Tag: Africa

Apis Partners exits Baobab as Beltone Capital takes majority stake

Apis Growth Fund I, a private equity fund managed by UK-based asset manager Apis Partners, has signed binding agreements to fully exit its stake in Baobab, a prominent financial services provider in Africa.

Raenest raises $11m in QED-led funding to expand global banking solutions

Raenest, a FinTech company providing global multi-currency accounts for individuals and businesses across Africa, has secured $11m in a Series A funding round.

MENA-based Fincart attracts investors to redefine e-commerce logistics

Fincart.io, a platform aimed at helping e-commerce SMBs overcome shipping challenges and unlock working capital, has successfully closed its pre-seed funding round.

Furaha secures $10m funding to revolutionise education financing in Africa

Furaha, a purpose-driven lending platform headquartered in Dubai International Financial Centre (DIFC), has announced its mission to enhance financial inclusion across sub-Saharan Africa.

Billboxx secures $1.6m pre-seed funding to tackle SME cash flow in...

Billboxx, an integrated billing-to-payment platform focused on ensuring timely payments for businesses across Africa, has closed a $1.6m pre-seed funding round.

Village Capital invests $150k in Rhea and Regxta to empower women-led...

Village Capital, an organisation dedicated to supporting innovative ventures, has announced an investment of $150k in two women-led startups, Rhea Soil Health Management and Regxta, through Standard Chartered’s Women in Tech Financing Facility, according to a report from TechAfrica News.

Sapiens boosts Tier 1 African insurer through DataSuite solution

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced the successful deployment of its DataSuite solution by a...

Yellow Card secures $33m in Series C to boost African stablecoin...

Yellow Card, the pioneering stablecoin platform, has successfully closed its Series C financing round, raising $33m. According to Intelligent CIO, this investment was led by...

Zepz secures $267m to boost money transfer operations in African markets

Zepz, previously known as WorldRemit, a trailblazer in the money transfer sector, has successfully raised $267m.

Key Carbon secures funding from Marex to bolster clean energy initiatives...

Key Carbon, a permanent capital vehicle dedicated to building a diverse portfolio of high-integrity carbon credit streams and royalties, has announced a strategic partnership with Marex Group.

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