Author: Akin Naphtal

Nigerian prop-tech startup Spleet has raised a US$625,000 pre-seed funding round to help it roll out a new product that provides tenants with affordable loans to help them pay their rent. Founded by Tola Adesanmi in 2018 from the need to find rentals with flexible payment options in Lagos as opposed to the usual one or two year upfront payment options, Spleet allows homeowners to rent to vetted individuals, while also helping people easily find places to stay. The startup enables landlords to verify and vet tenants, and also automates rent collections. Spleet has now raised US$625,000 in an oversubscribed…

South African payments company Yoco has acquired Cape Town-based fintech and Web3 software development agency Nona Digital to accelerate its roadmap by bringing a team of highly-specialised fintech product and technology professionals into the Yoco team. Yoco builds tools and services to help small businesses accept card payments in-store and online, access loans, and manage their day to day activities. The startup has become the preferred payments partner for over 150,000 small businesses across South Africa, processing more than US$1 billion in card payments per year. The company, which secured US$83 million in Series C funding last July, has just…

Nigeria-based mobility fintech startup Moove has raised US$105 million in an oversubscribed Series A2 round to scale to seven new markets across Asia, MENA, and Europe over the next six months. Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs. By embedding its alternative credit scoring technology onto ride-hailing, e-logistics and instant delivery platforms, Moove can use proprietary performance and revenue analytics to underwrite loans to drivers that have previously been excluded from financial services. Over three million rides have been completed in…

Lagos-based buy now pay later (BNPL) startup Klump has raised a US$780,000 pre-seed funding round to help it launch its flagship “Pay with Klump” product with select partners, offering BNPL solutions to customers and businesses. Founded in 2021 by Celestine Omin and Olufunbi Falayi, who have combined experience building products with Konga, DealDay, Paystack, Andela, Amazon and H-E-B, Klump offers customers the option to buy and receive their purchases right away and spread the payments over four equal installments. With its proprietary credit eligibility and fraud detection engine, Klump is able to make an informed credit decision on a customer…

Nigerian financial super app Yep! has raised a US$1.5 million pre-seed funding round as it launches its solution in five African countries. Founded last year by Olaoluwa Awojoodu, Airende Ojeomogha, and Garry Ottosen, and headquartered in Lagos and San Francisco, Yep! is a financial super app focused on leveraging technology to deliver seamless financial services and solutions to Africans. Its core offerings include Yep! Consumers, which will be available for retail customers, and Yep! Business, open to MSMEs, merchants and enterprises. The startup has raised US$1.5 million in a pre-seed funding round led by Greenhouse Capital as it launches its…

To understand the new smart watched and other pro devices of recent focus, we should look to Silicon Valley and the quantified movement. Apple’s Watch records exercise, tracks our moves throughout the day, checks the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cooks “sitting is the new coolness” line. To its detractors, love at first sight must be an illusion – the wrong term for what is simply infatuation, or a way to sugarcoat lust. Best Chromebook: Google…

To understand the new smart watched and other pro devices of recent focus, we should look to Silicon Valley and the quantified movement. Apple’s Watch records exercise, tracks our moves throughout the day, checks the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cooks “sitting is the new coolness” line. To its detractors, love at first sight must be an illusion – the wrong term for what is simply infatuation, or a way to sugarcoat lust. Best Chromebook: Google…

To understand the new smart watched and other pro devices of recent focus, we should look to Silicon Valley and the quantified movement. Apple’s Watch records exercise, tracks our moves throughout the day, checks the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cooks “sitting is the new coolness” line. To its detractors, love at first sight must be an illusion – the wrong term for what is simply infatuation, or a way to sugarcoat lust. Best Chromebook: Google…

To understand the new smart watched and other pro devices of recent focus, we should look to Silicon Valley and the quantified movement. Apple’s Watch records exercise, tracks our moves throughout the day, checks the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cooks “sitting is the new coolness” line. To its detractors, love at first sight must be an illusion – the wrong term for what is simply infatuation, or a way to sugarcoat lust. Best Chromebook: Google…

To understand the new smart watched and other pro devices of recent focus, we should look to Silicon Valley and the quantified movement. Apple’s Watch records exercise, tracks our moves throughout the day, checks the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cooks “sitting is the new coolness” line. To its detractors, love at first sight must be an illusion – the wrong term for what is simply infatuation, or a way to sugarcoat lust. Best Chromebook: Google…