TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Yourchecka Brings Trust to Recruitment

    Hiring the right employees has become one of the biggest challenges facing modern businesses, especially as companies compete for skilled talent while trying to protect their operations, reputation, and sensitive information. Nigerian background verification platform Yourchecka is addressing this challenge by helping organizations make safer and more informed hiring decisions. The company provides digital background…

  • PalmPay Strengthens Leadership Team

    Nigerian fintech company PalmPay has strengthened its leadership team with the appointment of Samuel Oluyemi, a former senior executive at the Nigeria Inter-Bank Settlement System (NIBSS), as its new Chief Operating Officer (COO). The appointment is expected to support PalmPay’s continued growth as it expands its digital financial services and strengthens its position in Nigeria’s…

  • All On Boosts Nigeria’s Off-Grid Energy Sector

    African fintech company Accrue has launched a stablecoin-powered cross-border banking platform aimed at helping businesses move money faster, reduce transaction costs, and simplify international payments. The new solution is designed to address one of the biggest challenges facing African enterprises—access to efficient and affordable cross-border financial services. The platform enables businesses to send, receive, and…

  • Accrue Eyes African Trade with Digital Banking Platform

    African fintech company Accrue has launched a stablecoin-powered cross-border banking platform aimed at helping businesses move money faster, reduce transaction costs, and simplify international payments. The new solution is designed to address one of the biggest challenges facing African enterprises—access to efficient and affordable cross-border financial services. The platform enables businesses to send, receive, and…

  • Gigbanc Winds Down Amid Funding Challenges

    Nigerian fintech startup Gigbanc has announced that it is winding down its operations after three years in business, citing a difficult fundraising environment and rising operating costs. The decision highlights the growing pressure facing early-stage startups across Africa as venture capital becomes more selective despite continued interest in the continent’s technology sector. Founded in 2023,…

  • West Africa Targets Title of Africa’s Most Connected Fintech Ecosystem

    West Africa is intensifying efforts to become Africa’s most connected fintech ecosystem, with governments, regulators, financial institutions, and technology startups working together to remove barriers to cross-border digital payments and financial services. The push comes as the region seeks to capitalize on the rapid growth of financial technology across the continent, where mobile money, digital…