Why Nigerian FinTech startup Carbon posted its financials when other African startups wouldn’t
Carbon, an FinTech startup based in Nigeria, has posted its financials on its website despite most other African new enterprises would be reluctant to do so.
Techstars nabs $42m investment to continue helping FinTech and other entrepreneurs succeed
The worldwide entrepreneurial support network Techstars has closed a $42m investment round, which it aims to use to keep supporting entrepreneurs during their journeys.
Stackin’ collects $4m in its Series A to support launch of new features
Stackin', a text-based personal finance service, has collected $4m in its Series A round to support the launch of new banking and investing features on its app.
DataGrail grabs $5m in funding round led by Cloud Apps Capital Partners
DataGrail, a data privacy company, has collected $5m in its latest funding round led by existing investor Cloud Apps Capital Partners.
SoftBank’s investment in Banco Inter sends stock soaring
SoftBank Group has invested into Latin America's Banco Inter.
Why investment in cybersecurity companies is on the rise
Businesses are taking their digital defences seriously and it is increasing the number of RegTech cybersecurity investment deals.
SME lender Indifi said to raise $21.31m in a Series C
Indifi, an online lending business based in India, has reportedly collected $21.31m in a Series C led by CDC Group.
Trinity Cyber raises $23m in funding led by Intel Capital
Trinity Cyber, which proactively intercepts, and controls cyberattacks, has raised $23m in a new funding round.
POS finaincng service Payright raises $27m in its Series D
Payright, a buy now and pay later service, has raised $27m in a Series D round to support the expansion of its loan book.
The real reason why FinTech investments in Africa is booming
We're revealing how Africa’s underbanked population and mobile phones gave rise to a massive FinTech market.