When Gigbanc‘s co-founders sat down to write their farewell letter, they described the decision to shut down as one of the hardest of their careers. But in Nigeria’s tech ecosystem, that letter now joins a growing, painfully consistent startup graveyard. Over the past two years, at least half a doze
The startup joins other fintechs such as Grey, Flutterwave, and Raenest, which offer stablecoin-powered payment products that enable businesses to collect international payments, hold dollar balances, and pay suppliers across multiple markets, reflecting a broader shift in how fintechs are approachi
Speed is a competitive advantage in Nigeria's $2.1 billion digital lending market. Fintech lenders promise approvals in minutes, using automation to move borrowers from application to disbursement with as little friction as possible.
Nigeria’s Office for Digital Innovation, an initiative under the National Information Technology Development Agency, is accepting applications from cybersecurity startups to exhibit at the International Cybersecurity Conference (ICSC) 2026, scheduled for October 27–28 in Abuja. Applications close Ju
South African card-linked instalment platform Float has expanded into the United Kingdom (UK) in a move supported by the UK Government’s Global Entrepreneur Programme, which brings high-growth international businesses into the UK market. Founded in 2021, Float is a card-linked instalment platform th
South African startup HyperDev has raised US$1 million in pre-seed funding from a network of venture capital investors from Europe and the UK, as the generative AI software development platform approaches 100,000 users. HyperDev, which launched its alpha testing versions in 2025 and launched a versi
Flutterwave has secured a strategic investment from Circle Ventures to expand USDC-powered payments and settlement across Africa, as the continent’s largest fintechs race to capitalize on growing demand for faster and cheaper cross-border transactions using stablecoins. The investment, whose value w
Keyper, a UAE startup that lets tenants pay rent monthly while landlords receive annual payments upfront, has raised $11 million in Series A funding as it scales a platform targeting one of the Gulf’s largest yet least-digitized financial markets. The round was led by Speedinvest and included NeoVen
Avenews, a Kenyan agricultural fintech lender, has partnered with distributor Paves Vetagro Ltd to expand working-capital financing for agro-dealers and stockists across Western Kenya, deepening efforts to ease liquidity constraints in one of the country’s busiest agricultural trading corridors. The
In today's edition: Quick Fire 🔥 with Opeyemi Folorunsho || Ghana opens auction for 5G licence || Central African Bank joins PAPSS || Who secured the bag? 💰
SBS AI Foundation Enables Banks to Move from AI Experimentation to Enterprise-wide Roll Out, Fueling Faster Innovation Without Compromising Compliance SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, is laun
When we put together the first State of Health Tech report in 2018, one sector led overwhelmingly. Startups trying to help patients connect with doctors virtually had the highest number. The reason was simple; there was a low barrier to entry, and many of the founders were doctors themselves. It was
| By: Francis Onyemachi The adoption of Artificial Intelligence (AI) in Nigeria is growing rapidly from basic awareness and digital literacy to plans for innovation, economic growth and global competitiveness. Beyond adoption and rising interest from organisations, businesses and government, the nee
South African startup HyperDev has raised US$1 million in pre-seed funding from a network of venture capital investors from Europe and the UK, as the generative AI software development platform approaches 100,000 users. HyperDev, which launched its alpha testing versions in 2025 and launched a versi
Flutterwave has secured a strategic investment from Circle Ventures to expand USDC-powered payments and settlement across Africa, as the continent’s largest fintechs race to capitalize on growing demand for faster and cheaper cross-border transactions using stablecoins. The investment, whose value w
