Archives Tag: Startups and Investors
Fintech Startup Okra Gets $1 Million Investment from TLcom
April 19, 2022
Okra, a relatively young fintech startup based in Lagos, Nigeria, has gotten backing worth $1 million from venture capital group TLcom. Founded in 2019, the startup has gained traction for its API product, which connects users’ bank accounts to digital apps that may require them for financial transactions. The founding team speaks of it as … Continue reading Fintech Startup Okra Gets $1 Million Investment from TLcom
Carbon Introduces $100,000 Fund for Tech Entrepreneurs
April 19, 2022
Nigerian online payments and lending company, Carbon, has set up a fund to support African tech entrepreneurs. The Disrupt Fund will finance tech-driven startups on the continent to the tune of $100,000, enabling them to expand beyond their native countries into new territories. Details of the initiative were revealed by the fintech in a statement … Continue reading Carbon Introduces $100,000 Fund for Tech Entrepreneurs
Nigerian Tech Companies Raised $747 Million in 2019
April 19, 2022
Nigeria continues to lead Africa in funding for tech ventures. A new report from Partech Africa says that the country’s digital and tech companies received the biggest amount of total investment on the continent in 2019, with about $747 million channeled into them by various venture capitalists. The Partech Africa Report covers funding activity involving … Continue reading Nigerian Tech Companies Raised $747 Million in 2019
Enter the ITDi Alphalab Gear Hardware Cup to Win $50,000
April 19, 2022
If you’re part of a startup that builds hardware, here’s a chance for you and your team to win funding that’ll let you scale your revolutionary solutions. The ITCORE Talent Developer Initiative (ITDi), a non-profit organization pushing for inclusive talent development in Nigeria, has announced a competition for early-stage hardware startups in Nigeria. The contest, … Continue reading Enter the ITDi Alphalab Gear Hardware Cup to Win $50,000
Apply for the $100 Million GroFin Business Fund
April 19, 2022
GroFin is offering to finance small and growing businesses across Nigeria. If you’re an entrepreneur and you need extra capital to scale up, you might get the support you’re looking for from them. Your business could get a boost worth between $100,000 and $1.5 million if your application meets their criteria. GroFin is a private … Continue reading Apply for the $100 Million GroFin Business Fund
Nigerian Fintech Startup Flutterwave is Worth Over $150 Million
April 19, 2022
Silicon Valley based startup incubator, Y Combinator (YC), has listed Nigeria’s Flutterwave as the most valuable African startup to have come through its accelerator program. The incubator had Flutterwave on its list of companies by valuation for the month of October 2019, published on Wednesday. The Nigerian fintech company is one of 102 former members … Continue reading Nigerian Fintech Startup Flutterwave is Worth Over $150 Million
Agritech Focus: All About EZ Farming
April 19, 2022
Nigeria’s agriculture space needs all the innovative solutions it can get. Demand for the products it puts out continues to increase, but the industry’s value chains remain largely underdeveloped and inefficient. Agritech startups are helping various portions of the agric ecosystem lift their performance. They are opening up new funding sources, providing output enhancing technologies, … Continue reading Agritech Focus: All About EZ Farming
Win up to 30,000 USD seed funding at the third edition of GenesysIGNITE
April 19, 2022
Do you have that amazing innovation or idea you believe can solve one of the pressing problems in the society? Only there’s a “but” – major funding? This is another opportunity Genesys Tech Hub is presenting for innovative startups to win seed funding up to $30,000. Genesys Tech Hub Genesys Tech Hub is a people-centred … Continue reading Win up to 30,000 USD seed funding at the third edition of GenesysIGNITE
By aanu-olajide
TechMoney Africa Summit – Where Tech, Money & Innovation Meet
April 19, 2022
Dare we re-imagine a powered up, technologically advanced Africa? A society with reliable electricity supply, stable telecommunications infrastructure, fast and efficient transportation – this could transform Africa and the lives of its 1.3 billion citizens. We are ready to write our own story, change the script, introduce new players and take centre stage. Africa has … Continue reading TechMoney Africa Summit – Where Tech, Money & Innovation Meet
By guestpost
You Could Win $250,000 in Startup Funding at the MIT Inclusive Innovation Challenge
April 19, 2022
If you’re running a startup– or if you know someone who does –then this piece of news from the Massachusetts Institute of Technology might interest you. Through their Inclusive Innovation Challenge, they’re offering tech ventures across the world the chance to get funding worth up to $250,000. The organizers of the Inclusive Innovation Challenge at … Continue reading You Could Win $250,000 in Startup Funding at the MIT Inclusive Innovation Challenge
Five Nigerian Startups Made It to Y Combinator’s 2019 Accelerator Program
April 19, 2022
Y Combinator, a US-based startup accelerator of global renown, has announced that a record number of startups from across the world are taking part in its bi-annual program. And of the more than 200 tech-driven ventures which made it to the program’s winter batch this year, five are Nigerian. Since its founding in 2005, Y … Continue reading Five Nigerian Startups Made It to Y Combinator’s 2019 Accelerator Program
Nigerian Startups Raised $178 Million from Investors in 2018
April 19, 2022
Nigerian startups continue to attract interest from investors, who are now staking more on them than at any other time in the short history of the country’s relatively young ecosystem. That’s what we can surmise from the Nigeria Startup Funding Report 2018, just recently put out by Techpoint Africa. The report indicates that a total … Continue reading Nigerian Startups Raised $178 Million from Investors in 2018
Fin-Tech Startup PiggyBank, now known as PiggyVest
April 19, 2022
PiggyBank, the financial management tech startup is taking big leaps in 2019, stepping into new boundaries and exploring new possibilities in the fin-tech industry where it has garnered admirable influence. In a recently published blog post, PiggyBank announced it’ll be broadening its business coverage, moving from being just a savings product into a ‘robust financial … Continue reading Fin-Tech Startup PiggyBank, now known as PiggyVest
Nigeria is Now Africa’s Foremost Destination for Investment in Startups
April 19, 2022
Nigeria’s startups attracted more funding from investors in 2018 than ventures in other African countries. This was revealed in a report recently published by Disrupt Africa, an online medium tracking the progress of the continent’s startup scene. In what may be seen as a validation of the strides made by startups in the Nigerian tech … Continue reading Nigeria is Now Africa’s Foremost Destination for Investment in Startups
Startup Grind Celebrates Female Entrepreneurs this May
April 19, 2022
May promises to be an exciting month for female founders/entrepreneurs in Lagos as Startup Grind celebrates the tenacity and audacity of the female entrepreneur. In light of this, Startup Grind Lagos will be hosting Pradeep Pahalwani, an accomplished entrepreneur, life coach, and trainer, who in over 23 years has consistently been involved in Nigeria’s trading … Continue reading Startup Grind Celebrates Female Entrepreneurs this May