Robinhood Venture Fund II (RVII) is expected to become a publicly traded fund on August 13 at an opening price of $25 per share. The fund intends to raise as much as $200 million, Reuters reports, and use that money to invest in startups
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Yellow Card, the Africa-founded stablecoin infrastructure company, has closed a $40m strategic funding round backed by Standard Chartered’s venture arm and Sony’s innovation fund, capital it plans to use to extend its dollar-denominated business accounts
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Payments infrastructure company Moment has raised $22m in Series A funding, capital it will use to scale its collection and billing platform for enterprise merchants across Africa. The round was led by AlphaCode Venture Partners
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Walmart announced on Tuesday that it has completed its acquisition of self-service streaming TV advertising platform Vibe.co. The acquisition, which was announced in June, brings Vibe.co into Walmart Connect, the retailer’s connected TV advertising platform.
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Hackers are in the midst of a massive theft of cryptocurrency from supposedly secure offline hardware wallets, according to blockchain security firms monitoring the heists.
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he Nigeria Revenue Service (NRS) has directed Virtual Asset Service Providers (VASPs) and peer-to-peer (P2P) escrow operators to make a valid Tax Identification Number (Tax ID) a mandatory requirement
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The Series D values the company at a $13 billion post-money valuation. Base Power is installing about 100 batteries per day, according to The Wall Street Journal report, and it hopes to double that by the end of the year
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Speaking at the ceremony, Olugbenga Olabiyi, Managing Director of Dimension Data Limited, said the investment reflects the company’s long-term commitment to strengthening Nigeria’s digital economy.
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African artisans must move beyond traditional markets and embrace the power of digital marketing and e-commerce to unlock global growth, AfriWallStreet has said.
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The 30-year-old firm raised $400 million for its new seed-focused fund and $900 million for its venture fund. Index also added $700 million to a $1.5 billion growth fund raised in 2024
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Pioneering IoT innovation in telecommunications, Vitel Wireless delivers cutting-edge connectivity solutions that power the future of smart technology across industries.
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