Fintech’s Nigerian startup Kuda, a digital-only retail bank, has raised $ 1.6 million in pre-seed funds. The company based in Lagos and London recently launched the beta version of its online mobile financing platform. Kuda also received his banking license from the Central Bank of Nigeria, giving him a distinction…
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TeamApt, Fintech’s Nigerian startup, raised $ 5.5 million in capital in a Series A round led by Quantum Capital Partners. The Lagos-based firm will use the funds to expand its white-label digital finance products and focus on consumer finance with the launch of its AptPay banking application. About TeamApt Founded…
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Nigerian e-commerce retailer Jumia becomes the first African tech startup to hit the New York Stock Exchange. The documents for this have already been submitted. The valuation, the share price and the timing of the sale of the shares will be determined in the coming weeks. Morgan Stanley manages the…
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