The Cameroonian fintech startup Koree recently secured $ 200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards The Cameroonian fintech startup Koree recently …
The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform to convert physical gold into GPC tokens. Creder Launches 1:1 Backed Gold Pegged […]
Nigerian Web3 startup Wicrypt announced on Dec. 6 that it had received a $ 150,000 grant from Microsoft. The startup plans to use the grant to improve productivity around its decentralized physical infrastructure network development chain. In late November, Wicrypt also received a $ 200,000 grant from Google Cloud. Wicrypt Depin Bet Nigerian …
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $ 1 million. Reports of Payday’s acquisition come almost a year after the startup raised $ 3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform Bitmama is set to acquire the …
The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere. ‘Localizing Costs and Getting Closer to Customers’ The payments …