Chowdeck raises $9 million to fuel Nigeria, Ghana expansion

With a user base exceeding 1.5 million customers, CEO Femi Aluko believes the team is just "scratching the surface."

Exclusive: Collect Africa shuts down to make way for Stablecoin-focused Autospend

“We realised there’s a much larger opportunity to solve a global problem,” said Abraham Ojes, co-founder of Collect Africa.

Carbin Africa to drive TIM Motors’ new & used vehicle rollout in Nigeria

Carbin Africa will support the rollout of new cars while maintaining its focus on foreign-used vehicles

54 Collective faces liquidation over misused Mastercard Foundation grant

The ruling signifies a stark end for the ambitious venture, which was established in December 2022  

Okra not dead: Shuts Nebula, doubles down on payments

Okra is restructuring its core payments business after shutting down its cloud service, Nebula. Despite exit rumours, the fintech remains active and is exploring new backers.

EXCLUSIVE: Midddleman is raising a six-figure pre-seed to dominate global trade

“We hope to use the funds to hire for some key roles, launch campaigns for user acquisition, and build new products for our users,” Cofounder Omolara Sanni said.

EXCLUSIVE: Ex-Moniepoint executive sues unicorn over stock options worth nearly $1M

An ex-Moniepoint staff, claims that the fintech unicorn engaged in malicious actions to deny him of stock options estimated to be worth $889,600 in the secondary market.

EXCLUSIVE: Access Holdings acquired ARM Pensions for ₦152 billion in 2024

The current business combination between Access pension and ARM is sure to give Stanbic IBTC Pension Managers some pressure in pole position.

EXCLUSIVE: Avalon Health Co-Founder Ebrahim exits, starts new venture

Access Health, Ebrahim’s new venture, will focus on reimagining health financing, a major challenge for many across the African continent

BREAKING: Stripe now supports tax payments in five new African countries

By adding tax support in five African nations, Stripe is signalling a deeper commitment beyond just payment processing. It’s building infrastructure for end-to-end compliance across the continent.

Exclusive: Nigerian Fintech Bankly gets acquired by C-One Ventures

Bankly’s CEO and co-founder, Tomilola Majekodunmi, will step back from daily operations but remain involved in an advisory role.

EXCLUSIVE: Earnipay cuts workforce amid profitability push

Earnipay lays off staff as it focuses on business lending, joining a wave of African startups rethinking growth amid a harsh funding climate.