Rwanda
Rwandan Startup Wins Rwf150 Million in a Global Tech Competition
Local startup, Kitech, has scooped an international accolade through a competition by Global Startup Ecosystem, which supports corporate innovations and helps tech companies ...
Africa
PayQin raises seed round to drive payments across West Africa
PayQin, a cross-border payment startup that operates a comprehensive e-wallet service for the underbanked in West Africa, is announcing a new €300K seed ...
Africa
Union54 becomes first Zambian fintech accepted into Y Combinator
Twice a year, a list of startups are admitted into Y Combinator’s cohort, receiving training, seed funds and all that’s needed to scale. ...
South Africa
Revio, a South African-based fintech startup, receives $1m in seed round
South Africa’s fintech startup, Revio that leverages digital technology to manage payments and subscription billings for various companies has received a $1 million ...
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 ...