TechMetroo

Starlink Reverses subscription Price Hike in Nigeria

Starlink has decided to halt Subscription Price Hike in Nigeria Amid Regulatory Pushback. In a message to users, Starlink explained that it’s putting the hike on hold to address concerns raised by Nigeria’s Communications Commission (NCC). The company stated its commitment to providing high-speed internet in the country but emphasized that regulatory support is necessary […]

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PaidHR Looks to Raise $1.5M Seed Round for Cross-Border Payroll Expansion

PaidHR Looks to Raise $1.5M Seed Round for Cross-Border Payroll Expansion

PaidHR, a Nigerian startup that’s making HR smooth and easy, is in talks with investors to raise $1.5 million in a seed round according to Techcabal. This comes after they processed a hefty ₦11 billion in salaries last year and raised $500K back in February 2023 from big-name investors like Zrosk IML, Zedcrest Capital, and

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Nigeria Drops Charges Against Binance Exec Tigran Gambaryan.

Well, that was unexpected. Nigeria has decided to drop all charges against Tigran Gambaryan, the Binance exec who was arrested back in February 2024. Originally charged with tax evasion and money laundering, Gambaryan is now free after the government’s prosecuting team said he was just an employee, not the mastermind behind Binance’s moves. as reported

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Ex-OpenAI CTO Mira Murati is reportedly raising funds for her own AI startup.

Mira Murati, who recently stepped down as OpenAI’s CTO, is already back in the game—this time, fundraising for her own AI startup. According to Reuters, Murati is aiming to raise over $100 million to develop AI products built on proprietary models. Murati left OpenAI last month, saying she wanted “time and space” to explore new

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Yellow Card Raises $33M Series C to Boost Growth and Expansion

Yellow Card has raised $33 million to help its business grow across Africa. This funding round was led by Blockchain Capital, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital.  With this, Yellow Card has now raised a total of $88 million,

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Jumia Exits South Africa and Tunisia to Focus on Core Markets

Jumia Technologies AG has announced plans to shut down operations in South Africa and Tunisia by the end of 2024 because of macroeconomic conditions and stiff competition. This strategic move was taken to optimize resources and focus on core markets with better growth potential. Low Contribution Spurs Decision A thorough evaluation by CEO Francis Dufay

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Moove expands to Mexico, a months After U.S. Launch

Just a month after its US debut, Nigeria’s Moove, a startup financing vehicles for ride-hailing drivers—has officially expanded into Mexico. The startup which  operates by plugging its special credit scoring system into ride-hailing and delivery platforms. The startup operates by plugging its special credit scoring system into ride-hailing and delivery platforms. This lets them see how drivers and delivery folks are performing and making money, so they can decide who gets loans. Moove offers loans by selling new cars, covering up to 95% of the cost within five days of signing up. Customers can then repay these loans over 24, 36, or 48 months, using a part of their weekly earnings. The company aims for profitability by 2025, marking a significant milestone for African startups amid

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Elon musk X is back in brazil after initial suspension

X Is Back in Brazil! The Brazilian Supreme Federal Court (STF) has approved the immediate return of X (formerly Twitter) after the platform met all legal requirements. The court has also directed the National Telecommunications Agency (Anatel) to restore service across the country. What Led to This?X was suspended on August 31 after Musk defied

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