Egypt
Egypt’s Balad Secures Funding for Digital Remittance Platform Launch and Expansion
Balad, a Cairo-based fintech startup focused on remittances, has received a pre-seed investment of seven figures in USD led by Acasia Ventures, an ...
Africa
Africa: Funding for African Tech Startups Declined in Q1 2023
African tech startups recorded a decline in funding in the First Quarter (Q1) of 2023, compared to 2022, due to the recent economic ...
Nigeria
Nigerian fintech startup, Nomba, raises $30 million in Pre-Series B funding
Fintech startup, Nomba, has raised a $30 million Pre-Series B funding round to support the delivery of bespoke payment solutions for African businesses. ...
Nigeria
Nigerian fintech startup Storspay raises $320k, selected for Techstars NYC
lending infrastructure platform for the internet, connecting retail investors seeking alternative asset investment opportunities with small businesses globally needing more affordable capital to ...
Africa
Africa: Launch Africa has already invested more than $31 million in start-ups in 22 African countries since 2020
Over the past five years, financial support for African tech start-ups has increased. Trust in local innovators continues to grow and attract investors ...
Startup
Senegal: Chargel raises $2.5 million to accelerate growth in Francophone Africa
Chargel, a Senegalese logistics start-up that connects truckers and shippers, announced on Thursday, April 20, the success of a $2.5 million funding round. ...
Africa
African startups invited to apply for Stanford Seed programme
African startups are invited to apply for the Stanford Seed Transformation Programme, which aims to help established businesses further scale. The Seed Transformation Programme is ...
Nigeria
Nigeria: proptech HouseAfrica raises $400,000 to grow its team
Nigerian proptech HouseAfrica has announced the successful completion of a $400,000 funding round. The operation was led by investors such as Future Africa, ...
Nigeria
Nigeria: Kredete Launches AI-Powered Lending Platform to Deepen Credit Access for Nigerians
Nigerian fintech startup, Kredete, has officially launched its lending platform to deepen accessibility to formal credit, financial education, and innovative financial solutions. The ...
South Africa
South Africa: South Africa’s Second Largest Online Payment Gateway, Peach Payments, Secures $31 Million in Series A Funding
Peach Payments, a fintech startup from South Africa, has secured $31 million in Series A funding led by Apis Partners, with the aim ...