Microtraction

Wallets Africa raises fresh capital from Samurai Incubate, Mozilla, Michael Seibel

Nigerian fintech startup, Wallets Africa, has raised an undisclosed round of investment. Founded in 2018, Wallets Africa makes it easy for users to transact across…

From Lagos to San Francisco: Emmanuel Gbolade’s journey building Termii

In 2014, Emmanuel Gbolade founded communication-as-a-service (CaaS) platform, Termii, with Ayomide Awe. Starting off, they offered digital marketing support services to digital and fintech…

Covid-19 and African tech startups roundup [01/06/2020]

With millions of South Africans set to return today to work after lockdown rules were further eased, Transport Minister Fikile Mbalula has announced that…

Catalyst Fund welcomes four African investors into its exclusive fintech fold

Catalyst Fund, the global inclusive fintech accelerator managed by BFA Global, today welcomed six leading fintech investment firms into its fold which already makes…

Nigerian payments app Bundle launches after netting $450k from Binance

Bundle, a Nigerian payments app for cash and cryptocurrencies, has launched after netting $450 000 from global blockchain company Binance. Bundle allows users to buy,…

Microtraction invests in Nigerian edtech startup Gradely

Lagos-based early-stage investor Microtraction has invested in Nigerian edtech startup Gradely. Microtraction made the announcement in a blog post on Medium last week. The startup…

Nigerian VC Microtraction ups ticket size offering to $25k [Updated]

Correction (5 March): An earlier version of this article had it that the investor would offer an additional $50 000 convertible note at a…

African venture capitalists bullish over VC sector ahead of Nigerian Interswitch’s IPO

The World Bank has forecast growth in Sub-Saharan Africa to slow from 3.4% (forecast) in 2019, to 2.9% in 2020. But despite slower growth,…

Microtraction invests in Ghanaian fintech startup Bit Sika

Lagos-based early-stage investor Microtraction announced yesterday that it has invested in Ghanaian fintech startup Bit Sika. The Accra-based startup provides a money transfer service which…

Microtraction invests in Nigerian online marketing platform Termii

Lagos-based early-stage investor Microtraction has revealed that it has invested in Nigerian online marketing platform Termii. Microtraction, which announced the deal yesterday in a…

Nigeria’s Microtraction launches Scout Initiative to search for more deals

Lagos-based early-stage investment platform Microtraction has launched a bid to source more deals and identify “high-trajectory” founders. It follows the announcement yesterday by Microtraction of…

Resplash to train up to 40 African women on how to code, start a business

Resplash, an experimental initiative which aims to award scholarships to and mentor individuals keen on learning how to code, design and join or found a tech startup is calling on African women to apply for its Resplash Leadership Programme.

Microtraction backs Nigeria’s Sendbox in investor’s first deal of the year [Updated]

In its first deal of the year, early-stage investment platform Microtraction has announced that it has invested in Nigerian tech startup Sendbox. Sendbox provides…

Microtraction looking to invest outside Nigeria says partner Dayo Koleowo

Lagos-based early-stage investment platform Microtraction is looking to do “some non-Nigerian” deals this year, its former principal investment officer and newly appointed partner Dayo…

Here’s why you should consider attending this year’s Africa Tech Summit Kigali

With more than 100 expert speakers, over 400 corporate decision makers and 20 breakout sessions, this year’s Africa Tech Summit Kigali — which takes…

Nigeria’s Microtraction announces investment into Lagos-based fintech Riby

Nigerian investment platform Microtraction has announced its seventh deal, with an undisclosed investment in Lagos-based fintech Riby. Microtraction’s principal investment officer Dayo Koleowo made the…

Nigerian rewards platform Thank U Cash secures funding from Ventures Platform

Lagos-based venture capital (VC) firm Ventures Platform has invested an undisclosed amount in Nigerian rewards platform Thank U Cash. Ventures Platform founding partner Kola Aina announced the…

Nigeria’s Microtraction announces its sixth deal, with cloud accounting startup

Lagos-based investment platform Microtraction has announced that it has invested in cloud accounting startup Accounteer — bringing the investor’s portfolio to six startups. While Microtraction did…

Top startup events in South Africa, Africa you should know about this week [21/08/2017]

Looking to get into the South African startup scene or catch up on some of your skills? Well, you’ve come to the right place….

Broadband Africa Forum 2024

South Africa’s Deskless Workers: A Workforce Under Strain

How AI is Rewriting Urban Planning in Developing Regions

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion

Vivo update – a big safety gain