Author: Staff Writer

I am a staff at Innovation Village.

Kuda, a Nigerian-based digital bank, has raised $25 million in a series A funding led by Valar Ventures, the firm co-founded and backed by Peter Thiel, with Target Global and other unnamed investors participating. This brings total funds raised to $36.5 million having raised $10 million late last year and…

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Intel is taking a dig at Apple with its new ads comparing Apple Mac laptops to Intel-based PCs. The company recruited the services of Justin Long—famous for his role in Apple’s 2000s “I’m a Mac” ads to do five ads posted in the company’s YouTube page. In the 2000 Apple…

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Nigeria’s bus-hailing app, Plentywaka, announced that it has been accepted into Techstars Toronto accelerator program and it will use this opportunity to expand its services globally starting from Canada on or before the fourth quarter of 2021. The “Uber-for-buses” startup will join nine other startups in the class of 2021 and…

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The National Information Technology Development Agency (NITDA) has fined a fintech company, Electronic Settlement Limited, the sum of N5 million ($13,123) for Data Protection Breach. NITDA is a public service institution established by NITDA Act 2007 as the ICT policy implementing arm of the Federal Ministry of Communication of the…

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Tech giant, Apple, has appointed ex-Googler, Teju Ajani, as its Country Manager, effective March 1, 2021. Before this appointment, Teju Ajani worked in various capacities at Google as the Country Manager for Android, Head of Content Partnerships for YouTube and Business Development Manager. Teju also worked as a Product Manager…

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Nigerian payments technology company, Flutterwave, announced today that it has raised $170 million as part of a successful series C round. The fund raise was led by by growth-equity firms Avenir Growth Capital and Tiger Global Management LLC with participation from DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, Insight…

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