A leading payments processing company in Nigeria that recently launched a product called 'Zap'.
The Backend: Why your refunds take forever and how Recital is fixing it
Recital aims to automate the reconciliation process for failed bank transfers, reducing time and errors. The platform's automated reconciliation engine can check against multiple sources, cutting down operational time by 93%.
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.
How African Startups Access Export Markets
The African Continental Free Trade Area (AfCFTA) opens access to a $3.4 trillion market for startups. Key sectors leading the way for African startups include fintech, agritech, and healthtech.
CBN licences in Nigeria: types, costs & what fintechs should know
The Central Bank of Nigeria requires fintech startups to obtain specific licenses based on their services. The Switching and Processing Licence is essential for companies processing payments and requires a minimum capital of ₦2 billion.
Fluent Ventures’ Alexandre Lazarow wants to invest in locally adapted globally business models
Fluent Ventures is deploying $40 million to support 22-25 startups in fintech, healthtech, and e-commerce. Lazarow's investment thesis emphasizes the need for local adaptation in startup models to achieve success.
