News

Fintech startup, Afriex raises $1.2m seed round as it expands across Africa

Y Combinator-backed fintech startup, Afriex, a platform that provides instant, zero-fee transfers to Africans at home and in the diaspora has raised $1.2 ...

By Regtech AfricaMarch 24, 20210

Egypt

Central Bank of Egypt offers EGP19 billion worth of treasury bills

The Central Bank of Egypt has issued treasury bills worth EGP19 billion ($1.21 billion) on behalf of the Finance Ministry. Governments resort to ...

By Regtech AfricaMarch 24, 20210

News

Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

Buying and selling residential real estate is a complex business, no matter where you live. A slew of startups in the United States ...

By Regtech AfricaMarch 24, 20210

Africa

Ghana’s Redbird raises $1.5M seed to expand access to rapid medical testing in sub-Saharan Africa

For patients and healthcare professionals to properly track and manage illnesses, especially chronic ones, healthcare needs to be decentralized. It also needs to ...

By Regtech AfricaMarch 24, 20210

Regulatory

CBN MPC meeting: Banking regulator retains lending rate

The Central Bank of Nigeria (CBN) on March 23, 2021 retained the lending policy rate at 11.5 percent, saying the decision was made ...

By Regtech AfricaMarch 24, 20210

News

ClearBank: Third of fintechs face regulatory scrutiny due to agency banking partners

Based on an independent survey of 100 fintechs across the Netherlands, Lithuania, Sweden, Switzerland, and the UK, a report by ClearBank reveals a ...

By Regtech AfricaMarch 24, 20210

News

Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia

According to the World Bank, more than one billion people in South and East Asia lack access to a bank account. For many, ...

By Regtech AfricaMarch 24, 20210

News

Meet the 10 African startups pitching at Y Combinator’s W21 batch demo day

Ten African tech startups that took part in the Y Combinator Winter ‘21 batch will today pitch to an audience of investors and ...

By Regtech AfricaMarch 24, 20210

Africa

Platforms helping African creators monetize their skills

In 2012, Ife Kohossi had just graduated from university and was finding it difficult to get a job as a nutritionist in the ...

By Regtech AfricaMarch 23, 20210

News

Jumia is raising another $400 million just months after a $243 million share sale

Africa-focused e-commerce company, Jumia, is selling 9 million American depositary shares (ADS) in a move to raise more cash. With its stock trading ...

By Regtech AfricaMarch 23, 20210

Fintech startup, Afriex raises $1.2m seed round as it expands across Africa

Central Bank of Egypt offers EGP19 billion worth of treasury bills

Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

Ghana’s Redbird raises $1.5M seed to expand access to rapid medical testing in sub-Saharan Africa

CBN MPC meeting: Banking regulator retains lending rate

ClearBank: Third of fintechs face regulatory scrutiny due to agency banking partners

Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia

Meet the 10 African startups pitching at Y Combinator’s W21 batch demo day

Platforms helping African creators monetize their skills

Jumia is raising another $400 million just months after a $243 million share sale

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