Startup
Nigeria: Nigerian rewards startup ThankUCash raises $5.3m seed round for expansion
Nigerian multi-merchant rewards platform ThankUCash has raised US$5.3 million in seed funding as it plans expansion into new markets and further product launches. ...
Startup
Namibia B2B e-commerce startup JABU raises a $3.2M financing round
Several African e-commerce B2B companies received record investments in 2021. Nigeria TradeDepot completed a $110M Serie B, Sabi raised a $6M bridge round, Egypt’s Alerzo raised a $10.5M Serie ...
Startup
Fintech Revolut obtains MAS approval to offer commodities trading to users
FINTECH startup Revolut has obtained approval from the Monetary Authority of Singapore (MAS) to offer commodities trading to its customers. The fintech expects ...
Startup
SA-based HealthLeap raises $1.1m pre-seed to build clinical AI assistant to fight malnutrition
Dietitian-focused healthcare startup, HealthLeap, has closed a $1,100,000 pre-seed round led by deep tech investor, Fifty Years. HealthLeap will utilise the pre-seed capital ...
Startup
World Bank, CTA announce winners of Global Women’s HealthTech Awards
The World Bank Group and the Consumer Technology Association (CTA) have announced the winners of The Global Women’s HealthTech Awards, recognising innovative startups that leverage ...
Startup
Kenyan fintech startup Paylend raises $2m seed funding
Kenyan fintech startup Paylend has raised US$2 million in seed funding to expand operations at home and launch in Tanzania, Zambia and Nigeria. ...
Africa
AfDB approves €10.5m in tech start-up fund across sub-Saharan Africa
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5 million toward the first close ...
Nigeria
Nigerian edtech startup, Teesas raises $1.6 million in a pre-seed funding round
Nigerian edtech startup, Teesas launched less than two months ago has raised $1.6 million in a pre-seed funding round. The round was led ...
Africa
Africa: Egyptian, Zimbabwean blockchain startups invited to apply for incubation programme
Blockchain startups from Egypt and Zimbabwe have been invited to apply for the Africa Blockchain Incubation Programme, aimed at encouraging creativity and ideas ...
Global
Global: Aware acquires Fortress Identity and expands eKYC capabilities
Risk management company Aware has announced it acquired Fortress Identity to expand its offering around identity proofing, onboarding, verification, and authentication. Representatives from Aware stated that the ...
