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Alexander O. Onukwue Share this article Adewale Yusuf, the founder and former publisher of Techpoint, made what many saw as a bold move last year.  Not only did he swap the uncertainty of tech media for the vulnerability of founding a tech startup, he chose Ile-Ife, a town 200 km removed from the chaos of Lagos, as the “quiet location” for his new adventure. Yusuf took one Techpoint colleague, one Jobberman co-founder and a couple other people with him to start TalentQL, an outsourcing firm for companies in need of quality software developers.  “Hire top vetted technical talent across...

Alexander O. Onukwue 14th May 2021 Nigeria Vice President Yemi Osinbajo with members of the Paystack team at their Lagos office in April 2018 Share this article One landmark acquisition, several funding rounds and meaningful expansions have drawn attention to Nigeria’s potential to become an enabling environment for businesses. Nigerian tech startups are raising larger seed rounds and pursuing unique global ambitions than at any other time in the last decade. But in the last 18 months, major regulatory events that ended motorcycle-hailing and suspended cryptocurrency tra...

Fintech startups set VC records as the 2021 fundraising market continues to impress New data indicate Q1 2021 was the biggest fintech VC quarter ever While waiting for full first-quarter venture capital results for fintech startups to drop, we knew that they were going to be outsized. The Exchange previously explored the pace at which huge venture rounds were invested into the startup niche, noting that by mid-March the fintech market had already recorded a record number of $100 million rounds. But the largest venture capital rounds are only part of the fintech investing picture, so we were l...

Partner Share this article The finalists’ pitch event for the 2021 edition of the Deji Alli Young Talent Award (DAAYTA) programme held on April 9 th, 2021, with Tope Idris Sulaimon of Scrapays Technologies Limited emerging winner to claim the N12 million grant. He expressed his excitement saying, “I am happy to be the winner of DAAYTA 2021. In addition to the funding, this opens more opportunities for our startup. Working with all the experienced partners increases our chances of reaching our set milestones, and that excites me even more.” The Deji Alli Young Talent Award (DAAY...

Advertisement The platform will support technology-enabled entrepreneurs, investors and other stakeholders to understand proposed policies and laws that may affect their operations. Globally, there has been an increased focus on digital assets and currencies. Leading multinational investment banks, such as Goldman Sachs, are beginning to Advertisement directive to banks to close accounts of persons or entities involved in cryptocurrency transactions. The apex bank cited risks of “loss of investments, money laundering, terrorism financing, illicit fund flows and criminal activities” as ...