Archive
6 Fintech Startups In Egypt To Watch In 2021
Key developments in the Egyptian startup ecosystem have led to a renewed appetite for growth in the space, and for its fintech startups in Egypt as well. Much of this activity is attributed to a slew of policy level shifts.
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Dashen Bank Joins Hands With Thunes to Enhance Cross-Border Payments to Ethiopia
Ethiopia-based Dashen Bank has partnered with Singapore-headquartered cross-border payments platform Thunes to increase the ease of sending international payments to Ethiopia. Dashen Bank will leverage Thunes’ network of payment partners, which operates across more than 100 countries, to offer instant
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Payments Firm Cellulant Secures License to Operate From the Bank of Tanzania
Tanzania-based Cellulant Corporation has received approval to operate as a Payment Solution Service Provider (PSSP) from the Bank of Tanzania. This would place Cellulant amongst the top five PSSP players offering digital payments solutions to be endorsed by the Bank
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Nigeria’s FairMoney Raises US$42 Million for Its Digital Banking Ambition
FairMoney, a Nigerian neobank with a credit-led model, announced that it had raised US$42 million in a Series B funding round. The round was led by Tiger Global Management and other existing investors in previous rounds such as Newfund, Speedinvest,
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UK’s Ghana International Bank Taps Backbase to Spur its Digital Strategy
Ghana International Bank (GHIB), a UK-headquartered pan-African bank, announced that it has partnered with engagement banking technology provider Backbase. The partnership will underpin the bank’s digital transformation, accelerate innovation and, by allowing GHIB to create tailor-made solutions, provide an enhanced,
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Ghanaian E-Wallet Zeepay Secures US$ 7.9 Million in Series A Funding
Ghanaian digital wallet Zeepay announced completion of a US$ 7.9 million Series A funding that is a hybrid of both equity and balance sheet funds to support its operations. The fundraise was led by I&P, an impact investing group with
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