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Wasoko and MaxAB, have signed preliminary merger terms to join together as a combined entity to drive the transformation of Africa’s informal
Mtor, the Egyptian online auto parts marketplace, has raised a $2.8 million pre-seed round led by Algebra Ventures, with participation
Bitmama Inc., the blockchain payments platform, has announced the acquisition of Payday, a virtual card service provider. This acquisition comes
NoOnes, the financial communication super app connecting people of the Global South to the world’s financial systems, has announced its
Saviu Ventures, a Venture Capital firm in Francophone Africa, has announced the first close of its second fund Saviu II,
The UK-Nigeria Tech Hub has partnered with NINE, to launch an impact accelerator, ‘Social Innovation Driven Entrepreneurship’ for social impact
The local fintech bubble may have burst, with valuations becoming much lower as investors look for profitability and maturity instead of growth
Shekel Mobility, a Nigerian B2B mobility startup, has raised $7 million in investment co-led by Ventures Platform and MaC Ventures. The
Gozem, the African Super App, has announced its acquisition of Moneex, a Fintech app from Benin dedicated to providing global
Fawry, the Egypt provider of electronic payment and digital financial services, has partnered with MoneyHash, an all-in-one payment and revenue