Dopay
Funding Investment Venture Capital

Egypt’s Dopay Secures $13.5m Series A Extension Round to Bank the Next Billion Workers

Dopay, the fintech providing a digital payroll and payments platform serving unbanked and underbanked workers in emerging markets, has closed

Bitmama
Acquisition

Bitmama Announces Acquisition of Payday

Bitmama Inc., the blockchain payments platform, has announced the acquisition of Payday, a virtual card service provider. This acquisition comes

COVA AFRICA
Fintech

COVA AFRICA Named Winner of Sixth Edition of CATAPULT: Inclusion Africa – Togo Edition!

From 16 to 20 October 2023, representatives of ten African fintechs traveled to Togo, in Lomé, to take part in the

Ukheshe
Banking Fintech Partnership

Ukheshe and Komuniti SA Partner to Make Digital Banking Services More Accessible

Komuniti in collaboration with banking as a service (BaaS) and embedded finance enabler, Ukheshe is bringing digital banking to more people in South

Lupiya
Fintech Funding Investment Payment Venture Capital

Lupiya, a Zambian Neobank, Gets $8.25m Series A Round Led by Alitheia Capital

Lupiya, a Zambian neobank, has secured $8.25 million in Series A funding. This fundraising endeavour was spearheaded by the Alitheia

The Catalyst Fund
Venture Capital

The Catalyst Fund Marks Major Milestone with First Close of Target $40M Fund

 The Catalyst Fund, a pioneering pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, has

Founders Factory Africa
Funding Investment Venture Capital

Founders Factory Africa Secures $114m to Expand its Mission of Supporting African Founders

 Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the

Ukheshe
Payment

Building Trust in Digital Payments in Africa 

While cash and mobile money remain the dominant payment methods in Africa, they come with significant challenges. Cash is inefficient,

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

Consumers
Ecommerce

Shopping For Sustainability: Online Stores and e-commerce Merchants Answer Growing Consumer Demand

While 92% of South Africans say sustainability is important to them, only 58% claim to live sustainably according to a 2022 study by global