Tag: Africa
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...
Digital payments network MFS Africa picks up another $100m, just months...
MFS Africa, the largest digital payments network in Africa, has raised an additional $100m in debt and equity for its Series C, just six months after its initial close.
Nigerian buy now pay later service CredPal raises backing from CASF
Nigerian FinTech buy now, pay later service CredPal has received an investment from the Cairo Angels Syndicate Fund (CASF).
Sokin deepens Mastercard partnership with Middle East and Africa jump
PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.
Africa-focused digitised payment dev Interswitch bags $110m
Interswitch, which is pioneering the shift to digitised payments, has scored $110m in funding.
Zambia-based FinTech Union54 said to raise seed extension
Zambia-based card issuing platform Union54 has reportedly collected $12m in its seed extension round.
Africa-focused vehicle financing app Moove nabs fresh investment
Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners