Grey, Cloud Fret, FlexID, Broadcom, ShEquity, Starlink, Bloom. These are some of the names that made the headlines this week in the Tech world, IgbereTV reports
31-year-old IT solution provider, Broadcom, during the week, initiated move to acquire VMware for $61bn
Also, a Nigerian Fintech startup, Grey, during the week, expanded into East Africa through a new partnership with single API payments platform, Cellulant.
Let’s get into details.
One common metric of success for businesses is expansion and growth. Nigeria’s Fintech startup, Grey, ticked an expansion box during the week.
A Nigerian Fintech startup, Grey, expanded into East Africa through a new partnership with single API payments platform, Cellulant.
Grey’s new partnership was confirmed on Friday in a statement on the official website.
Our report noted that Grey is a cross-border payment platform that provides foreign banking services for freelancers and remote workers in developing economies, starting with Africa.
Another story that court our attention during the week is cloud fret where it raised a round to pursue its expansion plan.
Tech correspondent Hamsat Kayode reported French logistics and digital freight platform, Cloud Fret, announced securing a $1m round.
According to our correspondent, the CEO and founder, Driss Jabar, confirmed the funding to Ripples Nigeria on Friday.
We reported that several VCs and business personalities participated in the round including Plug and Play, PRC Ventures ICAV, Azur Innovation Fund, AfriMobi, and business angel Khalid Zitouni.
Still on fundraisers, we covered another development in Zimbabwe. This time, however, undisclosed
