Nigerian fintech startup pivots to power Africa's clean energy future
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Nigerian fintech startup Payhippo has undergone a strategic transformation, rebranding as Rivy and securing $4 million in pre-Series A funding to address…
Sam Altman's World Network explores Visa partnership for crypto payments
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OpenAI CEO Sam Altman’s cryptocurrency project, World Network, is in advanced discussions with Visa to develop an innovative payment wallet that could…
Adeniyi Abiodun launches $1.3m fund to train Nigerian software engineers
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Adeniyi Abiodun, co-founder and Chief Product Officer of Mysten Labs, a blockchain firm, has launched a $1.3 million endowment fund with his…
Nigerian edtech startup - Edukoya - shuts down, returns investor capital
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Nigerian education technology startup, Edukoya, has officially ceased operations after three years, citing market challenges that made scaling its online learning platform…
SoftBank eyes massive $25 billion investment in OpenAI
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Japanese investment giant, SoftBank, is in talks to invest up to $25 billion in OpenAI, the company behind ChatGPT. The move will…
Uber-backed Moove acquires Brazilian mobility startup - Kovi - to fuel global expansion
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Nigerian fintech startup, Moove, has acquired Brazilian car rental company Kovi in an all-share deal. The acquisition propels Moove’s annual revenue to…
Gates-Backed i3 to Invest $1.6m in 15 African Health Startups
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Investing in Innovation Africa (i3), a Pan-African initiative backed by the Gates Foundation and major pharmaceutical companies, has announced a $1.6 million…
Visa backs Nigerian fintech giant, Moniepoint, in Strategic Investment
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Global payments company, Visa, has made financial input to boost digital payments in Nigeria, and Africa. This was done through a strategic…
South African fintech - Stitch - acquires ExiPay; to bridge online-offline payment gap
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South African payments infrastructure company Stitch has acquired ExiPay, a move that marks a significant expansion into in-person payment solutions. The acquisition,…