MFS Africa
Fintech Funding Payment Startup Venture Capital

Pan-African Cross-border Payments Startup, MFS Africa Secures $100m Series C Funding

MFS Africa, the pan-African cross-border payments startup, has raised US$100 million Series C funding through an equity and debt financing

Wicrypt
Blockchain Funding Internet Investment Venture Capital

Blockchain-based WiFi Sharing Network, Wicrypt Closes $1.5m Funding Led by AU21 Capital

Wicrypt Network, the first standalone blockchain-based WiFi sharing network from Africa, has announced the closing of $1.5 million in funding.

JUMO
Fintech Funding Investment News Venture Capital

South Africa’s JUMO Secures $120m at $400m Valuation

JUMO, a South African fintech startup that helps entrepreneurs in developing countries gain access to loans, has raised $120 million

Payhippo
Fintech Funding Investment Venture Capital

Nigerian Lender, Payhippo Closes $3m to Doubledown on Credit to SMEs

Payhippo, a Nigerian lending startup, has raised $3 million in a seed funding round. The investment was led by several

Product Launch

WorkPay, a Nairobi-based YC Graduate Expands to Nigeria

WorkPay, a Kenyan cloud-based workforce management startup with human resource (HR) and payroll management has expanded to Nigeria. Founded in

Stitch
Fintech Funding Investment Venture Capital

South African API Fintech, Stitch Raises $2m, Expands to Nigeria

Stitch, a South Africa API fintech startup, has announced that it has raised a $2 million seed extension and expanded

MFS Africa
Acquisition Fintech

MFS Africa Expands into Nigeria With Acquisition of Baxi

MFS Africa, the pan-African cross-border payments startup, has expanded into Nigeria with the acquisition of Baxi, one of Nigeria’s leading

Asante
Fintech Funding Investment Venture Capital

Asante Closes $7.5m Series A Funding to Close the Gap in MSME Lending in Africa

Asante Financial Services, an Africa-focused fintech, has raised Series A investment to scale its credit offerings to the underserved segment of

Alerzo
Ecommerce Retail

Nigerian B2B eCommerce Retail Startup, Alerzo Acquires Shago Payments

Alerzo, a Nigerian B2B eCommerce retail startup, has announced that it has acquired Shago Payments to accelerate its transformation from

PaySika
Fintech

PaySika Raises $348k Pre-seed Funding to Provide Payment Services in Francophone Africa

PaySika, a fintech startup focused on francophone, has announced that it has secured a $348,000 pre-seed investment from angel investors.