ACE

Lidya will provide unsecured loans to SMEs in Africa

Padi.ng, an ecommerce website that aggregates inventories of partner stores, is promising to get users’ orders to their location within I hour, 30 minutes.

In 2013, Tunde and Ercin left Jumia to start up a logistics and order fulfilment company. Yes, that’s the deep end of ecommerce. And apparently, they are pwning at it.

This is a perfect coup; payments, meets marketing, meets logistics and web development. It’ll be interesting to see what more economies of scale come with owning a storefront up on Shoppey.

Africa Courier Express (ACE) has raised $2.6 million from investors, $850,000 of which comes from Interswitch. The funding was revealed today by Interswitch as part of the announcement of its $10 million e-payment fund for startups in Africa.

E-payment processing company, Interswitch has launched a $10 million dollars for e-payment startups.