Nigeria Archives

Stripe To Acquire Paystack

Stripe has entered into an agreement to acquire Paystack, a Lagos, Nigeria-based technology company that enables organizations of all sizes to collect payments from around the world.

Tomato Jos Raises €3.9M in Series A Funding

Tomato Jos, a Kaduna, Nigeria-based agro-processing company focused on the local production of high-quality tomato paste for the African market, raised €3.9m in Series A funding.

54gene Raises $15M in Series A Funding

54gene, a Nigerian genomics research, services, and development company, closed a Series A round of $15M.

OPay Raises $120M in Series B Funding

OPay, a Nigeria’s leading mobile wallet and motorbike ridesharing provider, raised $120m in Series B funding.

Arnergy Raises $9M in Series A Funding

Arnergy, a Lagos, Nigeria-based distributed utility company, raised $9M in a Series A funding.

OPay Raises $50M in Funding

OPay, a Lagos, Nigeria-based provider of a mobile payment service and consumer platform, raised $50m in funding.

MAX.ng Raises Approx. $7.5M in Funding

MAX.ng, a Lagos, Nigeria-based app-based motorcycle hailing service in West Africa, raised approx. $7.5m in funding.

Branch International Raises $170M in Series C Financing

Branch International, a San Francisco, CA-based finance app for Africa, raised $170m in Series C funding.

Boomplay Closes $20M Series A Funding

Boomplay, a Lagos, Nigeria-based music streaming service, raised $20m in Series A funding.

OneFi Acquires Fintech Company Amplify

One Finance Limited (OneFi), a consumer lending platform provider, acquired Amplified Payments Ltd (Amplify), a Lagos, Nigeria-based fintech company that builds and facilitates payment solutions and digital financial transactions.

TeamApt Closes $5.5M Series A Funding Round

TeamApt, a Lagos, Nigeria-based fintech company that provides digital solutions and payment infrastructure for Africa, closed on a $5.5M Series A funding.