Startup
Nigeria: Nigeria’s Bumpa, a “Shopify for Africa”, has grand plans post-funding
Nigerian startup Bumpa, a one-stop-shop for retail merchants in Africa, plans international growth after seeing impressive early uptake and banking pre-seed funding. Launched ...
Startup
Nigeria: Nigerian B2B startup AlphaCX is delivering customer support solutions for African markets
Customer Service remains a huge challenge in Nigeria, businesses, support agents and customers have a fair share of the troubles. Businesses purchase expensive ...
Startup
Uganda: Uganda asset financing startup Asaak raises $30M pre-series A
Uganda asset financing fintech startup Asaak secures $30 million in pre-series A equity and debt financing round. This round drew participation from new and existing ...
Startup
Ghana’s Float raises $17,000,000 seed to accelerate credit offerings for SMEs
Fintech startup, Float has raised $17,000,000 seed funding to strengthen its credit offerings for businesses and expand geographically. With reach across Ghana and ...
Startup
Nigeria: Nigeria startup SeamlessHR closes a $10M Serie A funding round
SeamlessHR has raised a $10 million Series A funding round led by TLcom Capital and drawing participation from Capria Ventures, follow-on investors Lateral Capital, Enza Capital, Ingressive Capital, and several ...
Nigeria
Nigeria: Kwik Delivery Reaches 100,000 Customers and Announces +400% GMV & Revenue Growth for 2021; Forecasts Aggressive Growth for 2022 Across All Verticals
Kwik is one of the few digital players able to propose access to end-to-end fulfillment and delivery services to its customers Kwik Delivery ...
Startup
Ivory Coast-based e-commerce startup Afrikrea raises $6.2m pre-Series A round, rebrands
Ivory Coast-based startup Afrikrea, the e-commerce platform for “all things made of Africa’”, has raised a US$6.2 million pre-Series A funding round and ...
Startup
Nigeria: Nigerian rewards startup ThankUCash raises $5.3m seed round for expansion
Nigerian multi-merchant rewards platform ThankUCash has raised US$5.3 million in seed funding as it plans expansion into new markets and further product launches. ...
Startup
Namibia B2B e-commerce startup JABU raises a $3.2M financing round
Several African e-commerce B2B companies received record investments in 2021. Nigeria TradeDepot completed a $110M Serie B, Sabi raised a $6M bridge round, Egypt’s Alerzo raised a $10.5M Serie ...
Startup
Fintech Revolut obtains MAS approval to offer commodities trading to users
FINTECH startup Revolut has obtained approval from the Monetary Authority of Singapore (MAS) to offer commodities trading to its customers. The fintech expects ...