Articles
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2 days ago |
techcrunch.com | Tage Kene-Okafor
PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy of unicorn status.
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3 days ago |
technewstube.com | Tage Kene-Okafor
Tech News Tube is a real time news feed of the latest technology news headlines.Follow all of the top tech sites in one place, on the web or your mobile device.
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3 days ago |
techcrunch.com | Tage Kene-Okafor
In 2023, co-founders Karim Jouini and Jihed Othmani sold their expense management startup Expensya to Swedish procurement software firm Medius in what is widely considered to be one of the largest acquisitions of an African startup. Some sources say the sum was just over $120 million, although deal terms were not disclosed.
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2 weeks ago |
technewstube.com | Tage Kene-Okafor
Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates…
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2 weeks ago |
techcrunch.com | Tage Kene-Okafor
Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest round includes both fresh equity and previously unannounced seed financing.
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RT @almaasinobi: Stories like these is why I will not rest until we are free. What is all this?? I’m so pissed. THIS IS NOT NORMAL. Somet…
was only a matter of time
So in the past week OpenAI bought a SaaS company for $3 billion, appointed a former Facebook/Instacart ad exec CEO, and got export curbs on GPUs lifted. Looks like they finally stopped pretending they’ll make superintelligence and are pivoting to AI girlfriends with native ads
NEW: @ridwan_olalere recounts his time at one of Africa's fastest-growing fintechs, @OPay_NG, where he helped launch its agency banking business to 50,000 agents. But when it came time to take credit at the company’s Beijing HQ, visa issues tied to his Nigerian passport got in https://t.co/nuS7n5SnfP