Startup
Startup: Paxful, A Peer To Peer Bitcoin Platform In Africa, Is Shutting Down
Paxful, one of the most popular peer-to-peer Bitcoin platforms in Africa, has announced that it is shutting down its business after eight years ...
Egypt
Egypt: Camel Ventures announces the opening of a $16 million fund for Egyptian fintech startups
Camel Ventures, based in Egypt, has revealed the launch of Camel Ventures for Investment I, its first venture capital investment vehicle. (CVI). The EGP 500 ...
Africa
Africa: Payday Raises $3 Million for ‘Future of Work’ in Africa
African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29, 2023), will help the company ...
Nigeria
Nigeria: UK-Nigeria Tech Hub and Google allocate $3 million to women founders of technology companies
Investments in the African technological space have recently increased. However, start-ups owned by founders were only able to obtain a tiny fraction of ...
Startup
Klarna taps ChatGPT for shopping recommendations
Klarna has built a plugin for ChatGPT that will tap the AI-powered bot to provide shoppers with personalised product recommendations. To use the ...
Africa
Africa: Verod-Kepple Africa Ventures announces $43m venture fund for pan-African startups
Partners of Verod-Kepple Africa Ventures: Satoshi Shinada, Ory Okolloh, and Ryosuke Yamawaki | Image credits: TechCabal Verod-Kepple Africa Ventures (VKAV) has announced the ...
Global
Global: Digital Banking Startup Credable Raises $2.5M to Expand into Nigeria and Pakistan
Credable, a digital banking startup announced that it has raised $2.5 million in a funding round led by Pan-African early-stage VC firm Ventures Platform. ...
Startup
TTV Capital raises $250 million for early-stage fintech fund
Atlanta-based TTV Capital, an early-stage fintech venture capital firm, has closed its sixth fund at $250 million, the largest since the firm was ...
Global
Global: Monnai raises $6.5m to help fintechs use consumer data
Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger ...
Niger
Niger: Mohamed Bazoum, the President of Niger, calls on the United Nations to invest more on start-ups in Africa
In Africa, access to financing is a major obstacle for start-ups. To remedy this, governments are turning to international organizations to benefit from ...