Search Results for: FINTECH STARTUPS
-
News
[Column] Patrick Ndegwa: Celebrating startups and digital businesses that are uplifting African communities
The digital economy has opened up many opportunities for global businesses. Large enterprises and small businesses have seen increased profits…
Read More » -
News
These are the startups shortlisted for the AppsAfrica.com Innovation Awards 2020
The final shortlist for the AppsAfrica Innovation Awards 2020 which celebrate the best startups in mobile and tech from across Africa has been…
Read More » -
News
IBM supports African agricultural startups through Digital4Agriculture Initiative
IBM has announced that it is supporting the Digital4Agriculture Initiative (D4Ag), which aims to foster African start-ups in the agricultural…
Read More » -
News
Nigerian fintech startup CredPal raises $1.5million funding round
Nigerian consumer credit startup CredPal has raised a $1.5million funding round. The funding came as the startup prepares to launch its…
Read More » -
News
African fintech startup Chipper Cash raises $30 Million backed by Amazon CEO Jeff Bezos
African fintech startup Chipper Cash has secured a $30 Million Series B funding round led by Ribbit Capital with participation…
Read More » -
News
Africa-focused VC fund Outlierz Ventures invests in three Nigerian startups
Africa-focused Morocco-based B2B VC fund Outlierz Ventures has announced new investments into three Nigerian startups – Bamboo, Youverify and Healthlane.…
Read More » -
Startups
Moroccan fintech startup OnePay raises $417k for its digital payments platform
Moroccan fintech startup OnePay has announced a $417,000 investment from Maroc Numeric Fund II. The startup which operates as a…
Read More » -
Startups
[Zambia] BongoHive FinTech Challenge Applications Opened
Zambian Innovation hub BongoHive has announced that it has opened applications for its annual BongoHive FinTech Challenge. Through this challenge,…
Read More » -
Startups
South Africa’s fintech startup Ukheshe selected for Mastercard Start Path program
South African fintech startup Ukheshe, has been selected to join the 2020 Mastercard Start Path program. Mastercard Start Path is…
Read More » -
Startups
Ecobank Opens Applications For Its 2020 Fintech Challenge
Ecobank Group is calling on African startups and developers to apply for its 3rd edition of the Ecobank Fintech Challenge.…
Read More » -
Startups
Kenyan fintech startup Wapi Pay raises capital to scale across Africa
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its…
Read More » -
Startups
Nigerian fintech startup Aella raises $10m financing round
Nigerian fintech startup Aella has raised a $10m debt financing round from Singapore-based HQ Financial Group (HQF). This debt financing…
Read More » -
News
[Column] There’s not enough women-led tech startups – and it’s costing us all
Africa’s technology startup scene is vibrant – and growing fast. There are currently over 640 active technology hubs across the…
Read More » -
Startups
African tech startups raised $491M funding in 2019, Disrupt Africa report
2019 was the best year yet for investment into the African tech startups, with 311 companies banking a combined US$491.6…
Read More » -
News
[Column] How fintechs are making Africa a leading global Innovation Hub
In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech…
Read More » -
Startups
Nigerian Fintech Startup Trove Secures An Undisclosed Amount Of Funding From ARM
Nigerian micro-investing fintech startup Trove has secured an undisclosed amount of funding from asset management firm, ARM. This is the…
Read More » -
Startups
List of tech startups shortlisted for the AppsAfrica Innovation Awards
The final shortlist for the 5th AppsAfrica Innovation Awards have been announced. The annual Awards attracted over 400 submissions from 52 countries, with…
Read More » -
CYBER SECURITY
Growth in Fintech drives growth in cyberattacks, Kaspersky
Africa’s Fintech sector is booming! According to reports, Africa’s Fintech ecosystem has surged 60% in the last two years and the…
