Tyme Bank
Acquisition

TymeBank to Acquire Fintech SME funder, Retail Capital in Bid to Bolsters its Business Banking Offering

TymeBank, South Africa’s fastest-growing digital bank, is set to bolster its business banking offering with a series of new initiatives,

Ubenwa
Funding Startup Venture Capital

Ubenwa Receives $2.5m Backing to Help Parents Interprete Babies’ Cries

Ubenwa, a developer of diagnostic software for the rapid detection of medical anomalies in infant cry sounds, announced a $2.5

Moove
Partnership

Moove Partners With Uber to Launch Mega Fleet For Ride-hailing in India

Moove, the mobility fintech and Uber’s largest vehicle supply partner in EMEA, has announced its launch in India as a

Algebra Ventures
Venture Capital

FMO Announces $10m Commitment to Algebra Fund II

FMO, the Dutch entrepreneurial development bank, and Egyptian venture capital firm Algebra Ventures today announced the signing of a USD

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

FSD Africa
Funding Investment Venture Capital

FSD Africa Invests $3.5m in Catalyst Fund to Accelerate and Scale Pre-seed Impact Ventures in Africa 

FSD Africa has invested $3.5 million in global inclusive tech accelerator, Catalyst Fund, managed by BFA Global to anchor the

MOOVE CLOSES $20 MILLION FINANCING FROM ABSA
Africa Funding Investment Mobility

Moove Closes $20 Million Financing From Absa

Moove, the world’s first mobility fintech, has secured R300 million (US$20 million) in financing from Absa Corporate and Investment Banking

Persistent Energy
Clean Energy CleanTech Funding Venture Capital

Persistent Energy Raises $10m Funding Led by Kyuden International and FSD Africa to Grow Climate Venture Building in Africa

Persistent Energy has raised $10 million in equity in its Series C round led by Kyuden International Corporation and FSD

Moove
Fintech Funding Investment Startup

Moove Secures $20m Financing From British International Investment

Moove, a Nigerian mobility fintech, has secured $20 million. 4-year structured credit investment from British International Investment (BII), the UK

FirstCheck Africa
Venture Capital

FirstCheck Africa Adds $2M Commitment from TLcom to its $10M Debut Fund

TLcom Capital, an Africa-focused venture capital firm, has committed $2 million to FirstCheck Africa, and Oname Eloho, one of its