Klak Launches Cash Management Platform for SMBs in Nigeria and Kenya
Klak, a B2B Software-as-a-Service provider building automation tools for finance teams launches a cutting-edge cash management and finance automation platform to revolutionize financial operations for SMBs in Nigeria and Kenya.
Lagos, Lagos State – Klak, a leading B2B SaaS provider, has officially launched its innovative cash flow management and finance automation platform designed to help small and medium-sized businesses (SMBs) streamline their financial operations and optimize cash flow. This new solution aims to address common challenges in B2B payments, improve financial visibility, and reduce time spent on manual financial tasks.
OPINION | How Fintech Founders in Africa Are Thinking About Fundraising and Building in 2025 and Beyond
I’ve been having interesting conversations with African fintech founders lately, and there’s a clear shift in how they’re thinking about building and fundraising. So I wanted to share some reflections from those conversations.
Read more: https://bitcoinke.io/2025/02/how-african-fintech-founders-are-thinking-in-2025/
A blue ocean strategy-driven 24-hour economy in Ghana: Innovation beyond competition
Given Ghana’s current GDP, estimated at about $74.3 billion (1.1 trillion GHS) in 2024,the country remains constrained by an outdated 8-hour economic model, limiting its ability to unlock new market opportunities, drive job creation, and boost investment inflows.
Most businesses shut down by 10 PM, resulting in billions in unrealized revenue and restricted economic productivity. Meanwhile, global 24-hour economic leaders—such as Singapore, Rwanda, Dubai, and New York—have leveraged the Blue Ocean Strategy (BOS)to eliminate market constraints, optimize business hours, and create entirely new industries beyond the traditional competition.
Africa Data Center Construction Market Industry Outlook & Forecast 2025-2030 – Market Set To Nearly Triple by 2030, Reaching $3.06 Billion
The Africa data center construction market is highly competitive, featuring global companies such as ABB, Eaton, Legrand, Schneider Electric, Siemens, Rolls-Royce, and Vertiv, all of which are supplying advanced electrical infrastructure to cater to the increasing demands of data centers in Africa.
Dublin, Feb. 17, 2025 (GLOBE NEWSWIRE) — The “Africa Data Center Construction Market – Industry Outlook & Forecast 2025-2030” report has been added to ResearchAndMarkets.com‘s offering.
Read more: https://shorturl.at/OB5Pc
Invoice factoring start-up Revving secures £107m in mix of equity and debt funding
Founded in 2020 by CEO Chris Pettit and COO David Mandeno, Revving offers a technology platform designed to help digital businesses – particularly in the adtech sector – access cash from their sales revenue, enabling them to receive funds faster through invoice factoring.
UK adtech is currently estimated to contribute £129 billion to the domestic economy, yet Revving says extended payment terms have left businesses waiting in excess of four months to receive payments from invoices.
The fintech says its receivables funding platform “integrates with digital platforms and marketplaces to capture sales data and provide instant access to revenue ahead of invoice creation”, providing users with more “transparency and control over their cashflows”.
Paymentology & Sticitt Launch Mastercard Debit Solution
Theo Kitshoff, Co-Founder and CEO at Sticitt, commented: “Paymentology recognized the future we’re building at Sticitt and eagerly joined forces with us to help realize this vision. When selecting a partner, it was crucial to choose one that was willing to push the envelope and collaborate to make our offering a reality. Paymentology stood out not only because of their innovative approach but also because they went the extra mile to make it happen. Their commitment to our vision was compelling, and their tailored approach to product development was exactly what we needed to bring our solution to life.”
The platform simplifies the process of making school-related payments for parents, learners, and visitors, thereby increasing possible school revenue and reducing schools’ finance administration burdens. Schools benefit from more efficient financial operations, allowing them to focus on their core mission: providing vibrant learning environments.
Read more: https://www.itnewsafrica.com/2025/02/paymentology-sticitt-launch-mastercard-debit-solution/
Crypto exchange Bitget bags Bulgarian VASP licence, continues European expansion
The approval enables Bitget to offer crypto services in the country, including wallet management, trading, transfers, custody solutions, and its cryptocurrency exchange, in addition to publicly offering crypto assets.
The licence adds to Biget’s existing approvals in European markets such as Lithuania, Poland, Italy, and the UK.
Hon Ng, chief legal officer at Bitget, explains: “The successful application of the VASP license in Bulgaria is a part of Bitget’s expansion strategy to serve users across the European Union.”
“Bulgaria serves as a strategic gateway for our European expansion, offering crypto-friendly ecosystems the chance to accelerate crypto’s adoption,” adds Ng.
