Startup
Nigerian fintech API startup Mono raises $2 million to power the internet economy in Africa
Nigerian fintech API startup, Mono, has closed $2 million in seed investment to power the internet economy in Africa. The investors in this ...
Startup
Flat6Labs makes a successful second close raising its Egypt fund to $13 million
Flat6Labs, the Cairo-based Seed accelerator fund has raised $13 million at the second close for its Egyptian fund up from the initial $3 ...
Startup
Egyptian fintech Telda raises $5 million in a pre-seed led by Sequoia
Telda, an Egyptian digital banking startup for Gen Z has raised $5 million in the region’s largest pre-seed led by Sequoia Capital, with ...
Startup
SA ed-tech startup iXperience raises $2.5m Series A funding round
South African ed-tech startup iXperience has secured a US$2.5 million Series A funding round to build out its product and scale internationally. Founded ...
Startup
Over 150 Nigerian fintech startups reportedly generate annual revenues of over $5 million
From a survey of about 290 startups conducted by Ernst & Young in collaboration with FinTech Association of Nigeria (FintechNGR), 57% of fintech ...
Startup
African Exchange, Quidax Processes Over $3.2 Billion in Transactions, Announces Global Expansion
Cryptocurrency exchange, Quidax on 10th May officially shared plans to expand beyond Africa to the global market. They also announced the launch of ...
Startup
Five months old startup Flextock bags $3.25 million in pre-seed round
One of the recent graduates of the recent Y Combinator winter batch, flextock, has closed an impressive $3.25 million pre-seed investment. Flextock was ...
Startup
KoinWa launches P2P app as remedy for Nigerians to trade bitcoins
The report titled “The state of crypto in Africa” recognizes the Continent as one of the top players in cryptocurrency around the globe. ...
Startup
Saudi’s Sary raises $30.5 million Series B for its B2B ecommerce marketplace, hits $500 million in annualized GMV
Saudi B2B ecommerce marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq, it announced today. The round was ...
Startup
Gozem launches ride-hailing service in Gabon in first expansion into Central Africa
Gozem has launched an app that offers logistics, transportation, e-commerce, and other financial services across mostly francophone African countries. Gozem was founded in ...