Lagos-based FinTech PalmPay has doubled its user base in the last six months to reach 10 million users in Nigeria. Since its 2019 launch, PalmPay has...
Nigeria-based FinTech Grey has raised $2 million in seed funding, toward its goal of simplifying the sending and receiving of foreign payments for Africans, a...
Nigerian B2B eCommerce company Omnibiz has raised $15 million in a pre-Series A funding round and said it plans to expand further in the region....
Pastel, a Nigerian merchant platform and bookkeeping startup formerly known as Sabi Cash, has raised $5.5 million in a seed financing round in addition to...
In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Nigeria...
As it deals with a growing financial crisis, Nigeria is preparing to implement a 5% tax on voice calls, text messages and mobile data. As...
In July, the Nigeria Startup Bill (NSB) passed through the country’s House of Representatives, a week after the Senate voted in favor of it. The...
There’s a huge gap in working capital financing for small- and medium-sized businesses (SMBs) in emerging markets across Africa, estimated at about $340 billion by...
Nigerian payment app and social commerce platform Abeg on Monday (July 27) rebranded itself as Pocket by Piggyvest. The rebranding coincides with news that the...