Read More » -
News
Vodacom Tanzania and Smart Lab launch new $150k accelerator program for tech startups
Vodacom Tanzania and Smart Lab have launched a new accelerator program to support arly-stage and growth-stage technology startups. The “Vodacom Digital…
Read More » -
BUSINESS
The rise of Sub-Saharan Africa as a fintech hub
Sub-Saharan Africa is one of the fastest-growing investment zones for fintech companies according to new research. The GSM Association says…
Read More » -
Startups
Seedstars is launching a $100M fund to invest in African tech startups
Seedstars has announced a new partnership with Paris-based First Growth Ventures to launch a $100 million fund to invest in…
Read More » -
Startups
Partech Africa Report: African tech startups raised US$1.163 billion in equity funding in 2018
African tech startups raised a total of US$1.163 billion in equity funding in 2018. This is according to the Partech…
Read More » -
Startups
Ampion and Plutos Ventures launch new venture to invest in African startups
Africa-focused Ampion and Berlin-based Plutos Ventures Holding have announced the founding of Ampion Ventures to support African startups. The goal…
Read More » -
Startups
Nigeria’s Fintech Startup TeamApt closes $5.5M Series A Round To Scale Into Additional Markets
TeamApt, a Nigerian startup that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A…
Read More » -
Startups
Two Kenyan startups among Google’s Launchpad Accelerator Africa program graduates
Two Kenyan startups, Cloud9xp and PayGo Energy were among the second class of 11 startups who graduated yesterday from Google’s Launchpad Accelerator Africa…
Read More » -
Startups
Naspers Sets Up A $9m Fund To Support South African Tech Startups
South African media company Naspers has set up a R1.4bn ($96m) Naspers Foundry fund to invest into South African technology…
Read More » -
Startups
Founders Factory wants to build and scale African tech startups
London-based startup accelerator Founders Factory has partnered with Standard Bank to launch its first international location in Johannesburg, South Africa…
Read More » -
Startups
Kenyan startups top list of 2018 MIT Inclusive Innovation Challenge Africa winners
Kenyan startups have topped the list of 2018 MIT Inclusive Innovation Challenge Africa winners. The startups, Lynk, WeFarm, and Solar…
Read More » -
Startups
Tanzania’s startup Nala wins 2018 Ecobank Fintech Challenge
Tanzanian startup Nala is the winner of this years’ Ecobank Fintech Challenge. Nala beat ten other finalists to emerge as the…
Read More » -
Blockchain
Fintech SandBox Policy to be Ready by July 2018, Says CMA Boss, Paul Muthaura
Regulation in the Blockchain and crypto space is inevitable and coming very soon. To enable this, Capital Markets Authority is…
Read More » -
News
Industry Leaders Define How FinTech is Accelerating Positive Transformation of Banking in Africa
The FinTech space in Africa is witnessing rapid growth as innovative new financial services players disrupt the traditional modalities of…
Read More » -
News
FinTech in South Africa: Accelerating the Digital Transformation of Banking & Financial Services
Ethico Live has announced the launch of Finnovation South Africa summit. The event will see participants from established banking powerhouses…
Read More » -
Startups
Agriculture based startups dominate Pangea’s application list
Just two months after launching in Kenya, Norwegian accelerator Pangea has closed its application platform recording a total of 403…
Read More » -
Startups
Kenyan Startups invited to apply for this year’s DataHack4FI competition
Nairobi Garage is calling on Kenyan startups to apply for the for this years DataHack4FI competition with the winning team…
Read More » -
Startups
6 Kenyan Startups among the DEMO Africa 2017 30 finalists
6 Startups from Kenya have made it to the list of the final 35 startups from 28 African countries that…
Read More » -
Startups
Orange launches 50 million euros investment initiative to support African Startups.
