Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: CashAfrica Bets on Contactless Tap-to-Pay Payments Infrastructure to Transform Nigeria’s Payment Ecosystem
Despite rapid growth in digital payment, Nigeria’s transaction landscape is still dominated by cash. Bank transfers, USSD, and card payments have gained traction, but contactless payments remain largely at the margins. CashAfrica is betting this could change.
Founded by Malik Asamu and Bello Opeyemi, the company believes tap-to-pay technology could eventually become as routine as bank transfers, reshaping how Nigerians pay for goods and services in physical retail environments.
CashAfrica is positioning itself not as a consumer-facing fintech rival, but as an infrastructure provider powering contactless payments for banks, fintechs, and payment service providers.
“From our experience, device availability is becoming less of a barrier than many people assume,” Asamu says. “The bigger challenge is user behaviour and awareness. Once users experience the speed and convenience of tap-to-pay, adoption tends to become much easier.”
Other Tech News Stories You Should Read:
Business Corner: How to start a profitable e-commerce business in Africa’s growing digital market. Read now.
Misti AI Raises £250,000 to Transform Industrial Cameras Into AI-Powered Sensors. Read now.
Nectar Social Raises $30 Million to Build AI ‘Operating System’ for Marketing Teams. Read now.
On Startup Spotlight:
Pattern Launches Data-Driven AI Ecommerce Engine to Help Brands Grow Across Online Marketplaces
Pattern Group Inc., a global ecommerce acceleration company, has launched a new artificial intelligence-powered platform designed to automate critical ecommerce functions and help brands compete more effectively across online marketplaces.
The company unveiled Pattern Intelligence (Pi) during Accelerate, its annual gathering of ecommerce executives and brand leaders, positioning the platform as a next-generation execution engine capable of identifying commercial opportunities and acting on them in real time.
According to Pattern, Pi moves beyond traditional analytics platforms by not only identifying issues and opportunities but also executing actions automatically when appropriate.
“Pi is our central execution engine. It doesn’t just surface insights, it acts on them. Pi is built on over 13 years of data collection, logic execution, and Pattern’s broader technology portfolio, with 41 patents issued or pending, purpose-built to accelerate growth for our brand partners,” said Dave Wright, Co-Founder and CEO, Pattern.
Quadri Adejumo brings you all the details. Read here.
Also Read:
Saudi HealthTech, Aumet, Bags $12M to Reinvent Healthcare Supply Chains with AI Across Markets. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
