Africa
Africa: Madica Injects $800,000 into Four African Startups to Drive Innovation and Growth
Madica, a pre-seed investment program dedicated to African startups, has announced an $800,000 investment in four promising ventures across the continent. Each startup ...
Fintech
Nigeria: Raenest Raises $11M Series A to Expand Beyond Africa; Affinity Africa Secures $8M to Scale Operations
Nigerian fintech startup Raenest has secured $11 million in Series A funding, with QED Investors leading the round alongside Norrsken22, Ventures Platform, ...
Fintech
Ghana: Affinity Africa Raises $8M to Transform Digital Banking in Ghana
Ghanaian fintech startup Affinity Africa has secured $8 million in seed funding to expand its reach and redefine banking for underserved communities. The ...
Africa
African Startups Secure $289M in January 2025, Signaling Strong Investor Confidence
The African startup ecosystem kicked off 2025 on a high note, with 40 startups raising a total of $289 million in deals worth ...
Fintech
Nigeria: The Rise of cNGN: Opportunities and Challenges for Nigeria’s Stablecoin
The launch of cNGN, Nigeria’s newest stablecoin, marks a significant step toward integrating blockchain technology with the country’s financial ecosystem. As of February ...
Fintech
Global: Datox AI Secures Pre-Seed Investment to Advance RegTech Innovation
UK-based RegTech startup Datox AI, a university spinout dedicated to transforming regulatory compliance, has successfully secured pre-seed funding to accelerate its mission of ...
Fintech
Nigeria: GTBank Eliminates POS Processing Fees to Empower Businesses
Guaranty Trust Bank Ltd. (GTBank) has announced the removal of processing fees on all GTBank Point of Sale (POS) terminals, reinforcing its commitment ...
Africa
Africa: P1 Ventures Secures $50M Fund to Propel Africa’s Innovation Boom
P1 Ventures, a prominent Pan-African early-stage venture capital firm, has successfully closed its first institutional fund at $50 million. The fund has garnered ...
Fintech
Global: FCA Cracks Down on Misleading Financial Promotions, Nearly Doubling Enforcement Actions
The UK’s Financial Conduct Authority (FCA) took decisive action against nearly 20,000 misleading financial promotions in 2024, almost double the number recorded in ...
Fintech
Global: Cedar Money Raises $9.9 Million in Seed Funding to Transform Global Business Payments
Cedar Money, a fintech innovator specializing in cross-border transactions through stablecoins, has secured $9.9 million in a seed funding round. The round was ...