Tag: Africa

Pyypl, which aims to support the financially underserved in the Middle East and Africa (MEA), has raised $20m for its Series B.

Nigeria-based Maplerad has reportedly raised $6m for its seed round, as it establishes a global banking-as-a-service platform aimed at Africa.

• Kenya was the most active FinTech seed country in the first half of 2022 with 11 deals, a 28% share of total FinTech...

Uganda-based digital lending platform Numida has reportedly raised $12.3m in its pre-Series A funding round, which comprised of equity and debt.

Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.

Pan-African cryptocurrency exchange Yellow Card Financial has raised $40m for its Series B funding round.

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.

Pan-African microfinance bank Carbon Finance has extended its partnership with Mambu to foster the growth of its financial services offering.

Kenya-based InsurTech startup Lami Technologies has collected $3.7m in its seed extension round as it looks to expand across Africa.

Ivory Coast-based FinTech company Bizao has reportedly received $8.2m in its Series A funding round.