Tag: Africa

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.

Village Capital names the 32 FinTechs in its new accelerator

Village Capital has named the 32 startups, which span Africa, Asia and the Middle East, which have been selected to join its Financial Solutions for Migrants program.

Pan-African neobank Payday nets $3m seed

Payday, a pan-African neobank issuing global accounts to Africans, has scored $3m in a seed funding round headed by Moniepoint.

Nigeria-based OnePipe collects $4.8m investment

Nigeria-based OnePipe, which empowers companies to integrate financial services within their value chains, has reportedly raised NGN 2.25bn ($4.8m).

ImaliPay, Renda partner to support businesses in Africa

ImaliPay, a global FinTech-as-a-service provider, has teamed up with third party e-commerce fulfilment solution Renda.

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