A major cryptocurrency exchange that collapsed in late 2022, impacting trust in the crypto market.
Chipper Cash launches ads product
Chipper Cash launched an advertising product called 'Chipper Ads' to assist SMEs in Africa. The company has undergone multiple layoffs and significant restructuring since December 2022.
The fintech replacing banks in cross-border payments, one stablecoin at a time
Conduit raised a $36 million Series A round led by Dragonfly Capital, increasing total funding to $53 million. The company claims to process over $10 billion in annual transaction volume for more than 5,000 merchants globally.
The name that froze a funding round: Inside Zap Africa’s trademark battle with Paystack
Zap Africa crossed 50,000 users for their non-custodial crypto exchange. The company was in talks to close a crucial seed funding round when the deal froze due to issues with Paystack.
Founders of YC-backed Helicarrier, formerly Buycoins, quit quietly in 2023
Ireoluwa Aderinokun's directorship at Helicarrier is set to end on June 30, 2023. Olatomiwa Lasebikan's directorship was terminated in 2021.
FTX crashed crypto in 2022, but it might be saving the market again
Bitcoin dropped below $50,000 for the first time since February 2024. Ethereum and Solana experienced sharp drops in their prices.
