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Smartgenix wins top honors at Junior Achievement Africa’s 2024 entrepreneurship competition
Nigeria’s innovative youth-led startup Smartgenix has been named the grand prize winner at the 15th edition of the Junior Achievement (JA) Africa Company of the Year Competition, solidifying its status as a leading example of young entrepreneurial talent on the continent. The competition, which brings together student-run businesses from across Africa, celebrates innovation, business acumen,…
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Roam invites everyday investors to join its $20M funding round
African fintech startup Roam has announced a groundbreaking move to include everyday investors in its latest funding round, aiming to raise $20 million in a pre-Series B round. This initiative signals a shift in startup financing across the continent, making investment opportunities previously reserved for venture capitalists and high-net-worth individuals accessible to a broader audience.…
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Safety features drive increased ride-hailing adoption despite security risks
Ride-hailing platform Bolt has released new insights indicating a steady rise in airport-bound trips across major Nigerian cities, despite increasing concerns about insecurity and travel-related risks. The data, drawn from millions of rides on the platform, highlights a shift in commuter behavior and suggests that air travel demand remains resilient even as safety challenges persist…
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Regulators push for greater interoperability to modernize global payment systems
The global push toward more efficient, secure, and affordable cross-border payments is gaining momentum, driven by growing regulatory support and rapid technological innovation. As international trade, migration, and digital commerce continue to expand, regulators across multiple regions are implementing frameworks that enable fintech companies, banks, and payment infrastructure providers to deliver smoother, faster, and more…
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Techpoint Africa’s Pitch Friday alumni secure major funding boost at Zenith Bank Tech Fair
A fast-rising Nigerian startup that once refined its business concept at Techpoint Africa’s Pitch Friday has emerged as the grand prize winner of ₦30 million at the 2024 Zenith Bank Tech Fair, marking a major milestone in its entrepreneurial journey. The victory not only highlights the startup’s rapid growth but also underscores the important role…
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Kuda unveils new compliance and workplace transparency measures following tribunal ruling
The UK Employment Tribunal has dismissed a gender discrimination lawsuit filed against digital banking platform Kuda and its Chief Executive Officer, bringing closure to a case that had drawn significant attention within the fintech and startup community. The claimant, a former employee, had alleged that she was unfairly treated and subjected to gender-based bias during…
