SeamlessHR, a leading Nigerian HR-tech startup, has secured $9 million in Series-A extension funding from investors like the Gates Foundation and Helios Digital Ventures. With this boost, the company is expanding into Nigeria’s public sector, targeting government agencies to modernize HR operations.
Resilience17, founded by Flutterwave CEO GB Agboola, has introduced Go Time AI, an accelerator program aimed at empowering African AI startups. With up to $200,000 in funding, mentorship, and technical resources, the program supports innovators in building scalable AI solutions. The first cohort includes startups like Catlog, Sahel AI, and FriendNPal, showcasing Africa’s potential in the global AI landscape. Applications for the next cohort open in May 2025.
Applications are now open for the Tony Elumelu Entrepreneurship Programme (TEEP), offering African startups training, mentorship, and $5,000 seed funding. Join a network of 10,000 entrepreneurs driving innovation and economic growth across the continent. Apply today!
Stanbic IBTC Holdings Plc is set to recapitalize its fintech subsidiary, Zest Payments, with ₦4 billion to enhance its competitiveness in Nigeria’s fintech space. Despite lagging behind peers like Hydrogen and HabariPay, Zest aims to leverage this investment to boost its e-commerce and payment solutions, paving the way for future profitability.
SC Ventures and Yabx have partnered to invest $10 million in Furaha, an innovative platform aimed at transforming education financing in sub-Saharan Africa. With a focus on increasing financial accessibility, Furaha is set to empower families and foster brighter futures for millions of children across the continent
Accrue, a Nigerian fintech startup, has raised $1.58 million in seed funding led by Lattice Fund. Originally launched as a crypto investment platform, Accrue pivoted to address cross-border payment challenges in Africa.
