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Nigerian Fintech Reaches Unicorn Status With $110 Million Google-Backed Funding Round

[Oct 31 7:30 AM] Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding…

Nigerian Fintech Startup Chipper Cash Lays Off Employees in US, UK

[Mar 18 5:30 AM] The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer…

Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion

[Aug 16, 2023 11:30 AM] The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of…

Openai Boss Sam Altman Claims He’s Not Involved in Worldcoin’s Day-to-Day Operations at All

[Jun 6, 2023 3:30 PM] After Tools for Humanity, the team behind the biometric cryptocurrency project Worldcoin announced it had raised $115 million in a Series C led by Blockchain Capital, Sam Altman, co-founder and chief executive of the artificial intelligence (AI)…

Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business

[Mar 18, 2023 4:30 AM] One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had…

Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

[Nov 25, 2022 1:30 PM] Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give…

Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

[Nov 9, 2022 6:30 PM] According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state…