Nigeria
E-Settlement acquires QuickCash for undisclosed amount
The deal will extend E-SL’s payment service offering, enabling the company attain its goal to expand its footprint across Africa Nigeria-based fintech group, ...
Africa
Chipper Cash doubles its valuation with extension round
Chipper Cash raises $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. Chipper Cash, an African ...
Nigeria
YC-backed Nigerian fintech Lemonade Finance raises $725k pre-seed funding round
The Y Combinator-backed Nigerian fintech startup Lemonade Finance has raised a US$725,000 pre-seed funding round to help it scale. A participant in Y Combinator’s ...
Kenya
Kenyan-based payroll startup, Workpay, expands to Nigeria
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and ...
Egypt
Egypt: ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt
African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. Summer batch ...
Egypt
Egypt B2B e-commerce startup Kuzlo closes pre-Seed round led by Nama Ventures
This B2B marketplace startup connects FMCG small retailers with wholesalers available in their area Kuzlo, a B2B marketplace based in Alexandria has raised ...
Egypt
Organon and Flat6Labs launch femtech Accelerator for Digital Healthcare startups in MENA
The program will help female-founded digital health startups across MENA build products, test market fit and improve business models Organon, a global healthcare ...
Africa
The Algerian Startup Financing Fund launches $7.2M fund
The fund has existed for a year raising $7.2 million targeted at the most innovative startups in the country. The Algerian Startup Financing ...
South Africa
South Africa-based fintech firm Stitch expands to Nigeria after raising $2m funding
South Africa-based application programming interface (API) fintech company, Stitch announced plans to expand to Nigeria after raising a $2 million seed extension. The ...
Global
Stripe to offer Klarna’s BNPL to merchants
Fintech giants Stripe and Klarna partner on ‘buy now, pay later’ as competition heats up Klarna is set to strengthen its position as ...