PayStack lays off 33 employees 👬 | Amazon to sell cars online 🚙

STARTUPS

PayStack lays off 33 employees in Europe and the UAE as it reduces operations outside of Africa 👬

Paystack, a Pan African Payments company, is letting go of 33 of its employees in Europe and the UAE as it reduces its operations outside of Africa. According to CEO Shola Akinlade, the company is changing its operating model to prioritize locating team members within the markets it serves, to localize costs and get closer to its customers.……read more

Chimoney expands global reach with acquisition of Scrim for seamless African payments

Chimoney, a global payment solutions provider backed by Techstars and based in Canada, has successfully acquired Scrim, a socially-driven payment app tailored for the digital generation. This acquisition holds particular significance given the challenges posed by PayPal’s current restrictions in African markets. The acquisition signifies a strategic move by Chimoney to empower individuals in emerging markets who have historically faced barriers on global financial platforms. Scrim, initially developed by Pleasant Balogun, a Nigerian teenager, gained attention for its user-friendly design and integration with Chimoney’s Infrastructure and API……read more

Nigerian Blockchain Startup, WiCrypt, ventures into China with Onega Ventures Partnership

WiCrypt, an African Web3 startup known for its blockchain-based WiFi sharing network, has taken a significant step by appointing Onega Ventures as the exclusive distributor of its devices in China, marking the company’s foray into the Asian market. Established in 2018, WiCrypt transforms how people access WiFi. You can simply download their app to share your mobile device’s connection easily. Alternatively, you can use their special WiCrypto hotspot creator device. This device is customisable, allowing you to add surveys, ads, and collect customer data….read more

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ECOMMERCE 🛒

Amazon to sell cars online, starting with Hyundai 🚙

Amazon, the online retail powerhouse that began its journey by selling books, has announced a groundbreaking expansion into the automotive sales sector, in collaboration with Hyundai. Starting in the second half of 2024, U.S. customers will have the ability to purchase Hyundai vehicles directly through Amazon.com, with the service expanding to include other car brands later that year…..read more

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PRODUCTS

Revamped Showmax to introduce Premier League Mobile Streaming in Africa 📺

Showmax, a leading streaming service in Africa, is gearing up for a major relaunch in February 2024, celebrating its eighth year in the African streaming market. The announcement follows a recent notice on its website, indicating that access to Showmax outside of Africa will cease from December 1, 2023.

The upcoming revamp involves a new logo, a refreshed brand identity, the introduction of a new app, and a completely revamped product suite. This decision comes shortly after Showmax announced a strategic partnership with media giants Comcast’s NBCUniversal and Sky earlier this year.…..read more

Apple announces that RCS support is coming to iPhone next year 📲

Big win for Google, as the blue bubble versus green bubble drama may be coming to an end, with Apple bringing RCS support to iPhones via software update starting in 2024.

That’s not to say that messages from Android devices will no longer appear green on Apple’s iMessage app. It does mean that texts from iPhones to non-iOS devices will support the newer Rich Communication Services protocol, meaning they will not have to go through the aging SMS (and MMS) system……read more