Startup
Fintech Startup That Raised $100 Million From Investors Bessemer And Coatue Is Abruptly Shutting Down
By the end of last year, software startup ScaleFactor had emerged as a buzzy financial services company, raising $100 million in 12 months ...
Startup
Zambian fintech startup receives $1-million investment
Lupiya, a Zambian based microfinance startup has received an investment of $1-million from Enygma Ventures, a US venture capital (VC) fund. Founded in 2015, ...
Startup
South African fintech startup Franc has raised US$300,000 in funding over the first half of 2020 as part of a wider round of seed investment.
Launched in May 2018 by Sebastian Patel and Thomas Brennan, Franc is an investment robo-advisor that helps people who have never invested before access the ...
Startup
Nigerian startup launches escrow payments platform for online shopping
Nigerian startup IderaOS has launched ListBuy, an e-commerce software platform with escrow payment technology to protect online buyers and sellers from fraud. Rolled ...
Startup
Payfazz closes $53m in series B round
Payfazz a startup that provides financial and payment services through agents, just raised US$53 million in series B funding. The round was led ...
Startup
Meet the MEST Africa Challenge national winners, so far
Startups from Ethiopia, Kenya, Ivory Coast, Rwanda and Ghana have been named country winners of the MEST Africa Challenge, earning their places in ...
Startup
Carbon reveals the appeal of fintech transparency in second profitable year, with $17million in revenue
In an audited report published this week, Carbon, the Nigerian fintech company, declared that it made the naira equivalent of $312,905 in profit ...
Startup
Edtech startups gather 20% of overall VC investments in H1 2020
Despite the majority of businesses facing tough times due to the Covid-19 pandemic, edtech startups have witnessed extraordinary growth and emerged as a ...
Startup
Grab’s CTO for its core tech and transport business steps down
Mark Porter, Grab‘s chief technology officer for its core technologies and transport business, has stepped down from the role. In an emailed statement to Tech ...
Startup
Nigerian fintech startup Wallets Africa secures undisclosed funding round
Nigerian fintech startup Wallets Africa has secured an undisclosed amount of funding from a host of investors as it prepares to expand usage ...