Orange Digital Ventures , Orange Group’s investment vehicle for early-stage innovation projects in Africa has launched a new investment initiative…
Read More » -
News
Mobile Money Subscriptions in Kenya Rise to 38.7 Million
Mobile money subscriptions in Kenya have grown to 38.7 million, translating to a penetration rate of 75%. This is according…
Read More » -
Startups
Applications for the Visa Everywhere Initiative 2024 Open
Visa has opened applications for its 2024 edition of the Visa Everywhere Initiative (VEI), a global open innovation program and…
Read More » -
News
Why Launch of M-PESA Ethiopia is set to ignite a financial revolution in one of Africa’s biggest economy
A recent report by the GSMA dubbed State of the Industry Report on Mobile Money 2023 underscores how mobile money…
Read More » -
News
Mobility financing startup Moove raises $8 million financing from Absa Bank
Moove, the mobility fintech startups has secured USD $8mn in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding…
Read More » -
News
Seedstars new program seeks to boost financial inclusion for women migrants
Seedstars, the global startup community and investment platform a new program to support fintech companies focused on promoting financial inclusion…
Read More » -
News
ARM Labs Lagos Techstars Accelerator Concludes Inaugural Program with Demo Day
Techstars, in partnership with Lagos-based innovation program ARM Labs, marked the completion of its inaugural ARM Labs Lagos Techstars Accelerator…
Read More » -
News
Empowering African SMEs: Cladfy’s innovative approach to accessing capital
Sub-Saharan Africa is currently home to 44 million micro, small, and medium-sized enterprises (SMEs). All of which serve as a…
Read More » -
News
Kenya’s alphabloQ is helping more Africans secure their future through real estate investments
Following the impact of the Covid-19 pandemic, economic uncertainty heightened when global stocks and bonds lost more than $30 trillion…
Read More » -
News
Google has pulled down more than 2,000 loan apps from Play Store in India
Google says that it pulled more than 2,000 personal loan apps from Play Store in India for what the company…
Read More » -
Interviews
[Interview] Efayomi Carr: Embedded finance and its impact on financial inclusion
Efayomi Carr is a Principal at Flourish Ventures, a Global Fintech Venture Firm investing in fintech startups across the globe,…
Read More » -
News
Flutterwave Has Appointed Former American Express Executive as New CFO
Flutterwave has announced the appointment of Oneal Bhambani as its new Chief Financial Officer (CFO) Bhambani joins the Nigerian fintech…
Read More » -
News
OPay and Mastercard partner to expand regional reach
OPay, a Nigerian fintech regarded as one of Africa’s most valuable fintech startups has entered into a strategic partnership with…
Read More » -
News
Kenyan Female Entrepreneur Raises $1.8M in Seed Funding for Lami Technologies
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has…
Read More » -
News
[Interview] We’re connecting Africa one transaction at a time, Leon Kiptum, Chipper Cash Kenya boss
Financial technology – Fintech, has become a significant force in shaping the structure of the financial services industry in Africa…
Read More » -
COLUMNS
[Column] Soromfe Uzomah: How global disruption can have local implications
The global impact that the Covid-19 pandemic has had not only on public health, but on business, cannot be underestimated.…
Read More » -
COLUMNS
Explaining the High Cost of Remittance to African Countries
The World Bank recently released a study report with findings that the cost of remitting cash to African nations is…
Read More » -
News
Who wants complimentary passes to the Finnovation Africa: Kenya 2018 summit?
The Finnovation Africa: Kenya 2018 summit is coming to Nairobi on 31st May 2018. The event will bring together more…
Read More » -
News
Microsoft, NVIDIA Partner to Boost AI Innovation and Collaboration in Africa
Microsoft, through the company’s Africa Transformation Office (ATO), has announced a new initiative to boost AI development in Africa by…
Read More » -
News
[INTERVIEW] Lami’s Jihan Abass on Digital Revolution for Insurance Agents
The insurtech sector in Africa is rapidly evolving, driven by technological advancements and a pressing need for accessible insurance solutions. …
Read More » -
BUSINESS
Partnerships Crucial for Africa’s Role in Global Digital Economy
African leaders are calling for more strategic partnerships with the private sector to enhance Africa’s role in the global digital…
Read More » -
Startups
Why Now Is a Good Time to Invest in Venture Capital in Africa
The African venture capital ecosystem has encountered significant headwinds in recent times. According to research firm Africa: The Big Deal,…
Read More » -
News
Nigerian investment firm Risevest completes acquisition of Kenya’s Hisa
Nigerian fintech startup Risevest (Rise) has acquired Hisa, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S.…
Read More » -
Startups
Orca Fraud raises $550k to fight fraud in emerging markets
Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud,…
Read More » -
News
![[Gerald Maithya] What we can learn from Africa’s small business success stories](https://techtrendske.co.ke/wp-content/uploads/2024/05/Gerald-Maithya-Image-1-390x220.jpg)
[Gerald Maithya] What we can learn from Africa’s small business success stories
Africa is often hailed as the birthplace of some of the world’s most exciting tech startups. From Cape to Cairo,…
Read More » -
COLUMNS
[Mark Doumba] Kenya’s Innovation Boom: Thriving on Foreign Capital, But Can It Chart its Own Course?
