Regulatory
Nova2Pay Secures Third Successive Hong Kong MSO License
HONG KONG (May 13, 2022)—NOVA2PAY, an innovative fintech solution provider focusing on cross-border consumption and entertainment-based digital payment technology, has announced it has ...
Global
Global: UK neobank Kroo raises £26 million in Series B funding
London-based neobank Kroo has raised £26 million ($33 million) in a Series B funding round, despite the pace of fintech funding slowing down ...
Nigeria
Nigeria: DriveMe Raises Undisclosed Amount of Funding to Scale Product Development
Nigerian mobility tech company, DriveMe, has raised pre-seed funding round. Investors in the round included Niche Capital, FM Capital, and a few local ...
Kenya
Kenya: Korean firm to implement Nairobi smart transport system
The Kenya Urban Roads Authority (KURA) has partnered Korean consortium Cheil Engineering Company Limited for the design and rollout of the Sh6.5 billion ...
Global
Global: No-code VideoTech Platform, Revidd.com, raises USD 1.1 MM from Inovnis SA and CIIE.CO
The company is a No-Code SaaS platform which enables anyone with video content to launch their own customizable video streaming product or digital ...
Africa
Fintech startup Grey expands into East Africa
Remittances company Grey, has announced its expansion into East Africa in partnership with payments firm Cellulant, as they move to address the difficulties of ...
Nigeria
Nigeria: FG approves tax reliefs, other incentives for Startups
The Federal Executive Council has approved a plan to incentivise and further harness Nigeria’s digital innovation and entrepreneurship ecosystem. This followed the presentation ...
Kenya
Kenyan retail-tech startup Bamba raises $3.2m seed round
Kenya’s Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured US$3.2m in seed funding to scale its app and build out ...
Egypt
Egypt: Egyptian startup Doxx raises $1.5M in seed round
The Egyptian start-Up Doxx raised $1.5 million in seed round, with expansions to close the cycle of patients’ needs, while continuing to be ...
Startup
Autochek acquires Morocco’s KIFAL Auto
Autochek, the automotive technology firm making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, Morocco’s leading automotive ...