Appzone, the Pan African fintech software provider group, has announced that it is carving out its Banking-as-a-Service (BaaS) platform from the existing
Appzone Group Carves Out Qore To Provide Technology For Digitizing Banks Across Africa
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Fintechs & Merchants Laud Fidelity Bank for New Digital Payment Solution
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Airtel to sell a 30% stake in its Kenya business
Twitter chooses Ghana
Twitter execs: L-R: Parag Agrawal (Twitter CTO), Mike Montano (Engineering Team Lead), Jack Dorsey (CEO), and Kayvon Beykpour (Product Lead)
Twitter has made the big decision to have a physical office in Africa having acknowledged that the region is replete with talents. It has chosen Ghana as the location.
Shocking or expected? Maybe both. It was clear from the team’s African tour in 2019 that it had its eyes on Nigeria for good reason. One of Africa’s top four tech locations, the others being Egypt, South Africa, and Kenya, Nigeria has a thriving tech ecosystem.
Nigerian fintech Appzone raises $10M for expansion and proprietary technology
Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. However, they seem to be doing quite well compared with traditional banks that face challenges like legacy cost structures and a major lack of operational efficiency.
Appzone is a fintech software provider. It is one of the few companies that builds proprietary solutions for these financial institutions and their banking and payments services. Today, the company is announcing that it has closed $10 million in Series A investment.