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On this video, we’ll talk about the newest fundraising information within the African fintech trade as Nigerian fee service supplier Nomba secures $30 million in a pre-Sequence B funding. The funding was led by San Francisco-based Base 10 Companions, and present buyers from its $5 million Sequence A spherical in 2019, Partech and Khosla Ventures, additionally participated. New backers embrace Helios Digital Ventures and Shopify, which could be making its first funding on the continent by way of the Nigerian fintech outfit. We’ll additionally cowl Shopify’s latest main restructuring, which noticed the corporate shed roughly 1,800 jobs, or about 20% of its workforce. Moreover, we’ll talk about OpenEnvoy’s announcement of elevating $15m in a Sequence A funding spherical led by RRE Ventures, because the Silicon Valley AI firm goals to stop billions of {dollars} in overpayments by automating expensive finance processes.
00:00 – Intro
00:16 – New Funding Spherical for Nigerian Startup
1:31- Large Layoff at Shopify
2:44 – OpenEnvoy Will get New Funding Spherical
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