Browsing: Africa
Deel is on an acquisition spree. On Tuesday, the HR startup announced that it is acquiring the African HR software and services company PaySpace in a…
The payments landscape in the Middle East and Africa (MEA) region is characterized by significant fragmentation, with multiple providers and payment methods in each country, evolving…
Bfree, a Nigerian startup that enables lenders to recover debt ethically, receives $3 million in backing
Bfreea tech-enabled debt collection startup based in Nigeria, founded to automate and introduce ethical debt recovery processes after its founders saw the use and negative effects…
Some cryptocurrency exchanges in Nigeria have faced accessibility issues for users, prompting speculation of restrictions being imposed on crypto sites, Financial Times mentionted. On Wednesday, the…
Nigerian digital bank FairMoney is in talks to buy Umba in a deal worth a total of $20m, sources say
FairMoneya Lagos-based, Paris-based digital bank, is in acquisition talks Oopsa credit digital bank that provides payroll and financial services to customers in Nigeria and Kenya, in…
Partech closed its second fund for Africa, Partech Africa II, at €280M ($300M+), just one year after the first closed. At this size, Partech Africawhich was…
Klaus – an Estonian-born startup that emerged in 2019 to help customer service agents – has been acquired by global customer service platform Zendesk for an…
Kenya’s Ilara Health receives $4.2 million in support to expand clinic support services
Ilara Healtha Kenya-based health tech that enables private clinics to access diagnostic devices and pharmaceuticals, has secured $4.2 million in debt capital in a pre-Series A…
Google today announced that its cloud region in South Africa is operational, a year after the tech giant chose Johannesburg as its first site in Africa.…
It was alone just over a year ago that McKinsey described Africa’s fintech landscape as a “hotbed for investment”. Fast forward to today, and startups on…