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Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the
Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed
The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to
ImaliPay, a financial platform for African freelancers, has secured $3 million in an equity and debt seed funding round. Participating
ZirooPay, a Nigerian fintech startup, has raised $11.4 million in a Series A funding round led by Zrosk Investment Management.
Swvl, the Egyptian mass transit and shared mobility services provider, has begun trading on the Nasdaq. The firm’s co-founder and
Tushop, a Kenyan social-commerce startup, has closed a $3 million pre-seed funding round led by 4DX Ventures with participation from
Flutterwave, the unicorn African payment startup, has led a $3.4 million investment in Dapio alongside Techstars, PactVC and Daniel Gould,
Verod Capital Management Limited, a West African private equity firm, has announced that it has completed the acquisition of a
Churpy, a Kenyan fintech startup, has secured a $1 million seed round led by Unicorn Growth Capital. Also participating were