Tag: Africa

POS solution developer Yoco raises $16m in Series B round

POS payments provider has collected $16m in its Series B round of funding led by Partech.

Goodwell Investments launches €20m fund to support financial inclusion in Africa

Goodwell Investments has launched a new €20m fund to support the financial inclusion within Sub-Saharan Africa.

Mines raises $13m in its Series A round led by The...

Mines, a digital platform designed to help financial institutions in emerging markets offer customers credit, has raised $13m in its Series A.

Kenyan FinTech Pezesha reportedly bags seed funding

Kenya-based P2P lending platform Pezesha has reportedly received an undisclosed strategic seed round of funding.

Synergy Capital closes fund 2, more than double the size of...

Anglophone West Africa-focused Synergy Capital Managers has more than doubled the total raised for its debut fund by pulling in over $230m for the first close of its sophomore vehicle.

Allianz acquires 99% of shares in Nigeria-based Ensure Insurance

Insurance firm Allianz Group has acquired 99.03 per cent of the shares in Nigeria-based Ensure Insurance from the core shareholder Greenoaks Global.

Kenya-based InsurTech Bismart receives funding from GreenTec

Kenya-based InsurTech platform Bismart has received an investment from GreenTec Capital.

Savings app Piggybank.ng raises $1.1m Seed round

Nigeria-based Piggybank.ng has raised a $1.1m seed round led by LeadPath Nigeria founder Olumide Soyombo.

Nigeria-based Lidya closes $6.9m in Series A to support expansion across...

Lidya, an online invoice generation and financing platform, has collected $6.9m in its Series A funding round.

African payment provider Cellulant closes $47.5m Series C

The Rise Fund, a global impact investing fund managed by TPG Growth, has led a $47.5m Series C for African digital payment provider Cellulant.

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