Tag: Africa

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.

MENA seed and early-stage venture capital firm Flat6Labs has announced seven new Jordan-based startups it has invested into.

Wave Mobile Money, a FinTech company that operates in Senegal and Côte d’Ivoire, has reportedly raised €90m debt funding.

Ghana-based FinTech company Fido has reportedly raised $30m in a Series A round, as well as an undisclosed amount in debt funding.

• FinTech companies in Africa completed 83 deals in Q1 2022 raising in total $465m. If the next three quarters follow this rate of...

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.