TechCabal

Want to catch a VC’s attention? 🎯 Ventures Platform Fund Founding Partner, Kola A., breaks down what it takes to stand out as an African startup in episode 13 of the Moonshot Podcast! 👨🚀 Click the link below to watch the full conversation. 🚀  https://lnkd.in/d47T5Yns #Moonshot2025 #TheMoonshotPodcast #MoonshotByTechCabal 

Since October 2024, Nigerian customers seeking to subscribe to Starlink have been unable to purchase kits directly from the SpaceX-owned satellite internet provider, forcing them to rely on third-party retailers. When attempting to order, prospective customers receive a message stating: “Starlink is currently at capacity in your area. However, you can place a deposit now to reserve your spot on the waitlist and receive a notification when service becomes available. We cannot provide an estimated timeframe for availability, but our teams are working to expand coverage as quickly as possible.” The direct sales freeze has created a market for third-party resellers, many of whom continue to receive shipments. 🔗  Click the link below for the full story     👉 https://lnkd.in/dCB6chha

LOTUS Bank, a non-interest commercial bank, has partnered with Inter Lagos FC, a Nigerian National League (NNL) club, to provide critical financial support to strengthen its domestic and international ambitions. The move, its second in three years, highlights a growing trend among banks leveraging sports sponsorships to expand their brand influence and community engagement. 🔗  Click the link below for more details.     👉 https://lnkd.in/dehTnkCU

Banking the unbanked became the go to tagline for Nigerian fintechs during the country’s fintech boom between 2020-2023. Many fintechs parroted the claim that they were going to bank 36% of Nigeria’s adult population, or 28.8 million people who had no access to financial services. However, only a few fintechs followed through on that promise beyond the confines of Lagos, Nigeria’s economic and startup capital. In 2022, Tobi Arowolo, Samuel Ojerinde, and Isaiah Tokinbo,  launched Fintava Pay, a Banking-as-a-Service (BaaS) platform to allow businesses launch custom financial products aimed at financial inclusion in Northern Nigeria. Fintava Pay’s approach is particularly useful for Northern Nigeria where digital literacy is low and financial exclusion is most severe in the country. About 38% of the North East and 47% of the North West’s population are financially excluded. Citizens in this region rely on super agents to get cash and perform banking transactions. Fintava Pay offers a lifeline through its white-label solutions that allows super agents to open bank accounts for users. 🔗  Click the link below to learn more    👉 https://lnkd.in/dfRmWCZM                 

TC Battlefield 2025 Applications Are Now Open! 🚀 Are you building Africa’s next game-changing startup? This is your chance to showcase your innovation on the biggest stage! TC Battlefield is back, and we’re looking for Africa’s most promising startups to pitch, connect with top investors, and access game-changing opportunities. Apply now: https://lnkd.in/dJ6SduRf