SBA Supercharges Small Businesses with $20 Million Boost for Global Expansion
The U.S. Small Business Administration (SBA) has recently allocated $20 million in grants to support small business international trade. These grants will benefit 49 state and territory international trade agencies across the nation through the SBA’s State Trade Expansion Program (STEP). This initiative by the Biden-Harris Administration aims to empower small businesses to promote their […]
Unveiling the Extraordinary Journey of Veteran Investor Olumide Soyombo in His Memoir “Vantage”
Access Corporation’s Group CEO, Herbert Wigwe, has hailed the book “Vantage” as a groundbreaking treatise on the rapid growth of the tech industry in Nigeria. Wigwe went as far as describing it as the “most important book” to have emerged on this subject to date. “Vantage” delves into the expanding tech space in Nigeria, shedding […]
California Fast Food Workers about to Win Big with Minimum Wage Boost
California Fast Food Workers May See Significant Wage Increases by 2024 California’s fast food and healthcare sectors could be in for a major shake-up as new legislative proposals aim to raise the minimum wage for workers in these industries. According to a report from Fox Business and Wall Street Journal, a recently revealed pact between […]
How Sendy’s $1 Million Monthly Burn Rate Led to a Desperate Firesale
End-to-end fulfillment platform, Sendy, is currently in search of a buyer after shutting down its operations last month. According to a reliable source familiar with the matter, the company was burning as much as $1 million monthly during the peak of its operations. This development comes as no surprise, considering the rising costs Sendy experienced, […]
Small Business Owners Must Prepare for the Google Antitrust Trial
The United States is currently witnessing what has been labeled as the most significant antitrust trial in decades, with Google’s monopoly over internet search coming under scrutiny. This development has the potential to bring about changes that will have a profound impact on various aspects of the digital landscape, particularly for small business owners who […]
Interswitch Partners with Google Pay to Revolutionize Online Payments
Interswitch, the leading payments company, has made a significant stride in enhancing the accessibility and convenience of online payments in Nigeria. With the launch of its latest feature, support for Google Pay on the Interswitch Payment Gateway (IPG), merchants and users can now enjoy seamless transactions with a simple click of a button. By integrating […]
Unity Bank’s Surprising Losses of ₦38bn in H1 2023 Shake Banking Industry
Unity Bank, one of Nigeria’s leading financial institutions, has unveiled its financial performance for the first half of 2023. Unfortunately, the bank experienced a significant setback, reporting losses amounting to a staggering ₦38.8 billion during this period. This comes as a stark contrast to the same period last year when the bank recorded a modest […]
Flutterwave’s Game-Changing Solution: Introducing Swap, Fixing Nigeria’s FX Woes with CBN’s Full Support
Flutterwave, the renowned fintech company, has recently introduced a groundbreaking product known as Swap. This innovative offering aims to revolutionize the way Nigerians obtain foreign exchange. One significant advantage Flutterwave has in this venture is the backing of the Central Bank of Nigeria (CBN). To bring Swap to life, Flutterwave has formed a strategic partnership […]
Boosting Customer Support with AI: Introducing Rippey’s Integration with Slack and Microsoft Teams
Rippey AI, a leading provider of AI-driven customer support solutions, has announced its integration with two popular collaboration platforms, Slack and Microsoft Teams. This strategic move by Rippey AI aims to revolutionize user experiences by offering seamless and efficient communication options. In today’s fast-paced digital era, where prompt and reliable communication is crucial, Rippey AI’s […]
Discover How Kenyan Digital Lender LipaLater Raised $1.2 Million Through Crowdfunding
Kenyan buy now, pay later (BNPL) company LipaLater is turning to crowdfunding to raise $1.2 million at a valuation of $30 million. The decision comes just months after the company acquired Kenyan online marketplace SKY.Garden, which was on the verge of shutting down due to a failed funding round. LipaLater is accepting investments as low […]