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Nigerians are returning to ATMs as PoS transactions fall 20% – TechCabal
After years of losing ground to Point-of-Sale (PoS) agents, Automated Teller Machines (ATMs) are making a comeback as transaction volumes rise while PoS volumes decline.
Africa is building a single payments market but its currencies remain divided – TechCabal
Africa is building regional payment systems that could make cross-border money transfers faster and cheaper, but its fragmented currencies remain a problem that payment rails alone cannot solve.
SoftBank invests $200M in Swiss robotics startup Gravis Robotics – Tech.eu
SoftBank has invested $200m in Swiss robotics startup Gravis Robotics, in what has been billed as a record investment. Gravis says the Series A funding round, in which...
Oui Capital’s Olu Oyinsan on why African VC remains in an existential crisis – TechCabal
Oui Capital would have returned twice the size of its first fund even without Moniepoint, but its general partner still thinks African VC needs a fix.
Monzo chairman Gary Hoffman to stand down after nearly eight years – Tech.eu
The chairman of Monzo’s board, who was reportedly in a boardroom battle with some Monzo shareholders over the departure of its former CEO, is standing down from the...
Head of Zendesk Ventures exits following workforce cutbacks – Global Venturing
Terry Evans Jr, who set up the venture capital investment arm for the customer service software company, is leaving as part of a workforce reduction. The post Head...
