Category: Incubation
Lazerpay, African cryptocurrency, goes bankrupt
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The demise of Lazerpay, an African cryptocurrency payment network, has demonstrated how dangerous it is to start a…
Salad Finance offers pre-payday cash innovations
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The lending apps that have evolved in response to the demand for fast cash, salary advances, etc., have…
Egyptian ed-tech startup ‘almentor’ secures $10m funding
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Egypt’s almentor, the leading online video learning platform in Arabic, has raised $10 million in pre-Series C funding…
Zumi shuts down Again, laying off 150 workers
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The Kenyan business-to-business (B2B) e-commerce startup Zumi has shut down because it was unable to get sufficient funds…
FairMoney purchases PayForce for merchant digital banking
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FairMoney, a Nigerian credit-led digital banking platform, has acquired PayForce, a small company merchant payment service, as the…
Kuda removes 25 free monthly transfers for “SoftPOS” commercial accounts
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Kuda, a digital bank in Nigeria, has announced a change in pricing that would result in the introduction…
Mastercard, Xsolla partner to facilitate payments for video games commerce
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Mastercard and Xsolla, a global company specialising in video game commerce, have formed a partnership to facilitate payments…
Africa gets internet connectivity boost as international subsea cable arrives Durban
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2Africa, an international subsea cable (submarine telecommunications cable) which aims to expand internet connectivity and help boost Africa’s…
5 dating apps for Valentine’s Day
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Welcome to February and a reminder of Valentine’s Day. It’s that time of year when love is shown…
Investors reconsider shares investment in Jumia stocks
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Baillie Gifford, an asset management company based in Edinburgh known for its propensity for pre-IPO digital businesses, has…
