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Autochek announces new partnership that allows you pay for cars instalmentally

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Autochek announces new partnership that allows you pay for cars instalmentally

Purchase credit financing has always been lacking in big markets like Nigeria, which is why we most likely pay for everything in upfront cash. That could change for auto users in the country with a new partnership between Autochek and AppZone.

For those who are not aware, Autochek has been providing expert-inspected vehicles at fair market prices to interested buyers in the Nigerian space for some time now. AppZone, on the other hand, is the leading fintech organisation in Africa. It, thus, makes sense that Autochek will partner with them to bring much needed credit services into the country.

The partnership will work by starting from the Autochek platform where buyers can choose from a wide array of vehicles listed for sale. These vehicles, as promised by Autochek, are tested and inspected to pass multiple stages of standard checks so that they can ensure buyers are getting a good value for their money.

After picking a car of choice, these prospective buyers submit a credit financing application which is run through BankOne – AppZone’s proprietary app for managing such credit requests. In time, the prospective buyers are connected with different credit offering institutions with diverse rates and plans.

Once the intending buyer picks a bank to partner with, they are good to go.

We believe this will replace car loans and make repayments on vehicles purchased even easier on the buyers. Likewise, it would bring a surge to the auto economy of the country, helping to improve the standard of living of those who need a car but might not be able to get it now due to their current capabilities.

Jeel secures US$1.2 million funding to expand its team, services and products

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Jeel secures US$1.2 million funding to expand its team, services and products

Jeel, an edutainment platform, was founded in 2019 with a goal to bring valuable education to children via entertainment. Since its inception by Ahmed Sobaih, the company has worked tirelessly to provide such content to kids between the ages of 3 and 9.

As of the time of this writing, this Egypt/ Saudi Arabian-based start-up has secured a seed funding of US$1.2 million to further expand its market and take its services to even more children.

The funding is supposed to help the company expand its team so that it has more hands to work on new products and projects for the kids. It is also expected that some of the money will be put towards the acquisition of better high-quality animation series, songs, videos and other content promoted on its platform.

Jeel has excelled in leveraging interesting models such as gaming, music, movies and videos to teach kids morals, ethics and everything they need to grow into better adolescents. Achieving this milestone is a stamp on the fact that what they are doing is in the right direction – and they will only get better from here.

CribMD acquires pharma company to boost its service delivery across the country

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CribMD acquires pharma company to boost its service delivery across the country

CribMD came to the surface in June 2020 and in one year, has established itself as one of the fastest-growing eHealth startups in the country.

The service is based on connecting users with doctors and healthcare professionals that can deliver in-home services to them. In other situations, it also allows doctors and patients to enjoy the many benefits of telemedicine, bringing the needed healthcare to everyone wherever they are.

Having raised some US2.6 million seed funding earlier this year, the start-up has now purchased Charisland Pharmaceuticals, a retail pharmacy brand in the country.

CP has been around since 2009 and has, in that time, established authority and quality of its products and services in the market. However, the company is looking to exit the Nigerian space and return to the home country of Canada where it came from. It was, thus, a fine time to get an offer from the likes of CribMD and complete a sale too.

On the part of CribMD, this acquisition makes it possible to scale even faster and better, delivering better healthcare to their patients. Thus, patients can see their doctors online/ in-house and request for the prescribed meds via any of the retail CP outlets close to them.

With this move, CribMD continues to push the limits of how well and fast healthcare can be brought to the doorstep of those who need it.

WhatsApp testing new feature to bypass image and file compressions

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WhatsApp testing new feature to bypass image and file compressions

WhatsApp users have been wary of sending high quality files over the platform for years now. After all, the social media service will only compress your files so much that most of the quality is gone anyway.

It seems that the Facebook-owned company is finally listening to users who are porting to other services to share files instead by including an option for this.

This new option is supposed to make it out in a new update as it is being tested in beta phase right now. There is a high chance that it joins the Data Saver option which is already on the WhatsApp service, allowing users to bypass the compression service.

Should that happen, there might be a disconnect between people who want to send high quality files and users who can only afford to download the lower quality version. They should have thought about such things too, though, so we will wait on seeing what the company has planned for us this time.

For now, we wait.

Flutterwave partners Nigerian basket balling team as they head to Tokyo Olympics

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Flutterwave partners Nigerian basket balling team as they head to Tokyo Olympics

Flutterwave seems to be going from heights to new highs these days, and we love to see it. Their latest moves now see them supporting the Nigerian basketball team as the official payments partner as the team heads to Tokyo to compete in the Olympics games.

It is worthy of note that the Nigerian Team, named D’Tigers, is the only African basketball team that made it to the competition.

The task before them is also a tall one, seeing as they have to compete against basket balling giants like the US, Australia, France, Germany, Italy and Iran, among others. The silver lining there is that we have the services of Coach Mike Brown, the assistant head coach of the Golden State Warriors, to lead the team.

This Flutterwave partnership makes it easier for fans to donate to the players and help them reach their full potential. It is also a move to make sure fans from all over the world can get the merchandise and other products that the official sports body in the country will be selling. The proceeds will also go to the bettering of the sport, so fans are supporting in another way too.

The Nigerian team has already secured a friendly win over the US team on July 10 and if they continue in that way, we have hopes of clinching a worthy medal at the Tokyo games.

