Category: PalmPay

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In Nigeria PalmPay waives fees and creates ₦100M COVID-19 payout fund

Africa focused payment startup PalmPay will waive transfer fees in Nigeria and offer direct payouts to customers who have contracted COVID-19 in the West African country. The venture — that… »

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment… »

Payment startup Chipper Cash raises $6M for Southern Africa expansion

African cross-border fintech startup Chipper Cash has raised a $6 million seed-round led by Deciens Capital. The San Francisco-based company offers mobile-based, no fee, P2P payment services in six countries:… »

Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That… »

Startups Weekly: Chinese investors double down on African startups

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up… »

Move to EU to avoid Brexit costs, firms told

Exporters advised by Department for International Trade officials to form EU-based companies to circumvent border issues Brexit nightmare: British businesses at breaking point British businesses that export to the continent… »




Grant Shapps faces fury over mass Covid outbreak at DVLA

Minister under fire for ‘shameful’ virus spread as staff told to work on with more than 500 cases at agency in Swansea Ministers are at the centre of an explosive… »