Google
Funding

60 African Startups Receive $4m Google Funding

Google has announced the selection of 60 African startups to receive a share of $4 million for the Google Black

Grey
Funding Investment Payment Venture Capital

Grey Raises $2M to Simplify Cross-border Payments Across Africa

Grey, a fintech for sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service

valU
Acquisition

Egyptian BNPL, valU Acquires Fintech Company Paynas

valU, an Egyptian Buy-Now, Pay-Later (BNPL) fintech startup, has acquired 100% of Paynas, a full-fledged employee management and benefits company

Scams
Cyber security Security

Phishing and Scams Rises in Kenya, Nigeria With a 438% and 174% Increase in the Number of Detections in Each Country Respectively in Q2 2022

Kaspersky analysis has revealed that attacks related to data loss threats (phishing and scams/social engineering) increased significantly in Africa in

Youverify
RegTech

Nigerian KYC Verification Startup, Youverify, Raises $1m Seed Round Extension

Youverify, a Nigerian identity verification company helping African banks and startups automate KYC and other compliance procedures, has announced that

Payment
Payment

Fintechs are Set to Transform Cross-border Payments in Africa

For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion

Swvl
Acquisition

Swvl Expands into Mexico with Acquisition of Mass Transit Tech Platform Urbvan

Swvl, a global provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to acquire Mexico-based Urbvan Mobility Ltd,

Flutterwave
Fintech Payment

Kenya High Court Freezes Millions Belonging to Flutterwave

A Kenyan High Court has frozen more than $59 million belonging to Flutterwave, the African payment firm. The money according

Visa
Partnership Payment

Flocash and Visa Partner to Promote Digital Capabilities for African SMEs

Visa has announced that it is partnering with Flocash, to promote digital capabilities for African SMEs through digital payments, supplier

Afropolitan
Funding Investment Startup Venture Capital

Afropolitan Secures $2.1m Funding to Build Digital Nation For Africans

Afropolitan, a startup that wants to build a digital nation for Africans, has raised pre-seed funding of $2.1 million.  Founded