Nigeria
Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa
Umba, a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including Lachy
Interswitch CEO Mitchell Elegbe to discuss African fintech at TechCrunch Disrupt
The CEO of Pan-African fintech unicorn, Mitchell Elegbe, is set to speak at TechCrunch Disrupt 2020 on September 16. He founded the company in Lagos
Mulberry, the warranty service for direct to consumer brands, approaches $10 million ARR
In the two years since Chinedu Eleanya founded Mulberry to be the warranty service for direct-to-consumer brands, business has boomed. Already riding a shakeup in
TradeDepot adds $10 million to add financial services to its supply chain services for African SMBs
Nigeria’s e-commerce startup TradeDepot, which connects international brands to small businesses in Africa, has raised $10 million in a new round of funding to expand
Could developing renewable energy micro-grids make Energicity Africa’s utility of the future?
When Nicole Poindexter left the energy efficiency focused startup, Opower a few months after the company’s public offering, she wasn’t sure what would come next.
African payment startup Chipper Cash raises $13.8M Series A
African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff
Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm
New York-based fintech startup Wahed (meaning “One” in Arabic) describes itself as a digital Islamic investment platform and as the world’s first “halal robo adviser.”
Visa’s Africa strategy banks on startup partnerships
Visa has prioritized growth in Africa, and partnering with startups is central to its strategy. This became obvious in 2019 after the global financial services
Did African startups raise $496M, $1B or $2B in 2019?
Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which
Did African startups raise $496M, $1B or $2B in 2019?
Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which
