Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor

Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from Bahrain’s Lamar Holding. TechAdvance was founded in 2009 by CEO Edmund Olotu (pictured above) and develops payments applications. Olotu hit Ventureburn headlines earlier this year when he accused Polish entrepreneur Marek Zmyslowski of defrauding Nigerian investors and provided details…