As Foundry Fellows at the Legatum Center for Development and Entrepreneurship at MIT, we have the unique privilege to travel and dissect innovation and…
Read More » -
News
Fuse launches $10M grant program for web3 payments innovators
Fuse Network has unveiled a $10 million grant program to support businesses by providing essential funding and infrastructure for streamlined…
Read More » -
News
TechCabal’s Inaugural Moonshot Conference brings Africa’s tech ecosystem to Lagos, Nigeria
African tech leaders and investors are set to gather in Lagos, Nigeria this October for TechCabal’s inaugural Moonshot Conference. They…
Read More » -
News
AWS to host masterclass sessions at Africa Money and DeFi Summit in Ghana
Amazon Web Services (AWS) will host an engaging masterclass at the Africa Money and DeFi Summit set to be hosted…
Read More » -
News
Eric Jackson takes over as new Hisa CEO
Kenyan fintech Hisa has announced the appointment of Eric Jackson as its new Chief Executive Officer (CEO). Jackson takes over from…
Read More » -
News
Applications for cohort 4 of the ASIP accelerator program open
Startupbootcamp AfriTech has opened applications for Cohort 4 of its ASIP accelerator program. Targeting early-stage startups in Africa, the ASIP Program…
Read More » -
News
Hillary Namunyu: How nongreen companies can apply ClimaTech solutions
This year has seen green-focused startups in Africa get more VC funding compared to other years as the world works towards reducing…
Read More » -
Interviews
[Interview] Youverify’s Dimitri Kanellopolus on the firm’s expansion to Kenya and the state of regtech in Africa
The last couple of years have seen a number of African countries start to adopt regulation technology – what has…
Read More » -
Startups
Regional winners of the Global Startup Awards Africa announced
Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa – the largest, independent startup ecosystem competition…
Read More » -
News
Egypt-based VC DisrupTech Raises $5 Million Investment From Proparco
Proparco, a subsidiary of the AFD Group focusing on private sector development, has announced an investment in an early-stage venture…
Read More » -
News
PATRICK NDEGWA: Kenya’s startup ecosystem is set for growth in 2023 and beyond
Kenya is a hub for entrepreneurship and startup development in East Africa, with a growing ecosystem of innovative businesses and…
Read More » -
News
Visa Everywhere Initiative 2023 applications open in Kenya
Payments firm Visa has opened applications for the 2023 edition of the Visa Everywhere Initiative (VEI). The global open innovation…
Read More » -
News
20th edition of East Africa Com tech event to be hosted in Nairobi
East Africa’s premier technology, telecommunication, media, and broadcasting event East Africa Com will return to Nairobi on 25-26 April after a…
Read More » -
News
Kenyan startup ecosystem has a significant competitive edge globally, report
A comprehensive, in-depth report funded by the UK government has given Kenya’s startup ecosystem a thumbs up, noting that it…
Read More » -
News
Flutterwave Secures Two Additional Licenses to Operate in Rwanda
Nigerian remittance company Flutterwave has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National…
Read More » -
News
Flutterwave reportedly lost $4 million to hackers in early February
Nigerian fintech Flutterwave has reportedly lost $4 million to hackers who penetrated the company’s systems in early February. The money…
Read More » -
Startups
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M. …
Read More » -
Startups
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
Read More » -
News
Wasoko dismisses reports that it has shut down its operations in Kenya
Kenyan-based B2B e-commerce startup Wasoko has dismissed reports that it has shut down its operations in the country. On Monday,…
Read More » -
Interviews
[Interview] We’re consolidating African retailers’ business needs in one easy-to-use platform, MarketForce CEO
As the e-commerce marketplace expands, new players are stepping in to make it easy for merchants to source products and…
Read More » -
News
Applications for the 5th edition of Catapult: Inclusion Africa Programme open
