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Nigerian buy now pay later service CredPal raises backing from CASF
Nigerian FinTech buy now, pay later service CredPal has received an investment from the Cairo Angels Syndicate Fund (CASF).
Could 2022 be the year of the CBDC?
With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?
Africa-focused digitised payment dev Interswitch bags $110m
Interswitch, which is pioneering the shift to digitised payments, has scored $110m in funding.
Nigerian BNPL platform CredPal collects bridge round
CredPal, a Nigerian FinTech company that offers buy now, pay later services, has reportedly collected $15m in a bridge round comprised of equity and debt.
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
Nigerian B2B payments platform Duplo raises $4.3m
Nigerian B2B payments platform Duplo has raised $4.3m in its seed round, which was supplied by a coalition of investors and angels.
Nigeria’s OnePipe scores seed round to help banks digitise
Nigeria-based OnePipe, which builds APIs to help banks partner with FinTechs and digital services, has reportedly raised $3.5m in seed funding.
Payhippo’s second funding round in 2021 to help it reinforce its...
Nigeria-based lending platform Payhippo has reportedly collected $3m in its seed funding round, as it looks to scale its team to support growth.
Digital currency pilot begins in Nigeria with eNaira launch
The Central Bank of Nigeria (CBN) has unveiled its central bank digital currency (CBDC) eNaira in its pilot study named Project Giant.
Nigeria-based Brass collects $1.7m in funding
Nigeria-based Brass, which provides businesses with banking tools that meet their needs, has reportedly collected $1.7m in funding.