, it was different from what fintech is today; back then, it was called business solutions. 

Exclusive: Troubled Ghanaian fintech, Dash set to lay off 50% of its staff

Seven months after Dash CEO was suspended to enable a financial audit, the Ghanaian fintech plans to downsize its workforce by 50% due to its inability to raise additional funding.

UK passport, a better pair for Nigerians than US & Canada, Henley Passport Index reveals

Although Nigerians are more likely to emigrate to Canada, new data from Henley Passport Index reveals that the UK passport is better for Nigerians than US or Canadian passports, as of Q3 2023.