fintech startups
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News
Why _able Thinks Credit Infrastructure Is Africa’s Next Big Opportunity
For most consumers, financial services begin with a familiar brand. A bank issues the loan. A telecom operator offers the…
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News
Egyptian fintech MNT-Halan is Africa’s newest Unicorn after raising $400M
Egyptian fintech startup MNT-Halan has become Africa’s newest unicorn after raising $400 million in debt and equity funding, raising its…
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News
Nigerian fintech startup Trade Lenda has raised $520k in pre-seed round
Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business…
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News
Fintech is the most vibrant sector in the Kenyan startup landscape, report
A report released by pan-African publication and research firm Disrupt Africa has pointed out fintech as the most vibrant subsector…
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News
Nigerian fintech firm VeendHQ secures $330k pre-seed investment
Nigerian fintech firm VeendHQ has secured $330k pre-seed funding to expand its operations. Magic Fund, The Oak Capital, Future Africa, Berrywood…
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News
World Bank and PFG To Provide $30 million for Fintechs in Emerging Markets
The World Bank, through its global development institution the International Finance Corporation(IFC) and US-Based fund manager Partners for Growth (PFG)…
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Startups
Nigerian fintech startup Grey expands to Kenya to enable freelancers send and receive money from abroad
Over the last few years, there have been conversations around PayPal being unfriendly to its users, mainly freelancers in Africa.…
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Startups
Egyptian Fintech Paymob raises $50M in Series B funding
The continued attention on African fintech startups is attracting unprecedented attention and investments from high-ranking venture capitalists. The latest such…
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News
Kenya looks to FinTech to supercharge financial inclusion, report
Kenya has the opportunity to become a continental leader in FinTech and dramatically boost financial inclusion by enhancing the existing…
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Startups
10 African Fintech Startups Selected for CATAPULT: Inclusion Africa Special Dubai Edition
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT:…
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Startups
African fintech Flutterwave valuation rises to over $3B after $250M Series D funding
African fintech firm Flutterwave has tripled its valuation to over $3 billion after raising $250 million in Series D funding.…
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Startups
Kenyan fintech startup Zanifu raises $1M funding, eyes Ghana and Uganda expansion
Kenyan fintech startup Zanifu has closed a $ 1 million seed round to scale its business and improve on its…
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News
Kenyan fintech startup Alvin raises $740,000 pre-seed funding
Kenyan fintech startup Alvin has raised a $740,000 pre-seed funding round led by Nigerian venture capital firm, Ingressive Capital. Other…
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Startups
Kenyan fintech startup Asilimia raises $2 million in pre-seed funding
Kenyan fintech startup Asilimia has raised $2 million in pre-seed funding to expand its operations to new markets in East Africa.…
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Startups
South Africa’s fintech firm Ozow raises $48 million Series B round
South African fintech firm Ozow has raised a US$48 million Series B funding round led by Chinese internet giant Tencent. …
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Startups
Nigerian Fintech Startup Brass Secures $1.7M Financing Round
Nigerian fintech startup Brass has secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and…
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New Appointments
Cellulant Confirms Akshay Grover as New CEO
Kenyan-based payments firm Cellulant has named Akshay Grover its new CEO effective May. Akshay has been holding the position in an acting capacity…
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COLUMNS
Mark Dankworth: The connected continent
Mobile transacting is fast becoming the golden egg of financial services – and nowhere more so than in Africa. According…
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News
African fintech startup Payday raises $1m pre-seed to build Africa’s PayPal
Payday, a Pan-African financial technology company has raised one million dollars to build out what they believe will be the…
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News
TONNY TUGEE: Fintech in Kenya – an industry of innovation
Almost every industry across the globe is undergoing rapid digital transformation, and the world of finance is no exception. Technology…
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News
South African fintech startup SOL rebrands to SOLmate
South African fintech startup SOL has announced that it’s rebranding to SOLmate. The online payment platform that offers clients a digital…
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News
Arab Bank launches its fintech accelerator program for startups in Egypt
Arab Bank has launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back…
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Startups
African Fintech startup Pngme raises $15m Series A funding
African fintech startup Pngme has raised $15 million in Series A funding as the company sets out to grow its…
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News
Kenyan Fintech Startup Kwara Selected for Mastercard Start Path Program
Kenyan fintech startup Kwara is among the 11 startups that have been selected to join the Mastercard Start Path program.…
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News
Kenyan fintech startup Wapi Pay raises $2.2m funding to digitise Africa-Asia trade payments
Kenyan fintech startup Wapi Pay has raised $2.2 Million in pre-seed funding to scale up global payments and remittances between…
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News
Nigerian fintech startup Lidya raises $8.3m pre-Series B funding round
Nigerian fintech and lending startup Lidya has announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital…
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News
Banque Misr partners with Microsoft to support fintech startups in Egypt
Banque Misr has signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in…
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News
Nigerian fintech startup TeamApt secures Series B funding
Nigerian fintech startup TeamApt has closed its Series B fundraising round, as it looks to expand its financial services beyond Nigeria. The…
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News
Ghanaian Fintech startup Zeepay raises $7.9 million Series A funding
Ghanaian Fintech startup Zeepay, has announced the completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both…
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Startups
Kenyan Fintech Firm Kwara Among African Startups Selected for Norrsken Impact Accelerator Program
Kenyan fintech firm Kwara is among the twenty startups, with eleven from Africa, selected to join the Norrsken Impact Accelerator. Norrsken…
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News
AlphaCode announces four startups taking part in the second phase of the its Incubate programme
AlphaCode has announced the four South African fintech startups that will be part of the second phase of the AlphaCode…
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News
Fintech VC firm Flourish Ventures Opens new Office in Kenya
Flourish Ventures, a global fintech venture capital firm, has opened a new office in Kenya to support fintech startups across Africa.…
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Startups
Visa announces 2021 edition of its Everywhere Initiative to support fintech startups
Visa has announced the 2021 edition of the Everywhere Initiative – a global innovation program and competition for fintech startups. This year,…
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News
Nigerian fintech startup ImaliPay Raises Pre-Seed Funding from Australian VC firm TEN13
Nigerian fintech startup ImaliPay has raised an undisclosed amount of pre-seed funding from Australian venture capital firm TEN13. ImaliPay, which…
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News
Kenyan-based digital bank Umba raises $2m seed funding to scale its product offerings
Kenyan-based digital bank for emerging markets Umba has raised a US$2 million seed funding round to help it expand product…
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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…
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BUSINESS
Fifth Africa Fintech Summit to be held Virtually Starting November 9th
Africa Fintech Summit (AFTS), the global initiative dedicated to the African fintech ecosystem, is hosted in Washington DC each April…
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Startups
Ecobank Fintech Challenge 2020 Winners Announced
Ecobank has announced the winners of its 2020 Ecobank Fintech Challenge. The winners were announced after an exciting virtual event…
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Startups
Here are the startup finalists of the 2020 Ecobank Fintech Challenge
Ecobank Group has announced the finalists of its 2020 Ecobank Fintech Challenge. The challenge, in its third edition, is designed…
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