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As 2024 comes to a close, we look back on a year marked by global economic upheaval resulting from inflation, widespread market volatility, and a general slowdown in business investments. The global startup ecosystem felt the impact of the global economic drawback with African startups facing particularly tough challenges. Basically, 2024 gave us a reality […]
AU Startups·11/15/2024
The Central Bank of Nigeria released a circular on Monday, May 6th, instructing all banks to commence deducting a 0.5% cybersecurity levy on all electronic transactions processed from accounts domiciled with them. The directive will take effect two weeks from Monday, May 20th, 2024, and will affect all commercial, merchant, non-interest, and payment service financial […]
AU Startups·5/9/2024
The Nigerian fintech industry recently had a regulatory shakeup with the Central Bank’s NIBSS directive to purge all unlicensed digital money deposit operators from NIP funds payment channels. The memo, which was circulated to all relevant financial institutions and service providers on the 5th of December, 2023, states that “listing non-deposit-taking financial institutions such as […]
AU Startups·12/16/2023
Pulley
Pulley provides tools for startups to manage their cap table.
Kudi
Kudi changed its name to Nomba to expand its services to more businesses.
BetDemand
A DeFi platform offering no-loss crypto staking for predicting game outcomes.
Laboremus
B2B fintech company creating financial technology solutions for clients in East Africa and Europe.
Masa Finance
Hybrid credit protocol and decentralized credit bureau.
Kwaba
Fintech startup providing savings, loans, and installment payments for homes.
Radar
A South African HR and payroll startup.
SnapScan
Mobile payments provider SnapScan acquired HR and payroll startup Radar.
