Algeria
Paris Saint-Germain and Algerian Super-App Yassir Sign Global Partnership
Football club Paris Saint-Germain and Yassir, the Super-App offering on-demand and payment services in North Africa announced the signing of a global partnership for three seasons with the aim of further developing the Yassir brand on the international stage. The
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African Fintech Sector Attracts More Funding
The African fintech sector is gaining interest from global investors. Recently, Algerian super app Yassir announced that it had raised US$150 million in Series B funding – making it North Africa’s most significant funding to date. Participating investors led by
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Algerian Super App Yassir Raises $150 Million in Series B Funding
Yassir, a multi-sided marketplace offering on-demand services such as ride hailing, food and grocery delivery and banking, announced that it has raised $150 million in Series B funding from a series of prominent global investors. The investment was led by
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Fintech Development in Algeria Lags Behind MENA Counterparts
Despite strong mobile phone penetration and high mobile broadband connectivity, fintech development in Algeria is still underwhelming compared to other nations in the Middle East and North Africa (MENA) region, experts say. According to World Bank experts, only 16% of
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