Tag: Africa

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.

Online lending app Moneybaba receives funding to support growth in Africa

Online lending platform for emerging markets Moneybaba has closed a ?major investmentfrom EMEA Capital and Duet Group.

How Carbon overcame the challenges of setting up a FinTech startup...

Nigeria is at the centre of Africa’s FinTech revolution. Native Carbon aims to play a pivotal role in creating a thriving ecosystem where men and women have access to financial services.

Nomanini raises $4m in new funding round led by South African...

South African-based Standard Bank taps into Nomanini’s retail data through a new $4m funding round. The bank’s investment into Nomanini was completed by Goodwell Investments,...

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.

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