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.

  • Sorted raises $4.4M to power stablecoin wallets for basic phones

    The push to expand digital finance into underserved markets has taken a new turn with the latest funding milestone from Sorted, which has raised $4.4 million to accelerate the rollout of stablecoin-powered wallets designed specifically for users on low-cost and legacy mobile devices. At the heart of Sorted’s mission is a simple but ambitious idea:…

  • Africa’s payments app ranking: OPay leads, PalmPay rises, Afriex breaks in

    Across Africa’s rapidly evolving digital finance landscape, a new kind of competition is emerging—one that is no longer just about user acquisition or flashy features, but about structured performance rankings that attempt to standardise how payments apps are judged. At the centre of this shifting narrative, OPay has emerged as a dominant leader, PalmPay is…

  • GoTyme Bank launches staff ownership drive amid fintech talent battle

    South Africa’s fintech sector is entering a new phase of competition for top talent, and GoTyme Bank has made a bold move to stay ahead. The fast-growing digital lender has launched an employee ownership initiative that gives all staff members a direct stake in the business, signaling a major shift in how African fintech companies…

  • Cloud9 buys Mtickets to expand its lifestyle banking vision

    Kenyan digital bank Cloud9 acquired ticketing platform Mtickets in a $773,000 all-stock deal not simply to enter the entertainment business, but to move closer to how young Africans live, spend, and experience money every day. For Cloud9 founder Tesh Mbaabu, banking is no longer just about storing cash or processing transactions. Modern finance, especially for…

  • From tough beginnings to transforming HR with AI

    In the turbulent years of military-era Nigeria, when uncertainty shaped everyday life, and opportunities were often limited by politics, poor infrastructure, and economic instability, a young boy discovered something powerful: the ability to build. He did not grow up surrounded by advanced computers or modern innovation hubs. Instead, he learned in crowded classrooms, with unreliable…

  • Checker raises $8M for Africa and Asia growth

    Stablecoin payments infrastructure startup Checker has raised $8 million in fresh funding as it accelerates expansion plans across Africa and Asia, underscoring growing investor confidence in blockchain-based financial infrastructure for emerging markets. The funding round was led by major investors including Galaxy Ventures, Framework Ventures, and Al Mada Ventures. Additional backing came from regional investors…