Artificial intelligence
Artificial intelligence (AI) is changing the world. The last two decades have laid the infrastructure to give over 5 billion people access to digital services through smartphones and the Internet.
Source: africa.com
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Carmachain, startup furnishing lenders with borrowers' data, hits 80 million profiles
Carmachain furnishes firms on its clientele with data aggregated from different consumers having dealings with such...
Source: premiumtimesng.com
OkHi
Smart addressing startup, OkHi, has secured a $1.5 million seed extension, bringing the total of its seed funding to $3 million.
Source: africa.com
OkHi gets $1.5M seed extension to scale its smart address verification service across Africa – TechCrunch
It can be challenging to prove or navigate addresses in Africa due to poor addressing infrastructure. And for some countries like Nigeria, customers need to accurately provide their addresses to financial institutions such as banks and fintechs to set up bank and other accounts. Customers use inefficient processes like utility bills or send physical agents […]
Source: techcrunch.com
After verifying over 300,000 addresses in Kenya, OkHi secures $1.5 million to expand across Nigeria
Verifying a customer’s address in Nigeria usually requires human agents. OkHi’s solution does this using smartphone data, and the company has raised a $1.5 million seed extension to expand its services across Nigeria.
Source: techpoint.africa