Africa’s startup funding slump fuels wave of mergers and acquisitions – Businessday NG
The prolonged slowdown in venture capital funding is increasing mergers and acquisitions across Africa’s technology ecosystem, as startups choose consolidation…
Tag: Businessday
Africa’s startup funding slump fuels wave of mergers and acquisitions – Businessday NG
The prolonged slowdown in venture capital funding is increasing mergers and acquisitions across Africa’s technology ecosystem, as startups choose consolidation…
Nigerian startup beats 500 rivals to give Africa first UN AI innovation crown – Businessday NG
Nigeria’s fintech startup Nearpays has become the first African company to win the grand finale of the AI for Good…
Gigbanc to wind down operations as funding challenges persist for Nigerian fintechs – Businessday NG
Gigbanc has announced plans to wind down its operations as it becomes the latest casualty of the difficult fundraising environment…
Alliance-backed Timon expands into Kenya after crossing 100,000 users – Businessday NG
Timon, a stablecoin-powered travel payments startup, is expanding its operations in Kenya after surpassing 100,000 users across Africa, a milestone…
How a Lagos fintech cracked Africa’s hardest payments puzzle with N60 transactions – Businessday NG
In a small office on Adeola Odeku Street in Victoria Island, Lagos, a young fintech startup was trying to solve…
Nigeria’s next tech boom may not be fintech as founders bet on enterprise software, digital infrastructure – Businessday NG
For more than a decade, fintech has dominated Nigeria’s technology sector by attracting billions of dollars in investment and producing…
The biggest winners of Africa’s $1.5bn startup funding boom in H1 2026 – Businessday NG
African startups attracted more than $1.5 billion in disclosed funding during the first half of 2026, showing that investors remain…
Konga-backed Stabyl raises $2.7m to fix Africa’s broken foreign exchange market – Businessday NG
A new Nigerian-founded fintech startup, Stabyl, has emerged from stealth mode with $2.7 million in pre-seed funding to tackle one…
Daya raises $2.4m pre-seed to power stablecoin payments for African cross-border trade – Businessday NG
African fintech startup Daya has secured $2.4 million in pre-seed funding to build a stablecoin-powered financial operating system for businesses…
Why bank payment spin-offs could trigger Africa’s next fintech deal wave – Businessday NG
For years, Africa’s fintech boom has been defined by startups such as Flutterwave, Moniepoint and Wave, which built large payments…
Why bank payment spin-offs could trigger Africa’s next fintech deal wave – Businessday NG
For years, Africa’s fintech boom has been defined by startups such as Flutterwave, Moniepoint and Wave, which built large payments…
African Health startup targets diabetes, hypertension costs with AI-powered monitoring platform – Businessday NG
Nigerian health technology company Medlitics Limited has launched an artificial intelligence-powered platform aimed at changing how chronic diseases such as…
Meta invests $900m in Indian fintech Cred, appoints its founder as new WhatsApp chief – Businessday NG
Meta Platforms has announced it is investing $900 million in Cred, a popular Indian fintech startup. As part of the…
What Bluechip’s acquisition of YarnGPT signals for Nigerian tech startups – Businessday NG
The conversation surrounding artificial intelligence in Africa has shifted from superficial chat interfaces to deep enterprise integration, localised language models,…
Bluechip acquires Nigerian AI startup YarnGPT, signals new era for African innovation – Businessday NG
African technology company Bluechip Technologies has acquired Nigerian artificial intelligence startup YarnGPT, marking a major milestone for local innovation and…
Four Nigerian startups make Bloomberg’s 2026 ‘Startups to Watch’ list – Businessday NG
Nigeria’s startup has secured a presence in Bloomberg’s latest ‘Startups to Watch’ list, represented by four companies who stand out…
Built for global payments, forgotten by the market: Inside Chimoney’s collapse – Businessday NG
A fintech startup built to simplify global payments across continents has shut down operations after four years, exposing not only…