Archive
Tanzanian Fintech Nala Raises $10M from Monzo and Robinhood Founders
NALA, Founded by Tanzanian, Benjamin Fernandes (Founder & CEO). Led alongside, Nicolas Esteves (CTO), and Nicolas Eddy (COO), raised $10m round backed by Amplo, Accel, and Bessemer Partners with participation from Angels such as Jonas the co-founder & CTO of
Read More
Momentum Continues in Nigeria’s Fintech Ecosystem
In 2021, the momentum in Nigeria’s fintech ecosystem continued, driven by a blooming local startup scene, significant growth amongst large, established players, and a dynamic funding landscape. Fintech was investors’ favored tech sector last year. They injected a whopping US$800
Read More
4 Emerging African Fintech Hubs to Watch Out For in 2022
Africa is home to a number of widely differentiated fintech centres. Some of these African fintech hubs, such as Nigeria or South Africa, have emerged as dominant destinations for fintech in the continent. Many others, however, remain small but interesting
Read More
Top Payment and Ecommerce Trends in Africa 2022
Although there is vast potential for ecommerce in Africa just by sheer market size, the ecommerce sector is currently concentrated in a handful of markets. According to an ITC report, a total of 78% of all online business in Africa
Read More