Identity verification company Youverify extends seed funding to $2.5M as it expands across Africa

This past month has seen several African fintechs such as Flutterwave and Union54 make headlines for compliance checks and fraud issues. Both unlinked events re-emphasize the importance of know your customer (KYC) and anti-money laundering (AML) checks and why...

TextExpander, which lets users build shortcuts to speed up business communications, raises $41.4M, its first-ever funding

RPA, and companies like UiPath, swooped into on the world of work a few years ago as a catchy way for organizations to help teams automate and speed up repetitive business activities such as processing information on forms. Today, a company called TextExpander —...

Amazon debuts new Alexa developer tools, including support for multiple voice assistants

Today during an event focused on Alexa developer and partner news, Amazon announced new features and integrations, including a collection of APIs and software development kits (SDKs) aimed at making Alexa more versatile. They come a month after the company demoed...

X1’s income-based credit card is finally launching to the public

The credit card market has become increasingly crowded, with consumer fintech startups like locked in a fierce competition to differentiate their offerings through branding, rewards programs and even crypto compatibility. X1 Card is taking a different tack by...

African fintechs halt virtual dollar cards after Union54 chargeback fraud surge

Last Friday, Barter, the consumer app of Africa’s most valued startup Flutterwave, told customers via email that they would not be able to access its virtual dollar card service from July 17. Hence, customers would be unable to create new virtual dollar cards, fund...