Synergy Capital has disclosed its three invesments in Nigeria and the fintech startup was not one of them.
Nigerian e-commerce and e-payments company, NetPlus Advisory has obtained a Payment Terminal Service Provider (PTSP) approval from the country’s financial services regulator, the Central Bank of Nigeria (CBN).
How many million? We don’t know, because they didn’t say. Netplus Advisory intends to use said multimillion dollar funding to ramp up its ecommerce and e-payments activities in Nigeria, and Africa.
Yesterday, we posted more information about the iSec 10 million dollar investment from Synergy Capital. The sum by itself is cause for curiosity. But even more befuddling is the valuation of $100 million. There hasn’t been a first round of this size before, and certainly not from local investors. Can this mean that local tech […]
Somehow, this isn’t quite getting the attention it deserves. Perhaps because it sounds too good to be true. It is both, at the same time. iSec, a startup that has developed secure authentication technology for the Nigerian finance industry has raised [up to]* $10 million from Synergy Capital. According to sources familiar with the transaction, […]