Archives Tag: tech
Flutterwave Expands into North Africa
April 19, 2022
In March 2021, Flutterwave announced its $170 million Series C funding and revealed plans to expand its payment network to Egypt, Morocco, and Tunisia by the first quarter of 2021. It’s uncertain if these plans have already been implemented, but the African FinTech firm has recently hired Omar Marwan, a former business development manager … Continue reading Flutterwave Expands into North Africa
Solving Nigeria’s Mortgage Crisis: The Role of FinTech
April 19, 2022
According to experts, there are growing opportunities in unlocking the potential of Nigeria’s mortgage sector valued at over N6.4 trillion but lack of awareness, accessibility, security, lack of infrastructure and government policy are dampening demand. The mortgage sector in Africa’s biggest economy, according to them, is grappling with the high cost of construction, surging … Continue reading Solving Nigeria’s Mortgage Crisis: The Role of FinTech
Gifty Introduces Platform for Building Digital Stores
April 19, 2022
Nigerian company Gifty has introduced a platform that enables merchants to establish a digital store where they can showcase their products and receive orders through direct messaging. The platform was founded in January 2022 by Victor Akpan (CEO), David Enejison (CTO), and Francisca David (COO) and can be set up in under five minutes. … Continue reading Gifty Introduces Platform for Building Digital Stores
Flutterwave Cleared of Fraud Accusations
April 19, 2022
Flutterwave, a Nigerian fintech company, has been acquitted of money laundering charges that were made against it by the Kenyan Asset Recovery Agency (ARA) seven months ago. The charges resulted in a freeze of around $56.7 million in the company’s account. The withdrawal of the charges has been confirmed by Robert Gitau, a lawyer … Continue reading Flutterwave Cleared of Fraud Accusations
Lenda Raises $520,000 In Pre-seed Funding
April 19, 2022
Lenda, a Nigerian fintech company providing financing to micro, small and informal retailers, has received $520,000 in pre-seed funding to accelerate its growth. The Lagos-based startup, founded in 2021, enables small businesses to quickly obtain affordable credit with no upfront collateral in under six hours through its data-driven credit-scoring platform. The platform assesses character … Continue reading Lenda Raises $520,000 In Pre-seed Funding
P2P Lending Platforms and Nigerians in the Diaspora
April 19, 2022
A P2P lending platform for Nigerians in the diaspora aims to provide a convenient and secure platform for individuals to lend and borrow money. The platform utilizes technology to match lenders with borrowers and facilitate transactions. It offers an alternative to traditional banking systems and allows lenders to earn a return on their investment … Continue reading P2P Lending Platforms and Nigerians in the Diaspora
10 FinTech Solutions for Nigerians in the Diaspora
April 19, 2022
Nigerian diaspora refers to the large number of Nigerians who live outside the country, mainly in developed countries. They play a crucial role in the Nigerian economy, sending remittances and investing in businesses. With the rise of digital technologies and FinTech startups, the Nigerian diaspora can benefit from innovative FinTech solutions that cater to … Continue reading 10 FinTech Solutions for Nigerians in the Diaspora
Rise of Super-Apps in Africa and How to Develop One
April 19, 2022
Super apps are multi-functional, all-in-one mobile application that provides a range of services to their users. Super apps typically offer services such as communication, entertainment, finance, shopping, transportation, and more, all within a single platform. The goal of a super app is to provide a seamless and integrated user experience by eliminating the need … Continue reading Rise of Super-Apps in Africa and How to Develop One
What You Should Know About Starlink
April 19, 2022
SpaceX’s Starlink generated excitement in Nigeria after Elon Musk announced its arrival via tweet in May 2022. The fast internet speed offered by Starlink is a solution for Nigeria’s unreliable internet. It is popularly known that Technology has the potential to transform lives in rural areas, but only with internet access. On the other … Continue reading What You Should Know About Starlink
Cleantech Opportunities In Nigeria
April 19, 2022
Nigeria, with its large population and rapidly growing economy, has tremendous potential for CleanTech development. CleanTech refers to technologies and practices aimed at reducing the negative impact of human activities on the environment and promoting sustainability. The following are some of the key opportunities in Nigeria for CleanTech development. Read more about Tech Renewable … Continue reading Cleantech Opportunities In Nigeria
7 Ways Retail Outlets in Nigeria Can Utilise Mobile Apps
April 19, 2022
Retail outlets in Nigeria, especially in urban areas, are increasingly turning to mobile apps to reshape the in-store shopping experience. These apps are helping retailers to better understand customer needs and preferences, improve the overall shopping experience, and increase sales. Read more about Business Here are 7 ways that retail outlets in Nigeria can … Continue reading 7 Ways Retail Outlets in Nigeria Can Utilise Mobile Apps
106 Digital Lenders Are Now Licensed To Operate In Nigeria
April 19, 2022
The Federal Competition and Consumer Protection Commission (FCCPC) has granted permission for 106 digital lenders to operate in Nigeria. This comes after the introduction of a digital lending regulatory framework in August 2022. Out of the 106 digital lenders, 65 have received full approval, while the remaining 41 have been granted conditional approval. Read … Continue reading 106 Digital Lenders Are Now Licensed To Operate In Nigeria
SME Spotlight: Truparse
April 19, 2022
Truparse is a software development and digital creative agency based in Lagos. It provides software engineering, web and mobile app development, digital marketing, and User Interface/User Experience services to businesses. It also builds solutions ranging from relatively simple applications to complex, bespoke enterprise software for clients of all sizes and in diverse industries. Read … Continue reading SME Spotlight: Truparse
PropTech Industry: Ten Leading Trends for 2023
April 19, 2022
Studies on industry trends are very important for businesses and their founders as they will help them plan, restrategize, revamp and remodel their operations. It’s also good for investors as well as various industry stakeholders who may glean these trends and make the right decision when it comes to investments and other business undertakings. … Continue reading PropTech Industry: Ten Leading Trends for 2023
10 Predictions and Trends for the African Mobility Industry In 2023
April 19, 2022
In Africa, small and medium-scale car dealers comprise almost 82% of the car dealership market, and most of these merchants sell second-hand automobiles at high prices due to inadequate financing. In emerging markets like Vietnam, India, Brazil, Indonesia, Malaysia, and a substantial fraction of Latin America the average of institutional credit in automotive transactions … Continue reading 10 Predictions and Trends for the African Mobility Industry In 2023
