Nigerian Fintech Startup, Kuda, secures US$55mn in Series B funding for operational expansion
The bank said the funds raised through its London entity will be used to expand its Nigerian operations and to prepare for its launch in other African countries. Read more
Guidewheel Secures $8mn Series A From Greycroft
That leaves teams wrestling with manual data entry and putting out fires and manufacturers typically lose more than 20 percent of production time as a result, at a cost of more than US$3 trillion in waste each year. Read more
In with the young: Why fintechs need young thinkers to thrive
The rapid growth in fintechs and startups illustrates the growing demand by customers for service providers that deliver more responsive and affordable solutions that are better tailored to their needs. Read more
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JASIRI creates mental health-tech Vimbo to promote entrepreneurs
The app allows JASIRI cohorts to learn mental health basics, develop coping strategies to tackle problematic behaviors and anxieties and learn meditation and journaling. Read more
Nigeria’s Releaf startup set to make regional expansion
Ninety percent of factories are also running at below 50 percent of their installed capacity due to scarcity of quality raw materials and the capital to purchase them. Read more