Tag: Africa
Global finance under threat: Tracing Hezbollah-related sanctions and illicit transactions
Unsurprisingly, terrorism-related events, especially those connected with recent happenings in the Middle East, have been a dominant topic in news headlines globally.
European PayTech deal activity drops 52% YoY despite growth in online...
Key European PayTech investment stats H1 2023:
• European PayTech deal activity reached 93 transactions in the first half of 2023, down 52% YoY
• European...
Zanifu’s game-changing MSME finance model receives substantial investment from Beyond Capital...
Beyond Capital Ventures (BCV), an esteemed venture capital firm focusing on emerging markets, has made a strategic investment in Zanifu. Zanifu is an innovative financial services platform that champions small retailers across Africa.
Moniepoint set to expand African footprint with Kopo Kopo acquisition
Moniepoint, a banking and payments platform operating throughout Africa, has gained the green light to wholly acquire Kopo Kopo.
Nigeria dominates African FinTech with a 42% share of deals in...
Key African investment stats in Q2 2023:
• African FinTech deal activity reached 59 transaction in the second quarter, a 31% drop YoY
• African FinTech...
African mobility startup Moove secures $8m from Absa for Ghana expansion
African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured a funding of...
Moroccan B2B e-commerce player, Chari, seizes $1.5m in funding
Chari, a Morocco-based company specialising in B2B e-commerce, is making considerable strides in the African market.
M-KOPA lands $250m to scale across Africa
M-KOPA has raised over $250m in new debt and equity funding to expand its offering to underbanked consumers in Sub-Saharan Africa.
PayTech aimed at African businesses Nomba scores $30m
Nomba, a payment services provider aimed at African businesses, has raised $30m for its pre-Series B funding round.
Smile Identity acquires Appruve to bolster identity verification in Africa
Smile Identity, a provider of identity verification in Africa, has acquired the parent company of Appruve, which helps firms use financial and identity data for detect fraud.