Fintech

Nigerian fintech, Mono, raises $500k in pre-seed funding

Lateral Capital announced its investment in Mono on Friday 18, September in a tweet by Kyane Kassiri, a Venture Associate at the fund.

Carbon reports ₦112.6 million PAT and 2.2 million active customers

Carbon reported a profit after tax of ₦112.6 million in its 2019 financial result. Carbon also revealed that it has 2,272,997 active customers.

Nigerian startups WellaHealth and Flex Finance join the 7th cohort of Catalyst Fund

Two Nigerian startups, WellaHealth and Flex Finance, are among the seventh cohort of Catalyst Fund—a global inclusive fintech accelerator.

My first impression of Trove Finance and a mild introduction to investments

Review of Trove Finance, a platform that allows you to invest in stock markets around the world for as low as ₦1,000.

A chat with Abolore Salami, Founder of Nigeria's foremost digital platform for cooperatives—Riby Finance

Riby Finance—the foremost digital platform in Nigeria for cooperatives and trade groups—was created to answer the question: How do you create prosperous communities?

Nigerian lending fintech, Aella Credit raises $10 million

Aella Credit raises $10 million in debt financing, expands into other product lines including a blockchain-based lending market, Creditcoin.

Flutterwave becomes Endeavor's first investee in Nigeria with a $35 million Series B round

Flutterwave has raised $35 million in a Series B round. The money will be spent on technology and business development to increase Flutterwave's market share across the nine African countries it currently operates.