MFS Africa has raised US$100 million Series C through an equity and debt financing round. The fundraising marks another milestone in MFS...
Brass, a Nigerian fintech delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn...
dopay, the B2B2C payments platform serving 1.7bn unbanked workers in emerging markets, has closed a US$ 18 million Series A funding round....
MNT-Halan, Egypt’s leading fintech ecosystem, announced today a circa US$120 million investment by major global and regional growth investors: Apis Growth Fund...
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today announced its ninth cohort of fintech companies that are building solutions...
Africa’s fintech sector is growing and maturing, with more startups active in the space than ever before, platforms increasingly offering a variety...
Nigerian fintech BFREE focuses on improving consumers’ financial health through its tech-enabled, credit management solution that makes collection processes more scalable, efficient,...
Maviance PLC, a Cameroon-based fintech, announced today that it has closed its Seed investment round of USD 3 million from the pan-African...
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the close of...
Y Combinator-backed fintech startup Afriex has raised a seed funding round worth US$1.2 million as it bids to scale its payments and...
By Dominique Collett, a senior investment executive at Rand Merchant Investments and the head of AlphaCode Each year, at AlphaCode, we use...
Standard Bank has today announced it has acquired a 35% stake in South African fintech, TradeSafe. Established in 2013, TradeSafe is an...
DPO Group (DPO), one of the leading, high-growth online commerce platforms in Africa operating across 19 countries, has today entered into an...
Nigerian fintech Carbon, has released it’s 2019 financial statements audited by KPMG in a bid to drive transparency and trust. Carbon began...
Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s...
TerraPay announced that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In...
DPO Group, the leading African Payment Service Provider (PSP) has today announced its acquisition of PayFast, one of the largest payment processors in South...
Luno a global cryptocurrency firm recently carried out a ‘Future of Money’ survey in seven key markets to analyse the understanding and...
Africa’s fintech sector is growing at a fast pace, with the number of startups operating in the space growing by more than...
Last year saw increased investment by local and international investors in African FinTech ventures with a total of $284.6 million invested in...
TeamApt, a Nigerian fintech company that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A round,...
With traditional banks still struggling to reach the 95 million unbanked adults across Sub-Saharan Africa, it comes as no surprise that in...