Tag: Africa

Airtel Africa continues its funding spree with it reportedly closing a fresh $200m investment from Qatar Holding, an affiliate of sovereign wealth fund Qatar Investment Authority.

Payhippo, an AI-powered lending platform, has reportedly collected $1m in its pre-seed funding round, to help it expand its team.

African FinTech Carbon has entered a five-year strategic alliance with Visa to provide digital and physical issuance of Visa cards to its customers on the continent.

Okra, which stylises itself as Africa’s open finance API, has closed its seed round on $3.5m.

Uganda-based FinTech platform Numida has reportedly scored $2.3m in its seed funding round, which will help it expand across West Africa.

Nigeria-based InsurTech company Curacel has reportedly collected $450,000 in a pre-seed round.

FinTech firm, Stitch secured a seed round of $4m, making it the largest round raised by any API startup in Africa at the moment.

Kenyan InsurTech startup Pula has raised a $6m Series A round to boost its agricultural and digital products insurance.

Market data and infrastructure provider Refinitiv has teamed up with investigative and policy team The Sentry to help prevent African war criminals and their business networks from abusing the international financial system.

Diool, which helps small merchants in Africa accept payments, has reportedly collected $3.5m in funding to help it grow its operations.