TechNigeria: A weekly digest of what went down in Nigeria’s tech space


Shezlong, Octiv, C. Moore Media, RiseBack, Eyowo, Duplo, Gray, Pezesha, Sony, Anchor. These are some of the names that made the headlines in the tech ecosystem this week.

A Nigerian fee resolution startup, Eyowo, in the course of the week, launched its fee providing, Higher Card, after fulfilling certification necessities by Mastercard.

Additionally, a Nigerian B2B fee platform, Duplo, secured $4.3 million in seed funding to launch new merchandise and develop into new enterprise verticals in Nigeria.

Let’s get into particulars.

Main our reel this week is the story of Egyptian psychotherapy startup, Shezlong, which launched its enterprise in South Africa as ‘Upright’.

Mohamed Alaa, CEO of Shezlong, made the disclosure in a press release on Friday.

What you need to know: Shezlong is a Cairo-based on-line psychological well being platform that permits sufferers to be linked with licensed therapists by way of video go to on cell or internet.

Up subsequent is the story of Octiv’s funding raiser. Tech correspondent Kayode Hamsat reported that South African health administration startup, Octiv, secured an undisclosed acquired Collection A funding from Knife Capital.

Keet van Zyl, the founder of Knife Capital, confirmed investing in Octiv in a media launch seen by FreJobsAlert on Friday.

What you need to know: Octiv also referred to as BoxChamp is a well-liked platform for gymnasium administration software program based mostly in South Africa.

Speaking about acquisition, in the course of the week, Allison+Companions, a San Francisco-based communication agency, introduced the acquisition of African-focused tech PR company C. Moore Media Worldwide Public Relations (CMM) in an undisclosed deal.

CMM made the deal identified on its official Twitter deal with seen by FreJobsAlert on Friday.

What you need to know: C. Moore Media Worldwide payments itself as a boutique unbiased PR company specializing in the African, European, and American markets.

Learn additionally:Egypt’s psychotherapy startup, Shezlong, expands to South Africa. 2 different tales and a trivia

What about Edtech? Throughout the week, we additionally tracked the information of an Indian varsity-backed edtech platform, RiseBack, that introduced increasing its footprint into Africa.

The founder, an Indian American Social Entrepreneur, Dr. Tausif Malik, confirmed the event in a press assertion forwarded to FreJobsAlert.

What you need to know: The African launch comes on the heels of an preliminary launch in the USA, and is predicted to open Africans to a substitute for the prevailing mortal and brick college.

In the meantime, a Nigerian fee resolution startup, Eyowo, has launched its fee providing, Higher Card, after fulfilling certification necessities by Mastercard.

The VP of Merchandise for Eyowo, Ope Adeyemi, confirmed the brand new launch in a media assertion on Wednesday.

What you need to know: 500 customers subscribed to Higher Card in the primary section of the discharge, and is now open to the general public.

Nigeria performed it huge on fund raiser as one other Nigerian B2B fee platform, Duplo, secured $4.3 million in seed funding to launch new merchandise and develop into new enterprise verticals in Nigeria.

Yele Oyekola, CEO and co-founder of Duplo, confirmed the newest funding in a media launch on Wednesday.

What you need to know: The newest funding noticed participation from Liquid2 Ventures, Soma Capital, Tribe Capital, Commerce Ventures, Basecamp Fund, and Y Combinator whereas Oui Capital additionally re-invested after taking part in the earlier spherical.

Nonetheless on newest developments in Nigeria, one other Nigerian fintech startup, Gray, secured a $2M seed funding to develop its geographical footprint.

The startup’s CEO, Idorenyin Obon confirmed the newest raiser in a media assertion seen by FreJobsAlert on Tuesday.

What you need to know: Enterprise capital companies together with Y Combinator, Soma Capital, Heirloom Fund, and True Tradition Fund are among the many buyers in the spherical.

Lastly, well-liked Japanese multinational conglomerate company, Sony, in the course of the week, introduced launching ‘PlayStation Studios Cellular’ with its acquisition of Savage Sport Studio.

Hermen Hulst, head of PlayStation Studios, confirmed the acquisition in a media assertion on Tuesday.

What you need to know: The corporate will function as half of a brand new PlayStation Studios Cellular Division.

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