Nigeria
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1.8KUmba, 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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472
Lipa Later Group acquires Sky.Garden, one of East Africa’s leading e-commerce platforms
Lipa Later Group, has acquired Sky Garden in a move that re-energizes our commitment to bridging the gap between the merchant and...
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914
VENCO secures $670,000 pre-seed funding to deliver digital solutions for residential and commercial properties in Africa.
VENCO has secured $670,000 in an oversubscribed pre-seed funding round to scale its all-in-one technology platform.
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684
Amazon Web Service opens Lagos, Nigeria offices
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced the opening of its first office in Lagos, Nigeria. The new...
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735
CardinalStone Capital Advisers Invests $6m Investment in AfyA Care
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in AfyA Care as part of the company’s Series A...
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459
Nigerian data and intelligence company Stears raises $3.3M
Stears has announced a $3.3 million seed round with MaC Venture Capital as the lead investor. Participating companies included Serena Ventures, Luminate...
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585
Kippa raises $8.5M SEED
Nigerian FinTech, Kippa, has raised $8.4M in a SEED round from Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners, and Vibe Capital. The startup, launched in...
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842
Disrupt to launch a research publication on Nigerian startup scene
Since launching its research arm in 2016, Disrupt Africa has built up a significant portfolio of publications, most notably the African Tech Startups Funding Report and Finnovating...
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886
Duplo secures $4.3 million seed funding to enhance B2B payments
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3...
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687
Grey 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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967
Koolboks closes a $2.5 million seed round led by Aruwa Capital
Koolboks, the sustainable cooling company providing accessible cold storage solutions to businesses across Africa, has closed a $2.5 million Seed funding round....
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608
Bluechip Launches in Europe following Successful pan-African Expansion
Bluechip Technologies, Nigeria’s business application and data management solutions, announces its European launch following growing demand for its products and services. The...
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1.0K
Oui Capital hits first close of its $30M second fund
Oui Capital has announced the closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen...
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699
MTN teams up with ETAP to reward Nigerians for good driving
MTN Nigeria, Africa’s leading technology company, has teamed up with ETAP, a mobility technology company that creates solutions and incentives to improve...
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1.0K
Nigerian 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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1.0K
PocketApp (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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689
VerifyMe Launches Instant Vehicle License Verification Service in Nigeria
Digital identity and consumer analytics technology company, VerifyMe Nigeria, has launched a digital plate number verification service that verifies motor vehicle and...
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756
OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
Nigerian digital freight forwarding company, OnePort 365, has raised $5 million in seed funding to drive the end-to-end digitization of freight management in...
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689
ETAP secures $1.5 million pre-seed to drive car insurance adoption in Africa
Nigerian insurtech startup, ETAP has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of car insurance...
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820
Umba raises $15M in a Series A led by Costanoa Ventures and Lux Capital
Umba, a digital bank with a mission to bring a wide range of transparent and accessible financial products across Africa has raised...
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805
ThriveAgric raises $56.4m debt funding and accelerates pan-Africa expansion plans
ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also...
