Tag: Kenya
Nigeria continues to dominate in Africa with 39% of FinTech deals...
Key African FinTech investment stats in H1 2023:
• African FinTech deal activity reached 133 deals in H1 2023, a 38% drop YoY
• African FinTech...
Zanifu’s game-changing MSME finance model receives substantial investment from Beyond Capital...
Beyond Capital Ventures (BCV), an esteemed venture capital firm focusing on emerging markets, has made a strategic investment in Zanifu. Zanifu is an innovative financial services platform that champions small retailers across Africa.
Moniepoint set to expand African footprint with Kopo Kopo acquisition
Moniepoint, a banking and payments platform operating throughout Africa, has gained the green light to wholly acquire Kopo Kopo.
Pesawise teams with Flagright to strengthen payment solution offering
Pesawise, a FinTech focused on providing seamless and secure payment solutions, will partner with Flagright to boost its payment offering.
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.