Zembo
Funding Investment Venture Capital

Ugandan Electric Mobility Startup, Zembo Secures $3.4m From InfraCo Africa, DOB Equity and Mobility 54

Zembo, a Ugandan electric mobility startup, has secured a $3.4 million investment from InfraCo Africa, DOB Equity and Toyota’s Mobility 54 to

Grindstone Ventures
Venture Capital

Grindstone Ventures Launches $6.5m Venture Fund For SA Tech Startups

Grindstone Ventures has launched a $6.5 million venture fund dedicated to investing in innovative South African technology startups who have

Funding Insurtech Investment Venture Capital

SA’s Root Closes $3m Seed Funding Round to Scale Low-code Insurance Platform Abroad

Root, a South African based startup building infrastructure for the digital insurance economy, has closed a $3 million seed funding

Ecobank
Fintech Startup

Ecobank Announces the Top Five Finalists in its 2021 Fintech Challenge

Ecobank Group has announced the finalists of the 2021 Ecobank Fintech Challenge. The Ecobank Fintech Challenge, in its fourth edition,

Kuda
Payment Startup

Kuda Set to Have More Control Over its Cards With Visa Partnership

Kuda Technologies has partnered with Visa to offer virtual and physical Visa cards to its customers. With the collaboration, the

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.

Omnibiz Africa
Ecommerce

B2B eCommerce Startup, OmniBiz Africa Launches Buy Now Pay Later For its Retailers

Omnibiz Africa, a Nigerian B2B eCommerce startup, has launched a Buy Now Pay Later (BNPL) payment model and a bookkeeping

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

Sympl
Fintech Funding Startup Venture Capital

Egyptian Fintech Startup, Sympl Secures Undisclosed Funding From A15

Sympl, an Egyptian fintech enabling customers to shop and pay later, with no interest, has raised an undisclosed amount of

Payment Regulation Telecom

Airtel, MTN Receive Approval in Principle to Operate Payment Service Banks

MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service banks (PSB) in the