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By Adedapo Adesanya Nigerian gig economy fintech startup, ImaliPay, has raised a $3 million seed round to deepen its financial services infrastructure across Nigeria and its other Sub-Saharan present markets – Kenya and South Africa. The seed round includes participation from Leonnis Investments, a follow-on from Ten
The gig economy is experiencing profound growth in Africa. Yet, all that growth hasn’t changed the status of workers who are seen as contractors rather than employees. Because many of them, particularly in the two-wheeler space, lack access to some financial services, being contractors is disadvantageous. Some gig platforms have tried to embed financial services into […]
The gig economy is experiencing profound growth in Africa. Because many of them, particularly in the two-wheeler space, lack access to some financial services, being contractors is disadvantageous. Meanwhile, other fintechs are providing a broader spectrum of financial services for these gig workers (who, according to the Mastercard Foundation, are expected to reach over 80 million by 2030).