The development of Africa’s top fintech hubs is closely connected with how robust its regulatory landscape is, a new report…
Month: September 2021
Yo-Uganda Limited (“Yo!”), a 16-year-old leading financial technology solutions provider based in Kampala, Uganda, has announced a new grant partnership…
Three Egyptian banks will be launching an Egypt fintech fund of EGP 1 billion (US$63.6 million) to support fintech companies…
Cryptocurrency exchange Yellow Card, which has a pan-African presence, has secured US$15 million in a Series A round. This is…
In last week’s MEA fintech news, it’s all eyes on crypto trading in the UAE – approvals for crypto trading…
Nigeria-based energy distribution and collection fintech startup Infibranches Technologies has secured US$2 million in a funding round raised from All…
Egypt-focused B2B2C payments platform dopay has secured US$18 million in a Series A funding round, the company announced in a…
Global cross-border payments company Thunes has announced a partnership with M-Pesa Tanzania to launch a new service corridor, a statement…
In last week’s MEA fintech news, we saw US-Israeli fintech startup Melio raise a quarter billion dollars at a hefty…
Kashat, an Egyptian micro loan solutions provider, has raised US$1.75 million in a new bridge funding round, Magnitt reported. The…
Funding rounds made a splash in Africa fintech news last week. African fintech startups Wave, Pezesha and Prospa all raised…
Central bank digital currencies, or CBDCs, are not a new concept to Africa. Multiple CBDC projects in Africa currently exist,…
SME banking fintech Prospa has raised US$3.8 million in the largest pre-seed round to have been raised by a Nigerian…
Egyptian financial and logistics super app MNT-Halan has secured US$120 million from private equity and venture capital investors, the company…
Kenyan fintech startup Pezesha has secured a seven-figure seed extension round led by GreenHouse Capital (GHC). The round also included…
U.S. and Senegal-based mobile money provider Wave has raised a substantial US$200 million in a Series A fundraise, TechCrunch reported.…
In last week’s Africa fintech news, Australian BNPL firm Zip broadened its global expansion plans with the acquisition of South…