FinTech
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1.3KAcasia Ventures leads Balad’s seven-figure pre-Seed round
Egyptian venture capital firm Acasia Ventures led the USD seven-figure pre-seed investment round in Cairo-based, remittance-focused fintech startup Balad. The round was...
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1.3KProparco invests $5 million in Egypt’s fintech sector
Proparco announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt’s fintech sector and...
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2.6KNigerian FinTech Touch And Pay Launches New Booking Solution
Touch and Pay Technologies [TAP], a Nigerian fintech company and leading processor of micro-transactions in Africa, has announced the democratization of interstate travel...
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1.9K32 Startups Selected for the Financial Solutions for Migrants Accelerator Program
Village Capital has announced 32 startups operating in Africa, Asia, and the Middle East have been selected to join the Financial Solutions for...
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2.2KApis Partners leads €29M (US$31M) Series A funding for African fintech Peach Payments
Apis Growth Fund II, a private equity fund managed by Apis Partners LLP (“Apis Partners”), a UK-based asset manager, today announces its...
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1.5KMoni unveils new community-powered business loans to drive growth for African SMEs
Moni, a digital platform that leverages social trust and group responsibility to deliver financial services in Africa, has launched a new range...
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10.3KUmba, the digital bank for Africa, launches into the Kenyan market
After acquiring a majority shareholding in Daraja Microfinance Bank, Umba can now offer full banking services in Kenya, including current accounts insured...
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4.1KOvercoming the treasury challenges of operating in Africa
Sike Bamisebi – Chief Business Officer, Cellulant shares her insights Africa offers huge opportunities for businesses, but many multinationals struggle to reach...
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1.8KMobility fintech Moove raises $30 million from debut sukuk for UAE expansion
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, raises $30m through its first sukuk issuance .
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3.5KDPO launches new payments app
Leading African digital payments company DPO Group launched DPO Pay Mobile, a new version of their payments app.. With several new features,...
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2.8KAutochek launches Autochek Financial Services to accelerate seamless access to vehicle financing across Africa
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the launch of Autochek Financial Services,...
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2.1KGrey raises $2M to simplify cross-border payments across Africa
Grey, a Nigerian fintech created to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. “Grey...
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1.5KEcobank Group Launches 2022 Edition of its Fintech Challenge with US$50,000 Prize Money up for Grabs
Pan-African banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter...
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3.1KRoam and M-Kopa Partner to Deploy E-Bikes in Africa
Roam has signed a supply agreement with M-KOPA, the fintech platform that provides credit and digital financial services to underbanked consumers in Africa....
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1.9KAfrica fintech and crypto leaders to connect at the Africa Money and DeFi Summit in Ghana this September
As the rapid growth of fintech continues and the birth of decentralised finance (DeFi) grows across Africa, leading fintechs, investors, crypto platforms, ventures...
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2.0KZeepay announces Series A.5 raise of USD10 million
Zeepay, a cross-border payments company operating as a challenger mobile money company has announced a raise of USD 10 million. The medium-term...
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2.6KCBK orders banks to close Flutterwave, Chipper Cash accounts as they are not licensed
Hours after the Central Bank of Kenya (CBK), Kenya’s monetary authority said that Chipper Cash and Flutterwave were not licensed to operate...
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2.3KIFC Invests in Mobile Money Firm Wave to Boost Access to Digital Financial Services in West Africa
To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in...
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2.1KNigerian Fintech, Moove, secures $20 million credit from British International Investment
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group, has announced a $20 million, 4-year...
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2.1KNomanini launches StockNow, a digital retailer solution
Nomanini, a fast-growing fintech platform in Africa, has announced the launch of a new supply chain finance solution called StockNow that connects...
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2.8KPocketApp (formerly Abeg App) Secures AIP for Mobile Money Operator License in Nigeria
The Central Bank of Nigeria has granted an Approval In Principle to Abeg Technologies Limited, a product of Piggytech Global Limited, as a Mobile Money...
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1.6KMFS AFRICA ANNOUNCES THE EXTENSION OF ITS SERIES C TO US$200 MILLION
MFS Africa, a digital payments network, has announced that it has secured an additional US$100 million in equity and debt funding led...
