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.
Africa’s newest fintech unicorns are winning by keeping their feet on the ground
TymeBank and Moniepoint raise funds at valuations over $1 billion. Both companies aim to simplify banking for unbanked individuals and businesses.
