Global
HSBC Asset Management creates specialist fintech investment arm
The asset manmagement arm of HSBC has launched a new venture capital investment strategy aimed at giving clients expopsure to companies that will ...
Nigeria
Nigerian SME lending platform, Payhippo, enters Y Combinator’s Summer 2021 batch
Nigeria-based lending and business financing platform, Payhippo, has been accepted into Y Combinator’s Summer 2021 cohort, joining 167 startups, four of which are African. ...
Kenya
Kenya’s Wapi Pay secures $2.2m pre-seed round to ease payments between Africa and Asia
Kenyan fintech startup, Wapi Pay, has raised a $2.2 million pre-seed fund to facilitate financial transactions between the African and Asian continents. Investors that ...
Africa
Bolt raises €600m from Sequoia, others to continue building first-ever super-app
Bolt, the leading ride-hailing and mobility platform, has raised €600 million in a funding round that increases its valuation to over €4 billion. ...
Global
Baraka raises $4 million seed, launches investment app to connect retail investors in Middle East with US markets
Dubai-based fintech Baraka has raised $4 million in a seed round from Global Founders Capital, FJ Labs, Raptor Group, Tribe Capital, Nuwa Capital, ...
Africa
Kuda, the African challenger bank, raises $55M at a $500M valuation
Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of ...
Global
Square to acquire Australian fintech Afterpay in $29B deal
Jack Dorsey’s digital payments firm Square is expanding competition with global payments giants like PayPal by acquiring a major Australian lending company. Square announced Sunday ...
Africa
Apply Now: $20,000 for African Blockchain Financial Solutions
Access to financial services will play a critical role in economic growth and poverty reduction for the 1.2 billion people live on the African ...
Egypt
Sawari Ventures invests $3.6M in Egypt grocery delivery platform GoodsMart
GoodsMart, a grocery delivery platform in Egypt has raised $3.6 million led by Sawari Ventures. The funds will be channeled towards market expansion. ...
Kenya
Kenya: KOSA.ai receives pre-seed round investment from EchoVC
EchoVC proudly announces a pre-seed investment into KOSA.ai – an AI-driven Kenya startup running an automated responsible platform that supports enterprises in building and deploying ...