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Nigerian startup Risevest announced its acquisition of digital trading startup Chaka for an undisclosed sum. Meanwhile, Kenyan startup Sendy is in the hands of an independent administrator who will help secure its future. More in #TCDaily.
The Brazilian unicorn, which provides payment solutions for emerging markets, is expanding its presence in Africa to eight more African countries: Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. More in #TCDaily.
Nigerian fintech PayDay, after securing a $3 million seed funding round six months ago, is now in talks to be sold.
To nurture and support the growth of women technopreneurs in Sri Lanka, the SLASSCOM Women Technopreneurs Forum (WTech) and the International Finance Corporation (IFC), with assistance from the Government of Japan, will launch a bootcamp and a one-on-one mentoring program with the aim of supporting women technopreneurs in Sri Lanka to connect with an unparalleled...