Here’s Why Brex Just Paid $90M For 10-person Software Startup Pry Financials
Prior to the announcement earlier, Brex has acquired Y Combinator-backed Pry Financials for $90 million, the company told TechCrunch exclusively.…
Conductive Ventures Secures Third Fund To Support Non-Traditional Founders
Conductive Ventures raised a $200 million Fund III to continue its focus on investing in founders where other venture capital…
Andreessen Horowitz Unveils Piloted Program For Early-Stage Entrepreneurs
For more than a year, Andreessen Horowitz (a16z) has quietly piloted its own take on an accelerator for early-stage entrepreneurs.…
Music Streamer Deezer Is Going Public Via SPAC At A $1.1B Valuation
Deezer, a European music streamer is going public via a SPAC deal, valuing the Spotify competitor at $1.1 billion. Deezer…
Google Opens Product Development Center In Nairobi, Its First In Africa
Google announced the launch of a product development center in Nairobi, its first in the continent today. This is set…
Indian Crypto Exchange CoinDCX Tops $2 Billion Valuation In New $135 Million Funding
CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding. Steadview and…
Oil Earnings Drop By N75.9bn Despite Monthly Price Hike – Report
Nigeria’s earnings from crude oil plunged by about N75.9bn in February and March this year despite the increase in global…
Tiger Global Leads $3M Round In Zambia’s Union54 For Its Card-Issuing API
Union54, the first Zambian startup backed by Y Combinator, got another major venture capital firm on its term sheet, Tiger…
Ellis Raises $5.6M To Pave The Way For International Students
New immigrants find it hard to set up a bank account. That’s why Ellis was created for international students planning…
Twitter’s In-Development Edit Button Offers Hints As To How He Feature Could Work
Recently, Twitter announced a great news that users will be able to edit tweets — a longtime user request. Twitter…
FMDQ Exchange Lists Prima Corporation’s N7b Commercial Paper
FMDQ Securities Exchange Limited has listed Prima Corporation Limited’s N7.02 billion Series 2 Commercial Paper. The CP was issued under…
Nigerian Exchange (NGX) Launches Exchange Traded Derivatives (ETD) Market
NGX yesterday launched its ETD market with the listing of two equity index futures contracts. The ETDs market to commence…
Uganda: Completion Of Karuma Dam Pushed To 2022
Following a regular inspection on June 25, the completion deadline for Uganda’s showpiece $1.7 billion hydroelectric project, the Karuma Dam,…
Cashew nuts, Others’ Exports Hit N56bn In Q1 –Customs
The Nigeria Customs Service’s TinCan Island Command reported that the total tonnage of products shipped from its command between January…
Bosch Picks Up Five.ai After The Self-Driving Startup Pivoted To B2B And Then Put Itself Up For Sale
With the most recent development coming out of Europe, the world of autonomous driving is consolidating. Bosch announced that it…
Fintech Brex Bets Big On Software, Lands DoorDash As A Customer
We’re very focused on signing up net new large enterprise customers,’ CEO says. Today, decacorn Brex revealed that it is…
Braid Aims To Untangle Pooling Money With Friends
The founder of Braid , a company that wants to make shared wallets more mainstream among consumers, Entrepreneur Amanda Peyton…
Amazon’s Cashierless Just Walk Out Technology Comes To Houston Astros’ Major League Baseball Stadium
Amazon announced today will bring its cashier-free checkout technology, Just Walk Out, to a Major League Baseball stadium for the…
Nurse-Assisting Robotics Firm Diligent Raises $30M
Nursing shortages were a problem well before our hospitals were rocked by a pandemic. Two years in and overloaded systems…
WhatsApp Permitted To Extend Payments Service To 100 Million Users In India
The payments body that oversees the popular UPI (Unified Payments Interface) instrument, approved WhatsApp to extend its payments service to…
Google Quietly Launches Its Awaited ‘Switch To Android App On IOS
In 2021, Google was developing a “Switch to Android” app for iOS users looking to make the jump from iPhone…
Better.com Said To Be Planning Third Round Of Layoffs
Digital mortgage company Better.com is gearing up for another round of layoffs, multiple sources with knowledge of internal happenings at…
Digital Bank Umba Raises $15M, Plans To Expand Into Three New African Markets
There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid…
Central Bank Of Nigeria Begins RT 200 Rebate Payment To Exporters This Week
The first disbursement of rebates to exporters under the RT 200 policy of the CBN commences this week. According to…
DLM Gets CBN’s Nod On Microfinance Banks Acquisition
DLM Capital, a development investment bank, has received the final approval of the CBN for its acquisition of Links Microfinance…
46% of Firms Increased Prices in March
Stanbic IBTC has revealed that 46% of private enterprises in Nigeria increased the selling prices of their products and services…
Clearing Agents Plans Strike As Custom Slam 15% Levy On Imported Vehicles
CLEARING agents operating in the nation’s maritime sector may withdraw their services following the reintroduction of a 15% National Automotive…
We’ll Crash Wheat Price With 2.7Million MT Production, Says Nigerian Government
FG on Monday said it would crash the price of wheat in Nigeria with the production of 2.7 million metric…
Russia-Ukraine War: EU Imports 40% Of Nigeria’s Gas, Demands More
According to the European Union ambassadors on Monday, at least 40% of NLNG was exported to Europe and this calls…
Russia-Ukraine War Creating Highly Volatile Oil Market, Says OPEC
THE ongoing war by Russia in Ukraine is making the global oil market highly volatile, OPEC declared on Monday. Speaking…