Author: Akin Naphtal

Kenya-based InsurTech startup, Lami Technologies has partnered with Unchorlight Kenya, a mobility fintech firm to bring financial security for boda boda riders with the aim to provide them with access to suitable and reliable insurance covers. Unchorlight is a mobility fintech firm that delivers a rent-to-own finance service known as ZARIBEE for boda boda riders in Kenya. ZARIBEE services aim to empower riders with easier access to motorcycles by supporting them with affordable digital credit. This will allow riders to acquire their own rides after a period of time. These services also support riders to form a reliable community in…

DCIG, a leading technology analysis and research firm, recognized Huawei OceanStor Dorado 18000 and 8000 as top high-end storage arrays in the 2023-24 DCIG TOP 5 report. Based on research covering 14 products that met DCIG’s criteria for high-end storage arrays, Huawei’s OceanStor Dorado earned plaudits for continuous innovation in reliability, usability, and resilience. DCIG TOP 5 is an annual research report featuring a comprehensive analysis of the industry’s most competitive products and solutions. It takes into consideration the main indicators that guide customers when procuring a product, namely, business benefits, efficiency, and data reliability. Huawei OceanStor Dorado 18000 and…

Digital lender, Zopa has acquired the Newcastle-under-Lyme, Staffordshire-based buy now pay later (BNPL) company DivideBuy for an unspecified amount. Zopa’s first acquisition comes fresh off the back of its £75m round this month, where the fintech said it would spend funds on its “growing balance sheet” and “M&A dealmaking”. Its acquisition of DivideBuy after its launch into the BNPL space in June last year, offering payments of up to £30,000. “We are proud to be entering the POS space with DivideBuy, a market-leader with a standout product and technology stack, and a culture that is closely aligned to our values…

London’s VivaCity recently celebrated a pretty major milestone. Its road sensors driven by AI, which allow urban authorities to understand how transport is flowing, were recently triggered for the 20 billionth occasion. North America has plenty of its own transport tech pioneers, but that hasn’t affected the team’s enthusiasm to garner business across the Atlantic. To make good on those plans VivaCity raised £7 million led by a German public traded energy utility, EnBW, through its sustainability innovation wing EnBW New Ventures, with further commitments from Foresight Group and Gresham House Ventures. A US collaboration with the New York City…

• 50% of CIOs say their board expects them to deliver continuous innovation.• 80% of CIOs say that business strategy will become a bigger part of their role over the next two years.  • 57% of CIOs say that building and operating new digital platforms is still a core part of their job.• 77% of CIOs are spending more time selling ideas into the board. CIOs have stepped into the role of digital evangelist and strategic advisor, according to the 2023 Global CIO Survey from Logicalis, a global technology service provider. The study questioned 1000 technology leaders and explores how the…

Saudi Arabia-based fintech firm Hala has acquired UAE-based payments start-up Paymennt.com for an undisclosed sum. Established in 2017 and formerly known as PointCheckout, Paymennt.com provides online payment services to more than 2,000 micro and small businesses and is regulated by the Abu Dhabi Global Market’s RegLab. With the acquisition, Hala plans to enhance its product offerings by incorporating online payments, offering small and medium-sized enterprises (SMEs) the option to increase their online presence and process omnichannel payments both offline and online. READ ALSO:More than one million people signed up for ChatGPT-enabled Bing in 48 hours, says Microsoft Crypto startup Solvo…

Microsoft has announced that more than one million people signed up on the waitlist to try out the new Bing Search with an integrated ChatGPT functionality in just 48 hours. The announcement follows Microsoft’s unveiling of the latest version of Bing, powered by OpenAI’s large language model, ChatGPT, under the hood. The revamped search engine uses the artificial intelligence model to understand queries written with natural language and generate better and summarized human-like responses. READ ALSO:Crypto startup Solvo launches in the UK and EU Cross Switch Acquire 50% stake in Vantage Payment Systems Content Guru extends AI capabilities The integration…

Solvo, an EU-based cryptocurrency startup, announced today the official launch of the Solvo app, which is now live and available to download on the App Store for users in the EU and United Kingdom. Solvo is seeking to turn crypto-curiosity into crypto-capability by bringing the best of the best of crypto to everyone with a straightforward, transparent and easy to use entry point. Through Solvo, users can purchase easy to understand financial products and build their understanding of cryptocurrencies. “Current product and service offerings used to invest in crypto assets are too complex and unwelcoming to those who are just…

Vantage Payment Systems, Cross Switch and Equity Invest are pleased to announce that Cross Switch has acquired a 50% stake in Vantage Payment Systems. Financial details of the private transaction were not disclosed. Fuelling democratisation of payments in the Moroccan market with innovative – trustworthy – agile – simple – quality solutions Vantage Payment Systems (VPS), is a leading Moroccan fintech providing simple and secure online payment solutions. Since its establishment in 2014, VPS has acquired in-depth expertise in local payment methods in Morocco and the technology required to support its business. To meet the needs of its customers in…

The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant (www.Cellulant.io) to continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services securely to thousands of businesses across Nigeria. Cellulant’s digital payments platform, Tingg (www.Tingg.Africa)- enables businesses to seamlessly accept and make payments offline and online. A single integrated digital payments solution, Tingg addresses the complex needs of managing payments by simplifying the payment experience for the end-user and providing tools and processes for a merchant to manage their collections from a single dashboard. “At…