Tag: Africa

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.

Nigerian Flutterwave partners up with Alibaba to tap into the China-Africa...

The San Francisco and Lagos-based FinTech startup Flutterwave aims to leverage a new partnership with e-commerce giant Alibaba to take a slice of the China-Africa trade. This trade is estimated to be worth $200bn.

Africell to spend part of a $100m loan on expanding its...

African telecom company Africell secured a huge loan in May from the US government, which it will now use to build up its infrastructure and FinTech capabilities.

Chipper Cash expands to Nigeria together with PayStack

San Francisco-based Chipper Cash is expanding its cross-border payment services to Nigeria together with PayStack, the payment gateway company.

Kenya looks to set up a FinTech regulatory sandbox

Kenya is looking to establish a regulatory sandbox to support the FinTech sector in the country, with its being ‘at the cusp of operationalising that policy.’

Africa-focused investing platform Orbitt receives investment from GTR Ventures

Orbitt, a digital deal origination and processing platform focused on Africa, has received an investment from GTR Ventures.

A15 sells 76% stake in UAE payment company TPAY

A15 has sold a 76 per cent stake in UAE-based TPAY Mobile to Helios Investment, for an undisclosed amount.

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