B2B ecommerce and embedded finance platform TradeDepot has raised US$110 million in a Series B equity and debt…
Nigeria
Specialist development agency Financial Sector Deepening (FSD) Africa is set to be launching its insurtech accelerator program in…
African fintech hubs have grown rapidly in the past few years, leading to pockets of fintech development across…
Fintech companies in Nigeria are at the forefront of Africa’s fintech revolution, and many of them have turned…
Nigeria-based SME lending startup Payhippo has secured US$3 million in a seed funding round, according to a statement…
In the context of digital banks in Africa, two challenger banks have clearly made their mark. One of…
Nigeria officially rolled out its central bank digital currency (CBDC), the eNaira, on October 25. This makes it…
MSME lending startup Asante Financial Services Group announced that it has raised US$7.5 million in the first tranche…
Africa is seeing a rush of funding for its fintech sector, and some companies have already emerged as…
Lagos-headquartered open banking startup Mono has raised US$15 million in a Series A. The round was led by…
Verto, a Nigeria-based B2B payments startup, has raised US$10 million in a Series A round of funding according…
Nigeria-based energy distribution and collection fintech startup Infibranches Technologies has secured US$2 million in a funding round raised…
Central bank digital currencies, or CBDCs, are not a new concept to Africa. Multiple CBDC projects in Africa…
SME banking fintech Prospa has raised US$3.8 million in the largest pre-seed round to have been raised by…
Nigerian mobile payments platform OPay has raised US$400 million in funding from SoftBank, Bloomberg reported. The investment was…
Last week was a big one for Africa fintech news, especially in Nigeria. The country’s fintech sector made…
Nigeria-based CapitalSage Technology has raised NGN 2.2 billion, or U$4 million, in debt funding, the company announced. The…
Nigeria-headquartered mobility fintech startup Moove has raised a Series A round of US$23 million, according to a statement.…
FairMoney, a Nigerian neobank with a credit-led model, announced that it had raised US$42 million in a Series…
Ireland’s digital banking platform provider, Layer has announced that it is partnering with United Bank for Africa (UBA)…