Articles by AfroTech Horizon Newsroom

Startups & Funding

Five months after running out of capital, Chimoney gets a new owner

Financial technology startup Chimoney has been acquired by CapitalSage Vantage Limited, five months after announcing its closure due to capital depletion. The acquisition revives the cross-border payment platform, settles outstanding obligations, and secures a regulated pathway for international expansion.

AfroTech Horizon Newsroom 2 min read

Startups & Funding

👨🏿‍🚀TechCabal Daily – Moove-ing on

Six years after launching vehicle financing for ride-hailing drivers in Lagos, mobility fintech Moove is exiting the Nigerian market. The company is handing over eligible vehicles valued at ₦35 billion to current operators, ending vehicle payment obligations as it shifts focus toward international markets and autonomous robotaxi fleets.

AfroTech Horizon Newsroom 2 min read