Browsing: Africa
Ghanaian affinity bags of Ghana Fintech to escalate digital banking in a mobile market
The top -of -the -line platforms in Africa usually come from high increases, crowded markets such as Nigeria, South Africa and Egypt. But Affinity AfricaA start…
Egypt’s Khazna Banks is $ 16 million for its financial application and extension to Saudi Arabia
Much of the population of Egypt does not have access to traditional banking, forcing many to rely on cash transactions and unofficial lending. Khazna, a FinTech…
This FinTech has a solution for the biggest cross -border payment issues in Francophone Africa
Until a few years ago, it was difficult to make payments to the border almost anywhere in the world. But it is still a big problem…
Mobility backed by Uber Fintech Moove acquires Brazil’s Kovi, gets ARR at $ 275 million
Uber backed by Moove, a mobility born in Africa, which offers vehicles funding for applications and delivery to six continents, has acquired Kovi’s urban mobility provider,…
The younger generation of newly formed businesses aimed at resolving cross-border payments focus on Stablecoins encryption-often associated with real coins or other goods to help them…
How African VC firm Oui Capital returned its first capital with Moniepoint’s unicorn exit
At a recent investor meeting, African early stage investor Oui Capital informed the limited partners that it had returned the initial capital of $4 million after…
Fast-growing South African business FARO raises $6 million to source, refurbish and sell surplus clothing
Global fashion brands they’re fighting billions of dollars” value of unsold inventory. Primarily, these brands avoid reselling in key markets such as the UK and the…
This hidden African stablecoin startup has already processed over $1 billion in cross-border payments
Juicywayan African fintech leveraging stablecoin technology to power fast and cheap cross-border payments is starting from scratch after processing over $1 billion in transaction volume for…
For many emerging market economies, remittances have become a lifeline. Inflows topped $669 billion in 2023, according to World Bank Researchand now account for significant portions…
Paris-based VC Breega closes first $75 million fund in Africa to support start-ups and startups
Paris-based VC firm Brega has seen Africa’s tech ecosystem mature over the years. From receiving less than a billion dollars in venture capital annually to a…