Samsung extends cloud discontinuation service by an extra 30 days

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Samsung extends cloud discontinuation service by an extra 30 days

Samsung had announced since October of last year that it was getting out of the cloud game. Thus, users of the Samsung Cloud service now had to migrate all of their date to Microsoft OneDrive platform.

The company had also given enough time for this to happen, previously setting the due date for the migration to happen to August, 2021. Now, the South Korean OEM has come out with an extension that allows an extra 30 days so that users can get all of their date to the OneDrive platform by September 2021 instead.

Users who do not migrate their data before the end of the due date will no longer be able to complete that operation from October. However, Samsung maintains that users will still be able to access and download the cloud data in October. From November, though, all of the service and its infrastructure become disabled – so much that users cannot even download the data that they have stored on the cloud.

We recommend that if you’re using the Samsung Cloud, now is a good time as any to make the migration. Even if you would not be migrating, consider downloading your data and storing in a safe place.

PayHippo secures $1 million funding to expand services in pre seed round

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PayHippo secures $1 million funding to expand services in pre seed round

PayHippo was launched last year in Nigeria as a digital solution providing vital loans to SMEs in the country and Africa at large. The selling point of the company was that they would be able to approve loans – in three hours or less – for those whom banks and other credit facilities might look down upon because of their credit history.

After spending a year in the market, it is laudable that the start-up has now secured a $1 million pre-seed funding to scale its services even higher.

The company has enjoyed stellar success with its in-house, alternative credit score model which it uses to assign loans and loan limits to those who come through the digital doors for fast cash. Given a 97% repayment rate of loans, it stands to reason that whatever the company is doing simply works.

The start-up had been running on the goodwill and funding of some Nigerian angel investors, family and friends as well as colleagues who believe in the idea. Now, the likes of Launch Africa, Sherpa Ventures, DFS Lab and Hustle Fund, among others, have come together to help the start-up attain even new heights.

The current funding will not only increase the rate of loans that can be given out but also empower the start-up to develop new products for the target market. Going this way, they stand to become one of the next best things to come out of Africa in the fintech space.

Paystack now listed as official African payments partner to WooCommerce

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Paystack now listed as official African payments partner to WooCommerce

WooCommerce is one of the biggest ecommerce service providers in the world. To that extent, even ecommerce retailers in Nigeria and Africa prefer the solutions that the platform brings to offer their goods and services online. However, the problem of payments for African merchants has persisted for a long time now.

That is the issue that startups like Paystack and Flutterwave, among others, have stepped up to solve over the years. As of the time of this writing, the African space has made an even closer leap towards being on par with the rest of the world in terms of seamlessly offering their products and getting paid without hassles.

WooCommerce partners Paystack.

The WooCommerce platform has officially recognised Paystack as its official payment partner for the whole of Africa. This means that the payment service is naturally integrated into the WooCommerce offering now, allowing seamless setup, management, collections and remittances from the vendors who choose to use it.

Given the solid framework that Paystack has built over the years, it is both laudable and logical that they be the ones to secure such a partnership.

Going forward, Paystack will now be listed alongside Stripe (which acquired the former company last year) as an independent payments provider on the WooCommerce service, all dedicated to the African landscape.

Netflix breaks into the Nigerian market with even cheaper plans than before

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Netflix breaks into the Nigerian market with even cheaper plans than before

Netflix, since breaking into the Nigerian and African market, has been trying to get more people on the platform with great deals.

Just as they do in India, they are bringing one of the cheapest plans to this market since they know that they can make more from the numbers. Likewise, once they have established a hold it would be easier to raise the prices and still trust the loyalty of users.

In a new move, the company is now rolling out its cheapest plans ever to the Nigerian and other sub-Saharan markets. The only catch here is that the plans will be mobile only. Seeing as this is where most users view their content in the country, that makes sense from a lot of standpoints. It also means that the company can focus on mobile quality outputs without putting too much strain on its servers.

Before the rollout of this new plan, the cheapest plan from the giant streaming service costs just NGN2,900 per month. This new plan sees that price drop to NGN1,200 per month.

For those whom price had been a barrier of entry in the past, we believe this is as good as it is going to get.

Ghana goes digital, conducting census with the aid of satellites and tablets

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Ghana goes digital, conducting census with the aid of satellites and tablets

Every ten years since 1981, Ghana has sought to conduct a nationwide census which estimates the number of people living within the shores of the country at any one time. As of the last census in 2010, this number was pegged at a modest 24.6 million. Even though the next one would have been in 2020, the coronavirus pandemic made that impossible.

Now that the country is ready to start counting again, they have made giant strides to ensure the count goes smoother, faster and better this time around: deploying a digital model of counting.

The government has been working on using satellite imagery and tablets to map the areas as well as inhabitants better. This plan has long been in the works, so much that it has even been tested on select areas to see how efficient and accurate it might be. The results of those tests must have been very impressive for a larger launch like this to have been sanctioned.

Leveraging data capture tech which will allow the improved understanding of the citizen demographics too, more than 67,000 field agents have already been trained and deployed to carry out the census program.

However, this did not come cheap. Estimated to have cost some $84 million, representing a 50% increase over the figures from the last census, Ghana will be looking to recoup the investment over the next couple of years, and in the speed/ accuracy of the current exercise.