Opera’s Africa fintech startup OPay gains $120M from Chinese investors

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to scale in Nigeria and expand its payments product to Kenya, Ghana and South Africa — Opera’s CFO Read more…

Microsoft

Microsoft has big plans for its new Edge browser

Microsoft is setting itself some high goals for its new Chromium-based Edge browser. As Chuck Friedman, the corporate vice president for Edge told me, he wants Edge to hit one billion users — a number that would start to rival Chrome’s numbers. First, though, Friedman’s team has to get version Read more…

Hackers to stress-test Facebook Portal at hacking contest

Hackers to stress-test Facebook Portal at hacking contest

Hackers will soon be able to stress-test the Facebook Portal at the annual Pwn2Own hacking contest, following the introduction of the social media giant’s debut hardware device last year. Pwn2Own is one of the largest hacking contests in the world, where security researchers descend to find and demonstrate their exploits Read more…

Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

in July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv. Canal+ would not disclose the acquisition price, but confirmed there was a cash component of the deal. Founded by Jason Njoku  in 2010 — and backed by $45 million  in VC — IROKOtv boasts the world’s largest online catalog Read more…

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Three great opportunities for startups in the entertainment space

Arvin Patel is the chief intellectual product officer at TiVo and an executive vice president at the company. With over-the-top (OTT) changing the way we consume entertainment across devices, most of the media attention is going to the big players trying to elbow their way into the streaming space with Read more…