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Nigerian merchant solution startup Traction raises $6m to accelerate growth

Nigerian merchant solution platform Traction has raised a US$6 million seed round in funding to drive expansion, accelerate growth, and strengthen its team.

Central bankMultiply partnersVentures platformDotun olowoporoku

Traction raises $6 million in seed funding to expand operations

Access to credit facilities, business tools, and payment options is a problem for many SMEs in Nigeria, particularly those operating in the unorganised sector. Traction, a Nigerian-based startup, is addressing the challenge.

Multiply partnersVentures platformDotun olowoporokuGeneral partner

Nigeria s MyCover ai to scale its open insurance API platform with new funding

MyCover.ai's suite of products is geared toward an insurance market expected to grow at a compound annual growth rate of 7% reaching $120 billion by 2028.

Nigeria generalAlexander igwe ifenduFred ebhoNational insurance commissionVentures platformFounders factory africaTechstars torontoImage creditsSovereign trustAlami technologiesDotun olowoporoku

Nigerian logistics startup Fez Delivery raises $1m seed funding round

Nigeria’s Fez Delivery, a logistics and delivery company, has raised a US$1 million seed funding round to accelerate its development and grow its team.

South africaAl qahirahFamasi africaVentures platform fundRed bullFez deliverySeun alleyVentures platformVoltron capitalAcasia venturesCairo angelsPlatform fundDotun olowoporoku

Fez Delivery, Nigeria s Techstars-backed Logistics Startup Raises $1m Seed Fund – Nigerian CommunicationWeek

Fez Delivery, Nigeria s Techstars-backed Logistics Startup Raises $1m Seed Fund – Nigerian CommunicationWeek
nigeriacommunicationsweek.com.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nigeriacommunicationsweek.com.ng Daily Mail and Mail on Sunday newspapers.

South africaAl qahirahFamasi africaToheeb azeezOluwafemi joseRed bullVentures platform fundKuda bankVoltron capitalAcasia venturesCairo angelsFez deliveryTechstars torontoSeun alleyRedbull nigeriaDotun olowoporoku

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