The LHoFT Foundation has opened applications for the 5th edition of the CATAPULT: Inclusion Africa which will be delivered in Luxembourg.…
Read More » -
Startups
Kenyan insurtech Lami Technologies raises $3.7M to expand across Africa
Kenya-based insurtech startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa. The…
Read More » -
Startups
Nigeria’s mobility startup Moove has expanded to India
Nigeria is home to some of the most innovative startups and many of them are disrupting their respective industries in…
Read More » -
Startups
AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African…
Read More » -
News
Cairo Angels Injected Undisclosed Amount in Kenya’s FlexPay
Fintech startup FlexPay has raised an undisclosed amount of funding from Cairo Angels Syndicate Fund(CASF). The Kenyan firm operates an…
Read More » -
News
Glovo Kenya tech startup pitch competition winners announced
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya. Glovo in partnership with…
Read More » -
Startups
Kenyan open finance infrastructure startup Credrails partners with Access Bank for future of finance in Africa
Access Bank has partnered with Kenyan women-led open finance infrastructure startup Credrails to develop open finance rails that will dramatically…
Read More » -
Startups
Flutterwave goes live in Tanzania
African fintech Flutterwave has received approval from the Bank of Tanzania (BoT) to launch its payment service in the country.…
Read More » -
Startups
BitKE to host a webinar on startup funding in Africa, register to attend now
2021 was the biggest year, so far, in the history of funding for African startups which saw over $4.6 billion…
Read More » -
Startups
African Focused VC Firm TLcom Secures First Close of $150mn Pan-African Tech Fund
TLcom, the Africa-focused venture capital firm has announced a first close of $70mn for its $150mn Africa focused tech fund…
Read More » -
Apps
3 trends set to dominate African mobile apps in 2022
In 2021, the mobile industry in sub-saharan Africa continued to show incredible resilience against the impacts of Covid-19 and experienced…
Read More » -
News
Fourth edition of Africa Tech Summit Coming to Nairobi This February
One of Africa’s top tech events the Africa Tech Summit is coming to Nairobi. The event will take place on…
Read More » -
Startups
Ventures Platform Closes its First $40M Pan-African Fund
Nigeria-based Ventures Platform has announced the first close of its $40 million pan-African fund to invest in market-creating innovations across…
Read More » -
Startups
Pan African smart technologies venture studio Adanian Labs opens applications for its 2021 venture building program
Adanian Labs, a Pan African smart technologies venture studio with a mission to build 300 impact-driven startups across Africa has…
Read More » -
News
[This Week in Tech] Telkom Kenya signs a $100M deal to scale its 4G network and other top stories
Kenya’s 4G subscriptions market share will more than double from 24.2% in 2021 to 53.6% by 2025. Local telcos have…
Read More » -
News
[This Week In Tech] Facebook changes its corporate name to Meta and other top stories
This has been quite an interesting week for tech. We covered so many interesting stories from across Africa and the…
Read More » -
News
[This Week in Tech] Wapi Pay founders step down from their roles
This has been quite an interesting week in tech in Africa. We covered a number of great announcements here at…
Read More » -
Startups
Ian Lessem: The rise of African tech unicorns
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or…
Read More » -
News
East African Startup ecosystem poised for massive growth in 2021
Africa has a very vibrant startup ecosystem. Even with the pandemic, these startups have gone ahead and raised massive funding…
Read More » -
CLOUD
Caroline Mukiira : Hybrid Cloud – The Catalyst for Increased Financial Inclusion in Africa
Africa has made huge strides over the past decades towards the financial inclusion. The digitization and simplification of money management…
Read More » -
News
Top African regions set to become leading startup and investment hubs
On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy,…
Read More »