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Flutterwave UK reports £2.27 million loss in 2024 despite revenue growth Flutterwave UK has reported a sharp decline in ...
09/10/2025

Flutterwave UK reports £2.27 million loss in 2024 despite revenue growth

Flutterwave UK has reported a sharp decline in its financial performance for the year ending December 2024, posting a net loss of £2.27 million, up significantly from £485,000 in 2023, despite a 21% increase in turnover to £6.6 million.

Link to the full story: https://techpoint.africa/news/flutterwave-uk-2024-financial-result/

Utiva’s pivot: From skills training to becoming an employer of record for global hiringUtiva, originally focused on digi...
09/10/2025

Utiva’s pivot: From skills training to becoming an employer of record for global hiring

Utiva, originally focused on digital skills training across Africa, has evolved into a platform that helps companies in the Global North hire, onboard, and pay African tech talent more seamlessly.

Their new model, Utiva Hire and Utiva Pay combines AI-powered tools for matching talent, managing compliance, and handling payroll. Over the past year, they’ve placed dozens of candidates in international roles while staying profitable since 2022.

Read the full story to understand their business model, tech stack, and how Utiva plans to scale its employer-of-record service globally. Utiva’s pivot: From skills training to becoming an employer of record for global hiring

Link to the full story: https://techpoint.africa/feature/utiva-employer-of-record-pivot/

How two former Andela engineers are using AI to fix the chaos of onboardingWale Ayandiran and Franklin Chieze built Onbu...
09/10/2025

How two former Andela engineers are using AI to fix the chaos of onboarding

Wale Ayandiran and Franklin Chieze built Onbuddy, an AI assistant that integrates with tools like Slack and Microsoft Teams to streamline employee onboarding. After seeing HR teams bogged down by repetitive tasks, sending follow-ups, tracking paperwork, reminding employees. Onbuddy automates those routines so people can focus on meaningful work.

Instead of replacing existing HR systems, Onbuddy sits alongside them: greeting new hires, nudging tasks, pulling info from connected HR tools. Their flat-rate subscription model means an organisation pays one price regardless of team size, which helps when scaling fast.

Read the full story to see how they built this from their experience at Andela, the challenges of client acquisition, and their vision for AI in everyday HR work: https://techpoint.africa/feature/two-andela-alumni-using-ai-to-simplify-hr/

Google empowers university students in five African countries with 12 months of free AI toolsGoogle is offering students...
09/10/2025

Google empowers university students in five African countries with 12 months of free AI tools

Google is offering students in Nigeria, Ghana, Kenya, Rwanda, South Africa, and Mozambique free access to its AI Pro suite for a full year.

This initiative gives undergrads aged 18+ access to premium features like Guided Learning, Deep Research, NotebookLM, Veo 3 (for creative content), and 2TB cloud storage. It’s part of Google’s effort to boost AI literacy in Africa and enable students to build, research, and compete globally.

Read the full story to see how this move could reshape academic innovation and empower the next generation of creators across the continent: https://techpoint.africa/news/google-empowering-university-students/

Nigeria’s lower house eyes tighter oversight of POS and crypto, cites rising fraud and cybercrime Nigeria’s House of Rep...
09/10/2025

Nigeria’s lower house eyes tighter oversight of POS and crypto, cites rising fraud and cybercrime

Nigeria’s House of Representatives has established an ad hoc committee to review the operations of Point-of-Sale (POS) systems and cryptocurrencies in the country. Speaker Abbas Tajudeen said the committee was necessary due to the growing cases of fraud and cybercrime tied to these platforms.

Read the full story here: https://techpoint.africa/news/nigeria-tighter-oversight-crypto-pos/

Vendcliq, a Nigerian-founded startup, says it is digitizing beverage retail operations across Africa through an AI-power...
08/10/2025

Vendcliq, a Nigerian-founded startup, says it is digitizing beverage retail operations across Africa through an AI-powered vending and inventory platform designed to help vendors make data-backed stocking decisions and improve supply chain visibility.

More https://zurl.co/oAx9T

- Brand Press

Gemini Group has expanded its A2P messaging and USSD services, recording a 94% message delivery rate and increasing usag...
08/10/2025

Gemini Group has expanded its A2P messaging and USSD services, recording a 94% message delivery rate and increasing usage among enterprises in Nigeria and Ghana.

Read the full details of their expansion https://zurl.co/8eQk9

- Brand Press

Chune. xyz and Amapiano Groove Records are collaborating to put African music ownership on-chain, exploring new models f...
08/10/2025

Chune. xyz and Amapiano Groove Records are collaborating to put African music ownership on-chain, exploring new models for artist revenue and fan participation.

More https://zurl.co/Pp3cB

- Brand Press

LG Electronics has announced it received 17 recognitions at the first-ever IFA 2025 Innovation Awards, including the Bes...
08/10/2025

LG Electronics has announced it received 17 recognitions at the first-ever IFA 2025 Innovation Awards, including the Best of IFA title.

The company says its OLED T transparent TV earned top honors in Home Entertainment, while other awards covered categories such as Mobility, Accessibility, and Smart Home.

Read the full Brand Press https://zurl.co/UBKLS

- Brand Press

Interswitch says its Payment Gateway (IPG) has been upgraded to improve transaction reliability and coverage for merchan...
08/10/2025

Interswitch says its Payment Gateway (IPG) has been upgraded to improve transaction reliability and coverage for merchants in Nigeria’s digital commerce space.

The company reports that the platform now processes billions of annual transactions and supports multiple payment channels, including cards, transfers, and wallets.

More https://zurl.co/atYfs

- Brand Press

Moniepoint acquires Bancom Europe, maps out its European playbookMoniepoint has completed the acquisition of Bancom Euro...
07/10/2025

Moniepoint acquires Bancom Europe, maps out its European playbook

Moniepoint has completed the acquisition of Bancom Europe, an FCA-licensed e-money institution. Rather than going through fresh licensing, this move instantly gives Moniepoint access to the UK and the entire EEA market, a strategic leap in its global expansion.

The fintech’s UK operations posted a $1.2 million loss in their first year, with no revenue from February to December 2024, all funded by the parent company.

Despite this, the deal signals ambition: by inheriting Bancom’s regulatory permissions, Moniepoint fast-tracks its entry into Europe’s payments space.

Read more about how Moniepoint is bridging its Nigerian base with European markets: https://techpoint.africa/news/moniepoint-acquires-bancom-europe/

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