Browsing: African

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…

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…

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…

Movementan African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plans to…

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…

After defying it Global funding slows in 2022 VC investment in African startups fell significantly last year, mirroring the situation in other regions where capital flows…

Earlier this month, Kunda co-founder and CEO Babs Ogundeyi; he said users that the Nigerian online challenger bank had reached almost N₦56 trillion (~$60 billion) in…

Nigerian fintech Stealwhich focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, raised $1.5 million in…

GoMetroa South African technology company active in the fleet management space, has raised £9 million (~$11.4 million) in a Series A funding round led by Zenobē…

In Africa’s dynamic international trade landscape, one pervasive challenge looms large: Just 30% of transaction volume finds financial intermediaries in banks. This glaring funding gap disproportionately…