Tag: Nigeria

Nigeran bank Polaris has boosted its digital presence with the launch of VULTe, its new digital bank.

TeamApt, which provides financial services to the underserved market in Africa, has closed its Series B round to help support more consumers in Nigeria.

Nigeria-based InsurTech company Curacel has reportedly collected $450,000 in a pre-seed round.

Nigeria-based ImaliPay has reportedly secured a pre-seed investment to help it accelerate its scaling efforts.

Nigerian FinTech company Cowrywise has reportedly raised $3m in its pre-Series A round, which was led by Quona Capital.

Kuda Bank, an African challenger bank, has reportedly raised $10m in its seed round.

Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.

Nigeria-based loan marketplace Evolve Credit has reportedly received an investment from Microtraction, an early-stage investor focused on African startups.

The problems don't seem to be over for Nigerian electronic payments provider eTranzact after it reported it incurred a loss of $306,623 in the second quarter, wiping away the recovery it had enjoyed after a 2018 fraud scandal.

Nigerian TradeDepot has reportedly netted $10m in a new funding round co-led by Partech, the International Finance Corp., Women Entrepreneurs Finance Initiative and MSA Capital.