Founded by Norwegian browser firm, OPay has secured a $50 million funding from Sequoia China, IDG Capital, and Source Code Capital.
@oride_ng, an on-demand ride-hailing service has launched its services in Lagos with immediate expansion plans throughout Nigeria.
Motorbike hailing service, Max.ng, has raised $7 million funding. This round is led by Novastar Ventures, with the participation of Japanese manufacturer, Yamaha.
ORide is fast penetrating the market by leveraging on the N100 bonus offer to any destination of any distance within Lagos. This move has attracted the competitors’ customers, at least if not for anything, till the promo offer ends.