Food is significant to Nigerians, with households spending nearly 60% of their income on it, the highest globally, according to official reports. This strong affinity for food, coupled […]
Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR
Deel is on an acquisition march. On Tuesday, the HR startup announced it is acquiring African-based payroll and HR software and services company PaySpace in a deal that […]
It’s fun watching fintech startups grow
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at a fintech being sold in a fire sale, a group of startup raises, […]
Last year was a tough period for African growth stage startups and 2024 presents mixed bag
Last year presented a tough period for African tech startups. Venture capital was hard to bag (as predicted earlier), bridge and down rounds became the norm, and news […]
YC-backed fintech Bujeti raises $2M for its corporate cards and spend management platform
African corporate cards and spend management platform Bujeti has raised $2 million in seed funding. The startup, involved with how African businesses, including SMBs, startups and enterprises, manage […]
Inside Brex and Ramp’s AI ambitions
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your […]
Paystack reduces operations outside of Africa, affecting 33 employees in Europe and Dubai
African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly […]