Nigeria
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Funding
Frain Technologies Raises $473K In Pre-Seed Funding To Build Webhooks Infrastructure
Frain technologies, a Nigerian developer-tooling startup dedicated to building webhooks infrastructure has recently completed a $473k pre-seed round. The pre-seed…
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Fintech
Fintech Farm Raises $7.4 Million In Funding, Set To Expand To Nigeria
Fintech Farm, a newly launched fintech firm has announced a seed funding raise of $7.4 million to expand into Nigeria…
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Nigerian Tech Startups Have Raised $1.7 Billion In 2021 – US Ambassador
With $1.7 billion, Nigeria attracted 60% of the total money raised by tech startups in Africa in 2021. This was…
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Market Research and Intelligence
Data Weekly GFA tracks startup funding in Africa based, on our belief that venture capital provides a runway for the…
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Nigeria’s B2B startup Alerzo acquires fintech firm Shago payments to scale its operations
Retail-tech startup Alerzo is taking serving mom-and-pop stores in Nigeria to another level, with the recent acquisition of FinTech company Shago Payments to provide…
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Nigeria’s delivery startup, ShapShap, secures investment from GreenTec Capital
ShapShap, a delivery platform that specializes in deliveries in Africa’s fragmented logistics industry, has secured an undisclosed investment sum from GreenTec Capital Partners, an…
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Nigeria’s fintech API startup, OnePipe, lands US$3.5mn in seed round
OnePipe, a fintech API company, has announced that it raised US$3.5mn in seed funding to expand its embedded finance service.…
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Nigeria’s B2B Retail Platform, Sabi, Secures US$6mn Bridge Round
Sabi, a one-year-old retail platform that is a spinoff from Rensource (an African energy firm that provides consumers with power-as-a-service)…
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Cellulant Joins Forces with fintech company ImaliPay to drive gig for workers’ financial inclusion
ImaliPay, the one-stop financial platform for Africa’s gig workers, has teamed with pan-African payments company Cellulant (www.Cellulant.com), for its payments…
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Nigeria-based cryptocurrency exchange, Busha, secures US$4.2mn seed round from Jump Capital
Nigeria-based cryptocurrency exchange Busha, which helps people buy, sell and store cryptocurrency has announced that it secured US$4.2mn seed round to…
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