Klump Shuts Down: Why a BNPL on Jumia and Konga Failed
The Nigerian buy now, pay later startup closed after five years and $1.2M raised. Slow bank partners, no loan book and a missed exit explain why.
Blog & Guides
Startups
Tracking the Nigerian and African founders building the next big thing-funding rounds, launches, and lessons from the ecosystem.
OPay Sets IPO Price Range, Eyes $4.4B Valuation on NYSE
OPay will sell 16 million ADSs at $19 to $21, raising up to $336M. The backers, the numbers investors are buying and the lending risk to watch.
Otter.ai Raises $320M Without Selling Equity: How It Works
Otter.ai took $320M from General Catalyst's Customer Value Fund. How non-dilutive growth financing works, and lessons for founders.
Luno Buys GTXN: Why a Crypto Exchange Wants a Nairobi Payments Firm
Luno has bought Kenya's GTXN to own the rails behind cross-border payments. What the deal buys, what it hides, and what founders can learn.
Even Healthcare Raises $50M for Hospitals After Cutting 350 Jobs
Bengaluru's Even Healthcare raised $50M led by Khosla Ventures to build five new hospitals, two months after reported layoffs. The numbers, the pivot and the lessons.
M-KOPA Buys KilpiTek for $8M to Own the Lock Behind Its Loans
M-KOPA quietly bought Finnish device-locking firm KilpiTek for $8M. The Companies House filing, the 2025 numbers behind it, and lessons for African founders.