Tech

Sprint appoints Stephen Kappes to board
Global Tech

Sprint appoints Stephen Kappes to board

Sprint has elected Stephen Kappes to its board bringing the total number of board members to ten. Mr. Kappes will serve on the Compensation Committee. Mr. Kappes is a Partner and Chief Operating Officer of Torch Hill Investment Partners, a private equity firm in Washington, D.C. He previously served as […]

Visa to invest $100 million in Europe’s Fintech
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Visa to invest $100 million in Europe’s Fintech

Card payment giant, Visa has announced two new programs designed to support European FinTechs who are developing the next generation of digital payment solutions. From July, Visa said finTech start-ups based in Europe can onboard to Visa’s global network in as little as four weeks. The new FinTech fast-track program […]

BRIEF: Microsoft to acquire Github
Global Tech

BRIEF: Microsoft to acquire Github

The world’s largest repository for software developers, Github, might be in the process of being acquired by the world’s largest computer software company. According to people with the knowledge of the matter, Microsoft is looking at buying Github just before it goes public. People with the knowledge of the matter […]

Piggybank raises $1.1 million, eyes full-scale banking
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Piggybank raises $1.1 million, eyes full-scale banking

A major breakthrough has been recorded in Nigeria’s tech scene as Piggybank, a micro-savings platform has raised $1.1 million in funding. Piggybank is a wholly-Nigerian venture which started operations in 2016. The latest raising was sourced from LeadPath Nigeria, with Village Capital and Ventures Platform contributing $50,000 each. In an […]

Daimler invests $175 million in Taxify
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Daimler invests $175 million in Taxify

Ride-hailing startup, Taxify, said it has closed has completed an investment round of $175 million from Diamler. In a statement issued by Marilin Noorem, spokesperson for the company said: The company will use the investment to further develop its ride-hailing technology and continue working on best ways to move in […]

KKR acquires BMC Software
Global Tech

KKR acquires BMC Software

KKR said it will acquire BMC Software. KKR said the acquisition will be done via a private investor group led by Bain Capital Private Equity and Golden Gate Capital together with GIC, Insight Venture Partners and Elliott Management. Founded in 1980, BMC is a systems software provider which helps enterprise […]