South Africa
South Africa: South African Startup, SmartWage, raises $2 million in seed funding round
SmartWage, a South African innovative HR and communications technology startup, announced that it has raised $2 million in an oversubscribed seed funding round. ...
News
Nigeria: CBN slams ₦800 million fines on banks for flouting cryptocurrency order
The Central Bank of Nigeria (CBN) has fined three banks for failing to comply with the directive to block customers from transacting in ...
Africa
Africa: Visa unveils first innovation hub in Africa to drive product development
Global digital payments giant Visa has opened an innovation studio in Kenya, its first in Africa and sixth globally, after posts in Dubai, ...
Nigeria
Nigeria: Nigerian lending app Sycamore closes seed round to expand operations
Nigerian peer-to-peer (P2P) lending startup Sycamore has closed an undisclosed seed funding round as it looks to expand its operations. Founded in 2019 ...
Egypt
Egypt: Egyptian fintech startup PayMint secures 7-figure seed round
Egyptian fintech startup PayMint has secured a seven-figure US dollar seed investment to support its expansion plans in its home market. Launched in ...
Nigeria
Nigeria: Nigerian ed-tech startup Klas raises $130k angel funding round
Nigerian ed-tech startup Klas, which allows anyone to set up an online school and deliver live classes, has raised a US$130,000 angel funding ...
Innovation
Nigeria: Ziroopay Raises $11.4M, Provides POS Solutions For Retailers In Nigeria
Developer of mobile POS payment systems designed to facilitate mobile payments, Ziroopay has raised $11.4 million to scale its mobile POS solutions for ...
News
Rwanda: Bank of Kigali Named Best Bank in Rwanda
Bank of Kigali has been recognised as the best bank in Rwanda for the second consecutive year by Global Finance, an international magazine ...
Egypt
Egypt: Egyptian e-grocery marketplace ON Market raises $215k pre-seed funding
Egyptian e-grocery marketplace ON Market has raised US$215,000 in pre-seed funding to further expand its operations in Cairo, Alexandria, Tanta, Mansoura, and multiple ...
News
Nigeria: FCCPC to proceed with criminal prosecution of online money lenders
The Federal Competition and Consumer Protection Commission (FCCPC) has announced that due to the ongoing investigation of unregistered loan apps and harassment of ...