5 Top Nigerian KYC startups

In Africa, a lot of people do not have a local identity to pass Know Your Customer (KYC). The World Bank estimates that 57% of Africans still don’t have a bank account of any type, including a mobile money account, as Africa accounts for half of the people in the world that have no means of identification.

CBN lifts ban on abokiFX, Bamboo, Risevest and 437 bank accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.

TikTok introduces text based feature

The new format for creating text-based content will broaden options for creators to share on the social media platform.

Clafiya raises $610,000 in pre-seed to reimagine healthcare service delivery in Africa

Clafiya, an African healthtech company, announced its $610,000 pre-seed raise today.

Rwandan digital retail startup Kasha raises $21 million Series B

Kasha, a Rwandan digital retail startup has closed a $21 million Series B round from Knife Capital, a South African venture capital firm.

Bundle Africa shuts down exchange service to focus on Cashlink

Effective September 2023, Bundle Africa's exchange service will cease to exist, the company says it will focus on its P2P platform Cashlink.

“An App impersonated us,” Sycamore reacts to FCCPC delisting, distances itself from “Get Loan”

Following FCCPC's delisting, Nigerian fintech Sycamore says it was impersonated by a predatory lender named “Get Loan”.

Inside Nigeria and Egypt’s fintech alliance to deepen cross-border regulations

The regulators of Africa's leading fintech markets, Egypt and Nigeria have signed a deal to deepen cross border regulations in both countries.

Flutterwave partners with THE DIVE 2023 to unite top product leaders for inaugural event

The DIVE 2023, Africa's premiere conference on product leadership, is delighted to announce Flutterwave, Africa's leading payments' technology company, as its headline sponsor.

MyCover.ai secures $1.25 million pre-seed funding

Ventures Platform leads venture funding to bolster in-house operations, tech talent, invest in its technology and expand into other African markets.

Starlink launches in Kenya as Safaricom gears up for competition

Starlink is now available in Kenya, with Karibu as its authorised reseller in the country. Safaricom says it intends to launch a Starlink competitor in the coming months.

Kenyan content moderators behind ChatGPT ask Parliament to probe Open AI and Sama

Content moderators have asked the Kenyan Parliament to probe Open AI and Sama over alleged exploitation of workers who worked to clean ChatGPT of toxic content.