Tech Updates
Stay up-to-date with the latest advancements in technology with our Tech Updates segment.
Techstars Lagos Accelerator Program Shuts Down
After two successful cohorts, the ARM Labs Lagos Techstars Accelerator program has officially concluded, discontinuing its third cohort which began March 2024. This...
Mosopefoluwa1 Mins read
Bamboo Expands to Canada, Launches Remittance Service
Nigerian fintech startup, Bamboo, has announced its expansion to Canada and the launch of its remittance service, Coins by Bamboo. The move to...
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Nigerians Struggling Amidst Economic Hardship: Piggyvest Report
A recent report by Piggyvest, a popular savings platform in Nigeria, has revealed a stark decline in the financial well-being of Nigerians. The...
Mosopefoluwa1 Mins read
Moniepoint Secures $110M Series C, Valued at $1 Billion
Nigerian fintech startup Moniepoint has successfully raised $110 million in a Series C funding round, led by Development Partners International (DPI). This significant...
Mosopefoluwa1 Mins read
SendStack Pivots: From Last-Mile Delivery to Enterprise Logistics
SendStack, a Nigerian logistics startup backed by OnDeck, is making a strategic shift away from its last-mile delivery product, DLVR, to focus on...
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OmniRetail Acquires Traction Apps to Boost Payment Solutions
Nigerian B2B eCommerce startup, OmniRetail, has solidified its position in the fintech market by acquiring Traction Apps,
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Meta Fires Employees Over Dinner Voucher Misuse
Meta fires and terminates the employment of approximately two dozen employees at its Los Angeles office due to the misuse of a $25...
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Octavia Carbon Raises $5 Million to Scale DAC Technology
Octavia Carbon, a Kenyan cleantech startup, has secured a $5 million seed round to expand its direct air capture (DAC) storage plant. The...
Mosopefoluwa1 Mins read
