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…
London-based payments company pawaPay, which focuses on the Africa market, has raised US$9 million in a seed round, according to…
In the biggest headline of Africa fintech news last week, Nigerian mobile payments platform OPay raised a staggering US$400 million…
Ethiopian challenger bank Hijra Bank has has awarded a core banking deal to Islamic banking provider Path Solutions, according to a…
Nigerian mobile payments platform OPay has raised US$400 million in funding from SoftBank, Bloomberg reported. The investment was made from…
GreenHouse Lab has inducted eight African fintech companies into the 2021 GHL Fintech Accelerator program. GreenHouse Lab (GHL) is the…
Last week was a big one for Africa fintech news, especially in Nigeria. The country’s fintech sector made it to…
Africa-focused fintech Pngme has secured US$15 million in Series A round of funding, the San Francisco- and Sub-Saharan Africa-based company…
After its first stop of The Search – Africa, the global startup roadshow by the Abu Dhabi Global Market (ADGM)…
Nigeria-based CapitalSage Technology has raised NGN 2.2 billion, or U$4 million, in debt funding, the company announced. The financing was…
Payments fintech dopay has secured a banking agent licence from Bank ABC Egypt for a virtual banking platform, a statement…
Nigeria-headquartered mobility fintech startup Moove has raised a Series A round of US$23 million, according to a statement. Speedinvest and…