Cascador selects 10 Nigerian scale-ups as economy looks beyond fintech – Businessday NG
Cascador has selected 10 Nigerian growth-stage companies for its 2026 ScaleUp Programme, signalling a growing shift in Nigeria’s entrepreneurial ecosystem…
Tag: Businessday
Moove becomes Africa’s latest unicorn after $250m funding round – Businessday NG
Moove, a Nigerian-born mobility company, has joined Africa’s growing list of unicorns after raising $250 million in a Series C…
African venture funding hit decade-high $3.3bn in H1 as investors place larger bets on fewer companies – Businessday NG
African startups and other ventures raised $3.3 billion in the first half of 2026, representing a 73 percent increase from…
How a Lagos startup turned failed OTPs into a $5.3m African infrastructure business – Businessday NG
For millions of Nigerians, an OTP is just a six-digit code that arrives on a phone when they are trying…
How African startups are using AI to solve real-life challenges – Businessday NG
For years, conversations about artificial intelligence (AI) have centred on chatbots, image generators and the race to build powerful large…
Mastercard Foundation EdTech Fellowship backs 12 early-stage Nigerian startups advancing inclusive education through innovation, evidence – Businessday NG
Co-creation HUB, in partnership with the Mastercard Foundation, has selected 12 startups for Cohort 4 of the Mastercard Foundation EdTech…
How Nigeria’s fintech unicorns became too complex for yesterday’s rulebook – Businessday NG
Nigeria’s fintech industry has spent the past decade rewriting the rules of financial services. Companies that began by helping businesses…
Zedcrest acquires Leatherback to strengthen global fintech expansion – Businessday NG
Zedcrest, a Nigerian financial services group, has acquired UK-founded cross-border payments startup Leatherback in a strategic move aimed at expanding…
Seven Nigerian fintechs make CNBC, Statista’s 2026 World’s Top Fintech Companies list – Businessday NG
Nigeria’s fintech ecosystem has reinforced its position as Africa’s largest financial technology hub after six homegrown companies were named among…
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…
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…