Browsing Category
FinTech
594 posts
Announcements and deep-dive analysis about the financial technology (fintech) space in Africa.
Nigeria’s TeamApt eyeing unicorn status with planned $150m Series C round
Nigerian fintech startup TeamApt Ltd. is raising its third round of funding at a value of more than…
South African fintech JUMO raises $120m to drive its expansion into Nigeria
JUMO, a South Africa and London-based company that offers financial services in form of credit to entrepreneurs and…
MFS Africa acquires Nigeria’s Baxi in “second-largest” fintech deal behind Paystack
MFS Africa has signed an agreement to acquire Baxi’s parent company, Capricorn Digital for an undisclosed amount. Capricorn…
SeerBit CEO, Omoniyi Kolade talks about relationship between banks and fintechs and bridging payment gaps
SeerBit is a Nigerian payment processing platform that equips businesses with tools required to process payments across Africa.…
Sudanese e-commerce, Alsoug raises $5m, the first VC investment into the country in 30 years
Sudanese e-commerce and fintech startup, Alsoug has announced the closing of a $5 million funding round. The investment…
Klasha expands its borderless e-commerce payment solution into Ghana
Klasha, a Fintech company building borderless payments for e-commerce in Africa has announced its expansion into Ghana. This…
Nigeria’s Opay is the only African fintech listed in the 2021 Top 250 by CB Insights
The African tech startup space has continued to be dominated by financial technology companies. These fintech companies have…
Kenyan fintech, Koa among 5 finalists to pitch for $100k at Startup Battlefield 2021
Kenyan startup, Koa, is one of only five startups from around the world that qualified for the finals…
Nigerian fintech, Infibranches gets $2m funding from Shell to diversify its energy products
Nigerian fintech startup, Infibranches Technologies Limited has secured $2 million funding from All On, an investment company backed…
Court temporarily unfreezes Bamboo accounts to enable the fintech pay salaries
A federal high court in Abuja has ordered the temporary unfreezing of accounts belonging to fintech companies; Bamboo…
