These latest stories from the tech space will keep you updated with trends today.
1. Y Combinator selects Nigeria Fintech startup Mono
p;/Silicon Valley-based accelerator Y Combinator has selected Nigerian fintech startup, Mono, into its Winter 2021 batch.
The Fintech player, Mono, through the selection, banks US$125,000 funding and further support.
Founded in August 2020, Mono helps digital businesses in Africa access their customers’ financial and identity data.
According to press, its plug-and-play technology allows customers like Flutterwave, Carbon and Indicina to access a broad range of high-quality financial data from institutions across Africa through a single API.
Abdul Hassan, founder and chief executive officer (CEO) of Mono, explained that its startup’s API enables businesses and developers to build applications that connect with their users.
He said: “Mono is the API for financial accounts. Our API enables businesses and developers to build applications that connect with their users’ financial accounts in a manner that is many more times reliable, predictable, performant, and fair than anything else available.”
Who is the richest tech genius?
A. Mark Zuckerberg
B. Jeff Bezos
C. Bill Gates
D. Michael Dell
Answer: See end of post.
2. Transcode develops app to help banks, telecoms combat fraud
Transcode shared the news with the public in a press release, where it disclosed it is currently seeking funding to scale it across the continent.
According to Transcode, iGuard is a fraud and money laundering detection engine that leverages the power of artificial intelligence (AI) to prevent and detect complex fraud, in real-time, in banking and telecommunications companies.
Adam Hassan, founder and chief executive officer (CEO) of Transcode, explained that the iGuard product is currently attracting patronage in the industry.
He said: “The application has extra analytics and link analysis modules for investigative teams and analysts. It’s currently in use in a telecommunications company and a financial services provider.”
3. Knowledge Officer launches tech fellowship programme for MENA region
The programme, which was aimed at comprehensively upskilling participants, is expected to foster innovation in the industry of tech within the Middle East and North Africa region (MENA).
Ahmed El-Sharkasy, CEO and cofounder, Knowledge Officer, who spoke on the development, expressed optimism on the future of the project.
He said: “We are very excited about launching the Tech Fellowship as part of our MENA Skills Initiative with a fantastic range of partners in the Middle East. There has never been a time where impactful and market-driven training is needed more than now.
“We promise our learners that we will do our best to help them navigate the current uncertainty due to the instability in the job market and to give them a solid opportunity not just to upskill but to have amazing job opportunities as well,” he added.
Tech Trivia Answer: Jeff Bezos ($113 billion)
In 1994, Jeff Bezos launched Amazon.com Inc. (AMZN) after leaving a well-paying job at a Wall Street hedge fund. By starting Amazon as a simple online bookseller, Bezos was hoping to cash in on the rapid growth of Internet businesses in the 90s. Yet, through the years, both he and Amazon have proved to be transformative. Today, he leads the pack with the Microsoft genius Bill Gates ($98 billion) coming next.
Join the conversation
INVESTIGATION….N.3bn down the drain: Why water projects for Enugu communities don’t work
In this concluding part, ARINZE CHIJIOKE talks about some of the projects that are serving the people and how various WASH programmes have failed to tackle...
INVESTIGATION…PARKVIEW ESTATE: Exclusive images of how billionaire property developer incurred Lagos govt‘s anger
Many have seen the demolished building, but not many know the circumstances that led to the teardown of the about...
INVESTIGATION… N.3bn down the drain, as Enugu communities suffer from dry taps
In November 2020, three organizations and the Enugu State government celebrated the completion of N300 million worth of projects that were expected...
INVESTIGATION… How herdsmen crisis compounds woes of already deprived Ogun communities
Earlier in January, the Nigerian media space was awash with reports of violence between herders and farmers across the country....
Investigation… Inside Enugu markets where traders are choked by multiple taxes
In recent times, the world economy has developed tremendously and this is partly linked with activities of petty traders who...
About 80 athletes to represent Team Nigeria in 10 Tokyo Olympics events
The Ministry of Youth and Sports Development has unveiled a comprehensive plan for Team Nigeria towards a podium success at...
Dortmund beat Leipzig to win fifth German Cup
Dortmund put up a fine performance on Thursday night to beat RB Leipzig in the 2020-21 German Cup final. It...
Salah, Firmino star as Liverpool seal comeback win at Man Utd
Liverpool came from behind to beat Manchester United 4-2 in a Premier League clash at Old Trafford on Thursday. Mohamed...
Nadal, Djokovic reach Italian Open quarter-finals, Murray crashes out
Rafael Nadal and Novak Djokovic have both reached the quarterfinals of the Italian Open after winning thier respective ties on...
Lukaku, Young, two other Inter players fined for breaking COVID-19 rules
Four Inter Milan players, including Romelu Lukaku and Ashley Young have been fined for breaking Covid-19 rules in Italy. Lukaku,...
Latest Tech News
Nigeria’s CDcare launches zero-interest, pay-later platform. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Nigeria’s CDcare launches...
Nigeria’s ClassNG launches as open marketplace for education. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Nigeria’s ClassesNG launches...
Healthtech startup launches engagement app for African nurses. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Healthtech startup launches...
GirlCode partners Amazon to upskill unemployed women. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. GirlCode partners Amazon...
SpaceX to launch lunar mission funded with crypto. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. SpaceX to launch...
TechNigeria: A weekly digest of what went down in Nigeria’s tech space
It’s Saturday, again. Welcome to your favourite tech update column. Trust me to take you on a ride to catch...