It’s a new week Guys!
As usual we usher you in with the juiciest tech innovation news in Africa ‘The Big 5 Daily’. Are you ready for some intriguing news? I bet you are!
Have you heard? Interswitch, Africa’s fintech giant is planning an IPO! Yes, the company is looking to list on the London Stock Exchange and the Nigeria Stock Exchange. The IPO is estimated to grow the company’s value to about $1.3 billion to $1.5 billion. What do you think?
Now for the Big 5 Daily,
Dive in!
Huawei, Chinese mobile manufacturer has announced that its Hongmeng OS will not replace Android OS on its smartphones. According to them, the Hongmeng operating system is not designed for smartphones but industrial uses only. What do you think? Drop your comments below.
Drum roll!!! American financial services provider, Visa has acquired Payworks. Payworks is a POS payment gateway technology maker. Visa plans to integrate Payworks processing software into its payment platform. Interesting!
See also: Safaricom launches Udemy-like platform, BLAZE LINK, Netflix enters Ratings Hell, here’s why and More
Also, VertoFX a London-based currency platform founded by a Nigerian has secured 42.1 million in a seed round. The round was led by Accelerated Digital Ventures, Y-Combinator and other investors in Africa. The platform will leverage this fund to develop, expand more currency offers and further deepen cross-border payments. Great move don’t you think so?
YouTube has launched new updates for YouTube music premium subscribers. They also released new playlists for South African Subscribers. The update allows smart downloads and permits users to seamlessly switch between songs and music videos.
Finally, Telkom a South African network provider who recently signed a new roaming partnership with Vodacom, has been facing backlash from its subscribers. The subscribers vented their anger on social media about not accessing full coverage as promised. They, however, got a reply on how to rectify the issue by the telco.
…and with that, we end today’s episode of the Big 5 Daily!
Hope it’s been fulfilling? Share your thoughts on the comment section.
Remember to visit our social media platform via @techgistafrica for hot dropping gist.
Thanks for joining!