Microsoft
Acquisition Technology

Microsoft Acquires Nuance, the Speech Recognition Firm Behind Siri For $19.7bn

Microsoft disclosed that it is buying the speech recognition company Nuance in a deal worth about $US19.7 billion. The acquisition

Fintechs
Ecommerce Financial Inclusion Payment

How Fintechs Are Expanding Access to The Unbanked Population

The innovative use of technology in the delivery of financial services is eliciting a positive impact on businesses and customers’

Ampersand
Funding Investment Renewable Energy Venture Capital

Ampersand Secures $3.5m in Sub-Saharan Africa’s Largest Ever Private Investment In Electric Mobility

Ampersand Rwanda Ltd, Africa’s first electric motorcycle company, has just secured a $3.5 million investment from the Ecosystem Integrity Fund

Appzone
Fintech Funding Investment Startup Venture Capital

Pan-African Fintech Platform AppZone Secures $10m Series A Funding

Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the

Mastercard
Report

Mastercard Study Reveals 81% of Nigeria Consumers are Shopping More Online Since the Start of Pandemic

A Mastercard study on consumer spending* has revealed that over four out of five (81%) consumers in Nigeria are shopping

Tanda
Fintech Funding

Kenyan Agency Banking Startup, Tanda Secures Funding to Expand Regionally

Tanda, a Kenyan agency banking startup, has raised backing in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota

CBN
Banking Fintech

In Another Regulatory Clampdown, CBN Bars Fintechs From Using BVN For KYC

The Central Bank of Nigeria (CBN) has reportedly barred fintech companies and other non-bank financial institutions in Nigeria from providing

DLM Trust
Acquisition Banking Fintech

DLM Capital Group to Tap into Nigeria’s Fintech Opportunity, Acquires MFB License

DLM Capital Group, a leading developmental investment bank, has today announced its plans to expand into Nigeria’s million-dollar fintech sector

Paymob
Fintech Funding Investment Venture Capital

Paymob, an Egyptian Fintech Startup, Raises $18.5m Series A Funding Led by Global Ventures

Paymob, an Egyptian fintech startup, has raised $18.5 million in a series A round led by Global Ventures. The round

SEC
Investment

FG Declares Foreign Stock Trading Platforms Like Bamboo, Trove, Rise and Others Illegal

The Federal Government through the Securities and Exchange Commission (SEC) has declared the activities of stock trading and investment platforms