TeamApt, a Nigerian startup that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A round, led by Quantum Capital Partners. The Lagos-based company is a leader in the development of Digital Banking, Digital Business solutions and running Payment Infrastructure for Africa. The new funding will see the company scale […]
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Andela has today announced the completion of a $100M Series D funding led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding to $180M. Andela was founded in 2014 to connect Africa’s engineering talent with […]
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Mines, a Nigerian fintech startup re-inventing credit in emerging markets secured $13M funding. The Series A round was led by The Rise Fund, a global fund managed by TPG Growth. The startup says it plans to use its investment for talent acquisition, continued growth in Africa, and expansion to South America and South-East Asia. Mines […]
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Mobile loans company Branch International has raised Sh350m to expand its loan product offerings in Kenya. The commercial paper issuance was arranged by Centum-owned capital-raising advisory firm, Barium Capital, marking the second time the San Francisco headquartered technology company has issued commercial paper in the Kenyan market. In 2017, Branch raised Sh200 million through a […]
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Kenyan SaaS Mobile Consumer Feedback Company mSurvey has announced a Series A round of USD$3.5m, led by Africa focused venture firm TLcom Capital with investment from Social Capital, Kapor Capital, Golden Palm, and Richard Owen; founding team of Net Promoter Score (NPS). The funding, announced today follows Seed Investment rounds from Cross Culture Ventures, Alpha […]
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