Revio
Payment

Revio Raises $1.1m to Solve Payments Failure Problem in Emerging Markets

Revio, a South African API payments and collections startup, has raised $1.1 million in seed funding led by SpeedInvest. The

Mastercard
Partnership

Mastercard, Cellulant Partner to Empower Millions of Consumers Across Africa to Join the Global Digital Commerce Market

Mastercard and Cellulant have partnered to allow millions of Cellulant customers across Africa to shop and pay online with global

Exits.me
Funding Investment Payment Venture Capital

Egyptian Online Investment Marketplace, Exits.me Bags $1m Pre-Seed Round

Exits.me, an Egyptian online investment marketplace, has raised $1 million in a pre-seed round. The investment round came from a

Bitmama
Cryptocurrency

Bitmama, an African Blockchain $2m Pre-seed to Grow its Operation in New Markets 

Bitmama, a the US and African-based blockchain payments startup, has raised an additional $1.65 million, bringing its total pre-seed round to

Convertedin
Funding Investment Venture Capital

Egyptian Marketing Tech Startup Convertedin Secures $3m in funding to Expand Operations

Convertedin, an Egyptian startup that builds marketing operating systems for e-commerce brands, has raised $3 million in a funding round led by

Kune Food
Marketplace Startup

Kenyan On-demand Food Marketplace, Kune Shuts Down

Kune Food, a Kenya on-demand food marketplace, has shut down after less than a year of operations. This was announced

Ecommerce Funding Investment Startup

Betastore, a B2B Retail Marketplace, Secures $2.5m Investment

Betastore, a B2B retail marketplace for informal retailers, has secured a $2.5 million in pre-series A funding from 500 Global,

SWVL ACQUIRES TURKISH B2B MOBILITY STARTUP VOLT LINES
Acquisition Mobility Transport

Swvl Expands into the Turkish Mobility Market with the Acquisition of Volt Lines

Egyptian mobility startup SWVL has acquired Turkey-based B2B mobility startup Volt Lines. The deal values the startup at over $40 million. As

Funding Investment Venture Capital

Egyptian Cashback App Lucky Gets $25m to Increase its Market Leadership in MENA

Lucky, an Egyptian app for credit product and cashback, has raised $25 million Series A investment led by Nclude by

Homzmart
Acquisition

Egyptian Furniture Marketplace, Homzmart Acquires Germany’s MockUp Studio

Homzmart, an Egyptian furniture marketplace, has acquired German-based technology company, MockUp Studio. MockUp Studio’s technology allows customers to visualise their