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Even though only 1% of the internet population is making a purchase online in Nigeria, the e-commerce purchase value is estimated to reach $1 billion this year. And the space has a new entrant– PayPal. They want to facilitate payments as the e-commerce adoption rises in Africa’s biggest economy, Nigeria. PayPal services recently rolled out across […]
24 Jul 2014
BRCK.com, the hardware startup which YourStory covered yesterday has closed $1.2M funding led by ID (Investment Development) along with other participating investors, including Omvestments, Urban.us, CommonWise LLC, Synergy Growth and others. This amount is additional to what BRCK has raised in KickStarter campaign. BRCK Co-founder Erik Hersman said, “BRCK is internet connectivity for the world […]
10 Jul 2014