Nigerian Digital Banking Startup Kuda raises $1.6 million


Many startups are in the news these days. Now, a Nigerian fintech startup, Kuda, has raised around $1.6 million in a pre-seed funding round. However, the startup is a digital-only retail bank and it has launched a beta version of its online mobile platform. Kuda is a licensed online bank. This has given the company an edge over other startups. The founder of the startup, Babs Ogundeyi, said, “We are proud of the fact that Kuda is a licensed bank. We have introduced our own brand new banking software. We…

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Work Life Ventures raises $5M for Debut enterprise seed fund

Brianne Kimmel

Brianne Kimmel didn’t have any problem in converting from angel investor to a general partner. She initially wanted to collect $3 million in investments. However, she closed at $5 million for her debut capital fund Work-Life Ventures. The enterprise also has a list of impressive partners, like Invision CEO Clark Valberg, Zoom chief executive officer Eric Yuan, Cameo CEO Steven Galanis, Twitch co-founder Kevin Lin, Chris Dixon, and Andreessen Horowitz general partners Marc Andreessen and Chris Dixon, Felicis Ventures, NFX, fund-of-funds Slow Ventures, and Initialized Capital GP Garry Tan. Kimmel…

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AppZen Raises $150M to Build AI Tools for expenses

credit card on laptop

Artificial intelligence has become quite popular in recent times. AI is now being used in cancer diagnosis. It also plays an important role in how a company operates, from forming the core service to building new things and helping with paperwork. Today, one of the fastest-growing AI startup, AppZen, has announced a new round of funding. The company builds AI-powered tools and it has raised around $50 million in funding led by Coatue Management. The previous investors in the company, like Lightspeed Venture Partners and Redpoint Ventures, are also taking…

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Fairphone 3 is a traditional smartphone with ethical Shine

Fairphone 3

Smartphones have become such a vital part of our life that we can’t live without them. Most people keep on using the same smartphone for years. They don’t upgrade to the next year’s phone because it is almost the same as their own phone. However, Dutch social enterprise Fairphone wants to take this opportunity to sell sustainability. The company wants people to think critically on the costs involved in the upgraded smartphone. Now, the company has just released its latest model, Fairphone 3. When you first look at it, Fairphone…

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CDC urges People to stop Vaping as mystery lung condition spreads

Man vaping

Vape lung is spreading with time. Now the CDC is warning people about using vaping products. In a media briefing, the public health agency urged people to stop vaping. The agency also said that the disease has affected 450 people and five of them have died. The CDC’s incident manager, Dana Meaney Delman, mentioned the situation in these words, “CDC and other partners are investigating the case and no exact cause has been found so far. We haven’t been successful in linking a specific e-cigarette substance to all the cases.…

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