News
Rwanda: Bank of Kigali Named Best Bank in Rwanda
Global Finance has named Bank of Kigali as the best bank in Rwanda in 2021. The announcement was made during the 28th annual ...
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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
News
Nigerian Fintech startup, Blueloop, gets YC backing as it plans global expansion
Nigerian fintech startup, Blueloop, has been accepted into the Winter 2021 batch of US-based accelerator, Y Combinator. The startup will be joining 10 ...