Fintech

Koree Gets $200K Pre-Seed Funding to Expand its Merchant Base

Koree, the Cameroonian fintech startup, has closed a $200,000 pre-seed investment to grow its merchant base, scale its user base,

Chefaa
News

Egyptian Healthcare Startup, Chefaa Secures $5.25m Funding to Solidify Presence in Saudi Arabia

Chefaa, a pharmacy benefits platform, has secured $5.25 million in a strategic leap from new and existing investors. It was

Jumia
Ecommerce

Jumia Shuts Down Jumia Food

Jumia, the African ecommerce platform, will shut down Jumia Food, its digital food delivery arm, at the end of December

Flutterwave
Fintech Payment

Flutterwave Secures 13 New Money Transmission Licenses in the U.S.

Flutterwave, the African payments technology company, has announced its acquisition of money transfer licenses for 13 U.S. states to enable

Pivo
Startup

Nigerian Fintech Startup, Pivo Shuts Down

Pivo, a Nigerian fintech startup, has shut down a year after raising $2 million in seed round. Founded in 2021

Automobile Funding Investment Startup Venture Capital

Mtor, an Egyptian Online Autoparts Marketplace Secures $2.8m pre-Seed Round Led by Algebra Ventures

Mtor, the Egyptian online auto parts marketplace, has raised a $2.8 million pre-seed round led by Algebra Ventures, with participation

AppsFlyer
Acquisition

AppsFlyer Acquires oolo to Transform AI-Driven Decision-Making Businesses

AppsFlyer, the marketing measurement, attribution, and data analytics, has announced its acquisition of oolo, an AI-powered user acquisition and monetization decision-making

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

Amini
Climate Change Funding Investment

Amini closes $4m Seed Funding Round Led by Salesforce Ventures and Female Founders Fund

Amini, a Kenyan climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has

NoOnes
Appointment

NoOnes Appoints Ray Youssef as CEO

NoOnes, the financial communication super app connecting people of the Global South to the world’s financial systems, has announced its