UK based Fintech money transfer service Azimo has partnered with leading African payments business Interswitch Group. The announcement came during a UK trade delegation to Africa arranged by the PM’s office. Azimo was the loan Fintech to join the small group of firms traveling to… Read More
Paxful, a global peer-to-peer bitcoin technology company, announced on Thursday it is set to build a blockchain technology incubation hub in Lagos, Nigeria, as part of its growing investment in Africa. The company reported that it has appointed Chuta Chimezie as Regional Director of Africa. He will be responsible… Read More
Nigeria officially has its first bobsled team, all thanks to the team’s crowdfunding campaign on GoFundMe. The team, which consists of female athletes Seun Adigun, Ngozi Onwumere, and Akuoma Omeoga, launched the initiative in January, seeking $75,000 so that they could get the 2018 Winter Olympic… Read More
Digital financial service company, P2P Cash, announced on Friday it has launched a new money transfer service from George and South Carolina to Nigeria. The company reported that it now offers cross-border money transfer without any fees. P2P Cash, which is a division of software… Read More
Nigerian Kudi Capital Management Ltd announced the public launch of Kudimoney, a fully licensed online lending platform offering unsecured personal loans to consumers in Nigeria. Kudimoney aims to differentiate itself from OneFinance, Kiakia, C24, Snapcredit and QuickCheck by offering uncollateralizedloans to individuals within one hour. The company platform counts over 5,000 registered… Read More
Crowdfunding is a global phenomenon but it is obviously evolving at different speeds in different countries. Africa is one region where the new form of finance can be utilized to benefit the economy. A recent report published by the CrowdfundingHub highlights a single country in… Read More
Emerging Crowd, is UK’s first investment-based crowdfunding platform focusing exclusively on frontier and emerging markets, is now fully operational, according to information provided by the company. Emerging Crowd launched with two “pilot issuers’ in mid-2015 and as of this month is now fully operational. Emerging… Read More
Pavegen has partnered with Shell and Akon in its biggest project yet: Africa’s first people & solar powered football pitch (soccer field for the yanks). The field incorporated 96 energy tiles beneath the turf. The switch was flipped this past Friday representing another successful implementation of… Read More
Nigeria’s Sterling Bank Plc, which manages Social Lender, a modified peer-to-peer lending platform, has increased the minimum amount by three-fold for lending on Social Lender’s social media platforms, according to Guardian News. Besides the increase from N3,000 to N10,000, Sterling Bank also said that it is targeting 6,000… Read More
Ready to help the country of Nigeria grow its very own delicious tomatoes, two Harvard alums, Mira Mehta and Shane Kiernan, launched a crowdfunding campaign on Kickstarter this week to raise $50,000 for their company, Tomato Jos. Although Nigerians love fresh tomatoes and tomato paste,… Read More
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