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Adobe walks away from $20 billion acquisition of Figma

The decision to end the acquisition follows mounting pressures from UK and EU regulators.

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LemFi surpasses 550,000 monthly transactions with UK BaaS partner, ClearBank

UK-headquartered ClearBank powers 37,000 virtual accounts/e-wallets for LemFi's customers. In September 2023, LemFi hit 550,000 transactions in a month, according to a statement seen by thecondia.com.

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Exclusive: Co-founder conflict forces YC-backed fintech, Pivo to shut down

A year after raising a $2 million seed round, Nigerian fintech startup, Pivo is shutting down due to a co-founder conflict, according to sources familiar with the matter.

Spotlight

Inside Stephanie Orkuma’s journey: From Canva designs to UX strategy

Nigerian UX strategist and designer, Stephanie Orkuma shares how a tweet inspired her to start her design career journey and tips on personal branding.

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BD Insider 206: Absa Kenya suffers $716,565 fraud loss in 2022

In a recent disclosure, Absa Bank Kenya has revealed a significant financial setback, with the bank losing KSh 107.7 million ($716,566) to fraudulent activities last year.

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X introduces audio and video calling features

X, formerly Twitter, now offers audio and video calling as part of its transformation into an "everything app."

Consumer Tech

Exploring the Google Pixel 8 and Pixel 8 Pro: An In-Depth Review

Google's Pixel 8 series boasts enhanced design, AI-powered camera features, and the longest-ever Android update support.

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BD Insider 202: Patricia seeks to swap owed funds for company shares

Patricia is still struggling to repay debts. We also covered the MoU between Syndicate Bio and the Nigerian Institute of Medical Research.

Spotlight

Pade wants to help employees get paid before payday

EWA provides employees with access to their earned wages when needed, instead of the typical month end remuneration, helping to reduce financial stress and enhance retention.

Newsletter

BD Insider 201: Starlink’s 20% discount fails to make service affordable for most Nigerians

The hardware kits are now available at $386. We also covered 2Africa's Arrival in Nigeria and Tanzania's VPN Permit.

News

Kenya rejects Bolt’s licence renewal over alleged violations

The Kenyan National Transport and Safety Authority (NTSA) has refused to renew Bolt's licence, dealing a blow to the popular taxi-hailing company

Spotlight

Archivi.ng is digitising Nigerian history, with one old newspaper at a time

In recent times, conversations around fraud and the Nigerian youths have dominated popular culture, with the general direction of thought being that it's a result of a gradual moral decline in the last two decades.

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