Tag: Kenya
Kenyan FinTech sector sets new record in 2022 with $158m capital...
Key Kenyan FinTech investment stats in 2022:
• FinTech deal activity in Kenya reached 48 deals in total during 2022, a 14% increase from 2021...
Kenyan FinTech Power lands $3m seed funding
Power, a Kenya-based FinTech provider, has scored $3m in a seed funding round led by DOB Equity.
Meet Techstars Toronto Accelerator’s nine African startups
Techstars Toronto Accelerator has revealed the nine African startups to participate in its latest programme.
Kenya is the hotbed for FinTech innovation in Africa in 2022,...
• Kenya was the most active FinTech seed country in the first half of 2022 with 11 deals, a 28% share of total FinTech...
Wayapay launches remittance app for immigrants from Africa
Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.
Finclusion Group rebrands to bolster financial inclusion in Africa
Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.
Kenyan InsurTech Lami extends seed round ahead of international expansion efforts
Kenya-based InsurTech startup Lami Technologies has collected $3.7m in its seed extension round as it looks to expand across Africa.
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
Kenya-based lender M-KOPA secures $75m
Kenya-based FinTech company M-KOPA has reportedly raised $75m in a fresh funding round.
MarketForce scores $40m in Series A raise
Kenyan B2B platform for consumers goods and digital financial services MarketForce has snagged $40m from a Series A financing haul.
The round was headed...