Tag: Africa

The WealthTech market continues to grow at a steady rate and is becoming increasingly interwoven with the wealth and asset management sector. In fact, the WealthTech sector was valued at $9.7bn in 2024 and is expected to grow at a 25.2% CAGR to be worth $37.7bn by 2032, according to a report from Kingpin Market Research.

Kuady has announced the establishment of a new office in Sofia, Bulgaria, designed to accommodate over 100 employees.

NALA, an emerging leader in the global payment scene, has recently announced a significant funding boost of $40m.

IBISA, a global leader in the Climate InsurTech sector, has successfully raised $3m to enhance its parametric insurance offerings aimed at mitigating weather-related risks across Asia and Africa.

dacadoo, a leading Health Tech vendor known for its award-winning Health Score and Digital Health Engagement Platform, has announced its commitment to provide access to its technologies in Africa.

Orion Innovation, a leading digital transformation and product development services firm, joins hands with BNI Madagascar, the premier banking network in Madagascar, to revolutionise digital banking experiences for customers.

Zone, an emerging powerhouse in Africa's financial technology landscape, announced a significant milestone in its growth trajectory with the completion of an $8.5m oversubscribed seed funding round.

Moroccan FinTech startup tookeez, has successfully secured $1.5m in funding to bolster its technical capabilities and expansion efforts.

Key African FinTech seed investment stats in 2023 • African FinTech seed deals totalled at 116 transactions in 2023, a 49% drop from 2022 • African...

Mastercard, a global technology company in the payment industry, and MTN Group Fintech, a leading digital financial services arm of Africa's largest mobile network operator, have joined forces in a landmark partnership. This collaboration aims to drive the acceleration of the mobile money ecosystem across Africa, impacting 13 markets.