Tag: Founders Factory Africa

Kenyan FinTech Zanifu bags $11.2m for inventory financing expansion

Zanifu, a Kenyan FinTech that specialises in offering inventory financing to micro, small and medium-sized businesses, has successfully secured an impressive $11.2m in a recent funding round.

Nigerian InsurTech star MyCover.ai secures $1.25m funding for expansion

MyCover.ai, an innovative Nigerian start-up, is making waves in the African insurance market. The company provides an open insurance API, allowing businesses to seamlessly integrate insurance into their existing products and services.

The Radical Fund’s $40m climate tech fund targets early-stage SEA startups

Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.

Asaak lands funding to support gig workers in Africa

Uganda-based asset financing startup Asaak has raised $30m in pre-Series A equity and debt funding, a report from TechCrunch has revealed.

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