News

Payday Secures $3M Seed Round to Power the Future of Work for Africa

Payday, an African neobank issuing global accounts to Africans, has raised a $3M seed round led by Moniepoint Inc. The

AWS
Accelerator

Apply: Amazon Web Services (AWS) Fintech Africa Accelerator

Amazon Web Services (AWS) has launched AWS Fintech Africa Accelerator for African fintech companies. The equity-free program supports early-stage startups

Funding Investment Venture Capital

Rwazi Secures $4m Investment Led by Bonfire Ventures

Rwazi, a market intelligence startup, has secured $4 million in funding led by Bonfire Ventures and saw participation from Newfund

Delta40
Venture Capital

Factor[e] Ventures Launches Delta40, a New Venture Studio to Transform African Startup Ecosystem

Factor[e] Ventures has announced the launch of Delta40, a new venture studio that aims to increase incomes and tackle climate

Autochek
Appointment

Autochek Appoints Robert Granados to its Board of Directors

Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has appointed US automotive industry leader

Fin
Acquisition

South Africa’s Fin Acquires Thuthukani

Fin, a South African fintech company, has completed the acquisition of South African housing finance provider Thuthukani Housing Finance. This takeover continues

Ejara
Blockchain Funding

Ejara Gets Backing From Adaverse to Democratise Finance in Francophone Africa

Ejara, an investment platform that improves access to financial solutions through blockchain, has raised funding from Adaverse, a Cardano ecosystem

Flutterwave
Finance Fintech Payment

Flutterwave Secures Two Additional Licenses in Rwanda

Flutterwave, Africa’s payments technology company, has today announced that it has received its Electronic Money Issuer and Remittance Licenses from

Almentor
Funding Investment Venture Capital

Almentor Secures $10mn Investment Round Led by e& capital to Bridge Education Gap For Arabic Speakers

Almentor, the Egyptian online video learning platform in Arabic, has raised $10 million in growth capital in a pre-series C round

Fawry
Digital Partnership

Fawry Offers its Digital Solutions For Mngm Platform for Precious Metals Clients

Mngm and Fawry have inked a deal that allows existing ‘Mngm’ customers to charge their cash balance through the Fawry