Following the shutdown of FTX last year, Chipper Cash saw its valuation slashed from $2 billion to $1.25 billion.
ByteDance Ltd., the Chinese parent company of TikTok, has been valued at $220 billion in a recent private-market investment by Abu Dhabi AI firm G42. This...
Nigerian credit-led digital banking platform Fairmoney has acquired Payforce, a merchant payment service to build a robust network of financial service points to aid small businesses...
American technology startup accelerator Y combinator has announced plans to scale down on late-stage investments as it reveals plans to realign its priorities to focus more...
VC companies like the Y combinator accelerator which help African Tech startups raise funds were reported to be affected, as 30 percent of their portfolio companies...
American cloud-based typing assistant Grammarly has recently rolled out GrammarlyGo, a ChatGPT AI-powered tool, to enhance users writing. With GrammarlyGO, users can draft documents, compose and...
Starlink users in Nigeria have expressed dissatisfaction over the usage of the satellite internet service due to several challenges plaguing the service. With just two months...
Nigerian Fintech firm Flutterwave has been reported to be involved in another fresh trial in Kenya, weeks after its first case was closed. Reports disclose that...
A recent report by the Nigeria Communications Commission (NCC) revealed that the country’s broadband penetration rose to 48% in January 2023, with 92,011,259 subscriptions recorded. Broadband...
Cloud-based instant messaging app Telegram has rolled out a new power-saving mode feature that enables users to preserve their phone battery. The newly launched power saving...
