Nigerian insurtech startup MyCover.ai is announcing today that it has raised US$1.25 million in pre-seed funding led by Pan-African venture capital fund Ventures Platform with participation from Founders Factory Africa and follow-on investor Techstars. The startup, which participated in the Techstars Toronto program last year, said it will use the investment to bolster its in-house operations and tech talent, invest heavily in its proprietary technology and strategically expand its operations into other African markets.

Kenyan startup Tappi is helping SMEs build their online identity in less than two minutes through a chat tool that automatically creates a webpage, which is indexed to be found online. Founded by Kenfield Griffith and Louis Majanja, Tappi allows SME owners to download its app, add their “look and feel”, and promote their business through a three-step process that goes to Google Ads, Facebook Ads, and Instagram Ads using airtime credit or mobile money.