Nigerian fintech startup - Thepeer - shuts down; returns investor funds
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In a move considered rare for the African tech startup scene, Nigerian fintech company, Thepeer, has announced it is shutting down operations…
Kenyan electric bus maker - BasiGo - raises $3m to push expansion in East Africa
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BasiGo, a pioneering electric mobility startup based in Kenya, has secured $3 million in equity funding from French multinational CFAO Group. The…
MTN Group to invest billions in boosting Data and Fintech services across Africa
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In a move to solidify its position in the rapidly evolving digital landscape, MTN Group, the telecommunications giant, has announced plans to…
Nigerian fintech startup - Zone - raises $8.5M to revolutionize payment infrastructure
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In a significant move that could reshape the payment landscape in Africa, Zone, a Nigerian fintech startup, has secured $8.5 million in…
Flutterwave COO Bows Out Barely Four Months After The Exit Of Three Finance Executives
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After a notable stint at Flutterwave, Bode Abifarin, the company’s Chief Operating Officer (COO), has announced her resignation, marking the departure of…
Flutterwave's Chief Operating Officer departs amidst executive exits
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In a move that adds to the recent string of high-profile departures from Flutterwave, the African fintech giant’s Chief Operating Officer (COO),…
Flutterwave Appoints Olajumoke AdenowoInto Its Board Of Directors
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Flutterwave was founded in 2016 by Iyinoluwa Aboyeji, Olugbenga Agboola, and Adeleke Adekoya and is headquartered in San Francisco, California with operations…
Google to shut down Google Pay and consolidate payment services under Google Wallet
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Google has announced it will be shutting down its Google Pay app on June 4th, 2024. The move comes as part of…
FairMoney in talks to acquire Umba in $20M all-stock deal
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FairMoney, a Paris-based digital bank operating in Nigeria, is engaged in early discussions to fully acquire fintech startup, Umba, in an all-stock…