A digital bank in Nigeria that offers banking services with no fees and a focus on mobile accessibility.
How Nigerian founders are de-dollarising their startups
The naira's depreciation has led to a regression in revenue for Nigerian startups when measured in dollars. TechCabal hosted a salon-style discussion on cost-cutting strategies attended by notable companies like Piggyvest and Kuda.
Proposed US tax raises alarm for African remittance startups
A US bill proposes a 5% tax on remittances sent by non-citizens, affecting African fintech startups. The legislation requires money transfer operators to verify the immigration status of senders.
EXCLUSIVE: Earnipay cuts workforce amid profitability push
Earnipay has laid off a portion of its team as part of a strategic shift towards its most profitable segment—business lending. The layoffs come after Earnipay raised a $4 million seed round to scale its earned wage access platform across Nigeria.
Ex-Kuda executive sues over gender discrimination, wrongful termination allegations
Rosemary Hewat filed a lawsuit against Kuda alleging toxic work culture and gender discrimination. Hewat claims she was denied stock options under terms promised to her male colleagues.
10 Startups to Watch in 2025 in West Africa
West Africa's startups received $2.8 billion in venture capital funding in 2024, a 50% increase from 2023. Fintech accounted for 31% of total funding, connecting 30 million people to banking services.
