Nigerian and African tech news: startups, fintech, telecoms, gadgets, AI and policy.
Mubadala and the EBRD co-led the pre-Series C round, taking Paymob's total funding to about $125 million. It serves over 390,000 merchants.
Synapse Analytics, founded in Cairo, builds AI agents that help banks make lending and risk decisions. It has now raised $17 million in total.
Aeon, which builds cyber defence tools for banks and infrastructure operators, has raised a $1 million pre-seed round led by defence-tech company Terra Industries.
Nigeria was Africa's second-largest startup funding market in H1 2026 behind Egypt, and arguably the strongest for equity once one huge Egyptian deal is excluded.
