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Financial

WhatsApp Mobile Payment Coming Soon, Ready for Launch in Indonesia

Facebook Inc’s messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation’s fast growing e-commerce sector, people familiar with the matter said. Indonesia could become the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from […]

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Intelligent

Mobile Digital Identity Expected Create to Biz Opportunity Worth $7b 2024

The use of unique mobile identifier services, which provide identity verification through SIMs, will generate over $7 billion for mobile operators in 2024. This is up from an expected $859 million in 2019; a growth of over 800%. The new research from Juniper Research, Digital Identity: Technology Evolution, Regulatory Analysis & Forecasts 2019-2024, noted that, […]

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Media OutReach

Connectivity Startup BeepTool Secures Fresh Funding

A startup BeepTool that manufactures satellites and sells smartphones that allow rural users to access the web using a mobile application in areas its satellites cover, has raised funding from inventor and entrepreneur Ndubuisi Ekekwe. BeepTool has developed the Oyi-1 affordable smartphone for rural and low-income Nigerians to help them access digital finance, health, education […]

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Social Media

Seedspace Hub, Lagos Kicks-off 2nd Seedstars

Seedstars has partnered GrowthLab, formerly known as Starta, to launch a second Lagos-based Seedspace hub to provide a space for startups and corporates to collaborate and grow together. The Switzerland-based Seedstars, which has already kicked off its tour to source African startups for its emerging markets startups competition and also recently launched a US$100 million […]

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E-Commerce

Verve Global Card, Discover Network Launch 1st International Transaction Amidst Cheers from Global Financial Leaders

Verve, a payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, has launched the Verve Global Card. Cardholders will now have the ability to use their Verve Global Cards on the Discover Global Network which provides acceptance in more than 190 countries and territories. This will expand Verve’s […]

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Internet

Plans to Expand, Develop the Internet in Africa Thickens

Plans to expand and develop the internet in Africa may just have thicken as Mauritius will host the 10th anniversary edition of the Africa Peering and Interconnection Forum (AfPIF), which is being organised by the Internet Society and African IXP Association (AFIX) in collaboration with Rogers Capital. AfPIF 2019 will connect and bring key infrastructure, […]

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Business

Making of the Hypo Brand

In the bleach category of home care product, one brand stands out from others due to the unique position and how fast it has been able to penetrate homes within a short period. In this interview the Brand and Marketing Manager, Hypo Home Care, Onome Asagbra gave insights to the making of the Hypo bleach. […]

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Intelligent

AI Insurance Premiums to Exceed $20b by 2024, as Insurers Seek Efficiencies

The value of AI underwritten insurance premiums will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019. This growth will be driven by streamlined underwriting processes, faster customer onboarding and reductions in operational costs enabled by AI. According to the research from Juniper Research, Insurtech: Impact Assessments, Insurer Readiness & Market […]

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Technology

Huawei Unveils Harmony Operating System, Says No Plan to Ditch Android

Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm’s access to U.S. technologies such as Android. Huawei said that for now it would stick to using Google’s Android for smartphones, and the new software will be gradually […]

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FinTech

Nigerian Fintech Startup Carbon Introduces Transaction Cost Mobile Wallet Users

Nigerian fintech startup Carbon, formerly Paylater, has begun charging users of its mobile wallet a one per cent transaction fee, saying volume of users had made a free offering unsustainable. Consumer lending platform Carbon, which rebranded in April as parent company OneFi continues to transition into being a full digital banking platform after raising US$5 […]

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