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Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

If you recall, we released a year in review in January 2020 before we released the fiscal year of 2019 report,” he told TechCrunch. The company’s annual reports reveal numbers on gross earnings, profit/loss before and after-tax, net impairment loss, total assets, liabilities, and equity, among others. billion (~$241.35

Banking 291
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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Founders : Before beU delivery, Hao Zheng, who leads the team as chief executive, was the founder and CEO of Yooul, a social networking app in China. Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Website : [link].

.Net 228
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Daily Crunch: Mos evolves from fintech into challenger bank, as early users start post-college lives

TechCrunch

I think it nets out to a changing market, but not one that has settled on a new level of risk tolerance. The net is that some investors appear to be dialing back their appetite for high-priced startup rounds, while others are, well, not. Big Tech Inc. Hello and welcome to Daily Crunch for Thursday, February 3, 2022!

Fintech 224
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CIO Fletcher Previn on designing the future of work

CIO

Fletcher Previn: Over the last few years, we have experienced the evolution of work in three phases: technology, cybersecurity, and culture. Phase one was getting the technology in place to support our employees in an environment of 100% remote work. How do you define ‘best-in-class’ from a social perspective?

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How to Create a Banking Application from Idea to Ready Product?

Existek

How does mobile banking impact the future of the financial industry? Why do banks and financial institutions recognize the potential to offer mobile app services to their customers? Check this article on how to build a mobile banking app and discover the opportunities it opens for your business.

Banking 52
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Employee engagement: 10 best practices for improving your culture

CIO

Some want promotions while others want to stay where they are, working on the technology they love, and still others want room to spend more time with family. I also do team reviews, where we talk about accomplishments, what’s getting in their way, how they feel about the work. You don’t even need strong social skills.

Culture 324
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Peruvian startup Leasy secures $17M in debt, equity to provide auto loans to LatAm ride-hailing drivers

TechCrunch

Italian-born Gregorio Gilardini and Alejandro Garay, who hails from Spain, met in Peru several years ago and discovered they both had an interest in using technology to make a social impact and help people escape “the poverty trap.”. It also requires a down payment of 5%, compared to the 20% to 30% required by most banks.

Banking 218