Tag: Africa
Flutterwave closes $35m Series B round
San Francisco and Lagos-based Flutterwave aims to beef up its technological and business muscles on the back of its new $35m Series B round.
ID verification startup VerifyMe Nigeria closes Series A funding round
Hot on the heels of launching its identity verification product in August 2019, VerifyMe Nigeria has closed a new investment round.
Chipper Cash bags $6m in seed round
P2P payment startup Chipper Cash has secured new investment to expand into new African markets.
Kenyan InsurTech startup Turaco closes $1.2m seed round
Turaco has netted $1.2m in a seed round. The Kenyan InsurTech startup will use it to expand into new markets and place new pilots and partnerships.
InsurTech startup Inclusivity Solutions is bullish about international expansion
South African InsurTech startup Inclusivity Solutions has not sold a single policy in its native country, but has already spread across Africa and is now looking to go beyond the continent.
The African FinTech scene shows more signs of maturing as Nigeria...
Interswitch, the digital payments firm, has confirmed that it has reached a $1bn valuation after Visa, the payments company, invested in the enterprise. While it...
Kenya passes new data protection law to bolster its tech sector
Having already cemented its position as one of the top three nations for FinTech in Africa, Kenya has passed a new law to attract more tech investments.
Modus Capital collects $75m for MENA-focused fund
Modus Capital, a hybrid venture capital firm, has released its first regional fund with $75m at its disposal.
AZA Group collects $15m to support growth in Africa
AZA Group, which is the parent company of FinTechs BitPesa, TransferZero and BFX, has collected $15m in debt financing from The Development Bank of Southern Africa.
Rocket Internet nets $605m as the German FinTech sector could overtake...
The backer and incubator of several FinTech companies Rocket Internet has had a smashing start of 2019.