Remove .Net Remove Banking Remove Systems Review
article thumbnail

YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. Website : [link]. Founded in : 2020.

.Net 228
article thumbnail

Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

I believed the platform I was running could be a lot bigger and scale a lot faster if we could connect more dots — and basically creating an end to end protein plant,” said Rehmann, who has worked for an investment bank and Microsoft. The company recorded a 130% CAGR between 2017 to 2021.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

TechCrunch

First in line at this point in time — in a decision which is due in December — is banking giant Barclays. But the prospect of a profitable, global bank taking over the contract has been branded “insane” and “mad” by some key U.K. We can’t hand the support to the tech ecosystem to an incumbent bank!

article thumbnail

Nigeria’s Indicina raises $3M to help businesses offer credit to their customers at scale

TechCrunch

For years, Africa’s credit infrastructure has lagged behind the rest of the world due to low credit coverage from its bureaus. Per a World Bank report , only 11% of Africa’s population have their credit information recorded by private credit bureaus. And for those who are banked, only 17% have accessed loans. 700 million (~$1.17

Banking 216
article thumbnail

Silicon Valley Bank: Here’s a timeline of the bank’s failure

TechCrunch

Writer’s note: We’re breaking from our usual formatting this week because there was a once-in-a-generation collapse of one of the biggest banks in the country. After spending hours speaking to founders and venture capitalists about Silicon Valley Bank’s surprising collapse, there’s one shared feeling: whiplash.

Banking 175
article thumbnail

Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services

TechCrunch

Developers of popular neobank apps, credit providers and personal finance tools use Belvo’s API to connect bank accounts to their apps to unlock the power of open banking. Instead, Belvo wants to build a finance API, which takes in more information than is normally collected by such systems.

Banking 223
article thumbnail

Everything you need to get caught up on the SVB crisis

TechCrunch

On Friday, the Federal Deposit Insurance Corporation announced that it had taken over Silicon Valley Bank , and as we rushed to plan coverage, one of my colleagues succinctly described the situation: “This is historic s**t.” Bank runs are often ironic in that they can become self-fulfilling prophecies.)

Banking 225