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Piggyvest Pays Out ₦835 Billion in 2024, Surpasses ₦2 Trillion in Total Payouts
Nigerian fintech platform Piggyvest has achieved a new milestone, paying out ₦835 billion to its customers in 2024 and crossing ₦2 trillion in total payouts since its launch in 2016. The savings platform, which now boasts over 5 million customers, continues to establish itself as a leader in the Nigerian fintech space. “2024 was our […]
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Business
Piggyvest Pays Out ₦835 Billion in 2024, Surpasses ₦2 Trillion in Total Payouts
Nigerian fintech platform Piggyvest has achieved a new milestone, paying out ₦835 billion to its customers in 2024 and crossing ₦2 trillion in total payouts since its launch in 2016. The savings platform, which now boasts over 5 million customers, continues to establish itself as a leader in the Nigerian fintech space. “2024 was our […]
Sprout
South African Insurtech Naked Secures $38M Series B2 to Expand AI-Driven Insurance Innovation
South African insurtech pioneer Naked has successfully raised $38 million (approximately R700 million) in a Series B2 funding round, marking a significant step in its mission to revolutionize the insurance industry through automation and AI. The funding was led by global impact investor BlueOrchard, with additional support from existing investors, including Hollard, Yellowwoods, the International […]
News
Waza Unveils Lync to Revolutionize Cross-Border Payments for African Startups
Waza, a Y Combinator-backed B2B payments and liquidity provider, has launched Lync, a cross-border payment solution designed to empower African startups. The launch comes as businesses across the continent face mounting challenges in managing international transactions. In August 2024, Waza secured $8 million in equity and debt funding to expand beyond its operations in Ghana […]