Tag: Africa
Wayapay launches remittance app for immigrants from Africa
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 raised $40m
Pan-African cryptocurrency exchange Yellow Card Financial has raised $40m for its Series B funding round.
Finclusion Group rebrands to bolster financial inclusion in Africa
Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.
Pan-African microfinance company Carbon teams with Mambu
Pan-African microfinance bank Carbon Finance has extended its partnership with Mambu to foster the growth of its financial services offering.
Kenyan InsurTech Lami extends seed round ahead of international expansion efforts
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 PayTech Bizao scores $8.2m Series A
Ivory Coast-based FinTech company Bizao has reportedly received $8.2m in its Series A funding round.
Flat6Labs backs 7 Jordan-based startups
MENA seed and early-stage venture capital firm Flat6Labs has announced seven new Jordan-based startups it has invested into.
Senegal and Côte d’Ivoire focused FinTech Wave Mobile Money raises €90m
Wave Mobile Money, a FinTech company that operates in Senegal and Côte d’Ivoire, has reportedly raised €90m debt funding.
Ghana-based FinTech Fido raises Series A round
Ghana-based FinTech company Fido has reportedly raised $30m in a Series A round, as well as an undisclosed amount in debt funding.
FinTech Funding in Africa is on track to decline in 2022
• FinTech companies in Africa completed 83 deals in Q1 2022 raising in total $465m. If the next three quarters follow this rate of...