Tag: Africa

MFS Global nets $4.5m in Series B round led by LUN...

MFS Africa, a digital payments processor, has netted $4.5m in its Series B funding round led by China-based LUN Partners Group.

Gates Foundation Accelerator names next four investments

Gates Foundation Accelerator has announced the next four FinTech companies it will invest into.

Emerging market mobile banking app Branch International nets $70m Series B

Branch International, a mobile banking platform for emerging markets, has netted a $70m Series B to expand into additional countries.

WorldRemit launches money transfers from within Africa

WorldRemit, a digital money transfer platform, has launched its transfer services from within Africa to simplify the sending and receiving of money across the continent.

Oradian closes another investment, just days after previous

Micro-finance banking software developer Oradian has closed funding from Goodwell Investments, just days after its previous equity round.

BitPesa buys TransferZero to plant deeper roots in Europe

BitPesa, a blockchain payments platform for Africa and Europe, has purchased TransferZero, an international, online money transfer platform.

Partech’s new Africa-focused fund moves past halfway mark for its ?100m...

Global venture firm Partech has launched a new fund targeting investments in Africa.

BIMA lands $96.6m investment from Allianz X

BIMA, a micro-insurance provider for Africa, Asia and Latin America has received a $96.6m investment from Allianz X.

Jumo receives $6m from Finnfund as part of a new credit...

Mobile financial services provider Jumo has received a $6m debt instrument from Finland-based Finnfund, as part of a credit round.

Bahrain launch FinTech hub focused on Middle East and Africa

The Bahrain Economic Development Board and FinTech Consortium have launched Bahrain FinTech Bay, a FinTech hub dedicated to the Middle East and Africa.

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