Ventures Platform returns capital on 4 out of 6 investment cohorts
Ventures Platform claims it has generated returns on four out of six investment cohorts. The VC firm raised a $46 million fund and disbursed $19.6 million across different startups on the continent.
Prolific Nigerian VC firm Ventures Platform casts a wider net across Africa
Ventures Platforms has invested in 78 startups, including Piggyvest, Moniepoint, and Paystack. The firm is expanding its focus outside Nigeria and aims to become more pan-African.
CNBC Recognizes Flutterwave, Kuda, and Piggyvest Among Top 250 Fintech Innovators
Seven African fintech companies, including Flutterwave, Piggyvest, Kuda, MTN, Bank Zero, Palmpay, and Yoco, were included in the 2024 list of the top 250 fintech companies. The selection process considered metrics such as revenues, sales growth rate, and total headcount.
Flutterwave, Kuda, Piggyvest named CNBC’s Top 250 Fintech Companies
Statista and CNBC released their 2024 list of the top 250 fintech companies, including seven African companies. Kuda and Bank Zero were categorized as the best neobanks.
Lagos State is crafting its own Startup Bill
Lagos State is crafting its own Startup Bill called the Lagos Innovation Bill to support tech startups. Paystack and Piggyvest have acquired Brass, a Nigerian digital bank for small businesses.
