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Lagos, Lagos · LagosAs a child, it was not unusual for Wilson Dike’s friends to travel outside the state, moving in and out of the neighbourhood for one reason or another. Separated, they developed a “pen pal” culture, writing letters to one another to stay in touch. But letters took weeks to deliver, and replies came back even slower. Then came the email. He remembers the thrill of sitting in a cybercafé, sending a message to a friend, and seeing their response a…Read Article
From a cushy KPMG role to starting afresh in a new country
Startups · South AfricaStreet Wallet, a South African mobile payment fintech, has raised $350,000 (R6.2 million) in funding at a valuation of $2 million (R35.5 million). The raise, led by undisclosed investors, will help the company deepen its reach into South Africa’s informal economy, grow sales, and expand operations nationwide. Founded in 2021 by Kosta Scholiadis, Street Wallet aims to solve what he calls “a simple but critical problem” in the informal economy. Th…See the Story
