FinTech
Moniepoint Enters Diaspora Banking with MonieWorld, Targeting UK–Nigeria Remittance Market
Nigerian fintech giant Moniepoint has launched MonieWorld, a new platform aimed at the UK–Nigeria remittance corridor. This move signals Moniepoint’s...
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OPay Defies Global Fintech Slowdown, Grows to $2.75 Billion Valuation
Africa-focused fintech OPay has increased its valuation to $2.75 billion, according to new filings from its minority investor, Opera Limited....
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Nigeria Emerges Africa’s Web3 Powerhouse with $130M in Startup Funding and Regulatory Shifts
Nigeria has cemented its place as Africa’s most active web3 market, with over 80 startups raising a combined $130 million...
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Stitch Secures $55 Million to Expand Its Footprint in African Fintech
South African fintech firm Stitch has raised an additional $55 million to deepen its expansion efforts and strengthen its presence...
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Umba Secures $5 Million Debt Facility to Expand Loan Book in Kenya
Umba, a credit-led digital bank, has raised a $5 million debt facility from Star Strong Capital to accelerate its loan...
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Verdant Capital Expands Investment in LOLC Africa to $13.5 Million, Boosting MSME Financing Across the Continent
Verdant Capital has announced a fresh injection of $4.5 million into LOLC Africa Singapore Limited through its Verdant Capital Hybrid...
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PayTic Secures $4 Million to Boost Payment Automation and Expand Across Africa
Moroccan fintech startup PayTic has raised $4 million in fresh funding to enhance its payment automation technology and fuel its...
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Djamo Raises $17 Million to Deepen Financial Inclusion in Francophone Africa
Ivorian fintech startup Djamo has raised $17 million in a major funding round, setting a new record for startups in...
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Start-ups in Africa See Sharp Decline in Funding, With March Tally at $50 Million
Start-ups across Africa experienced a significant downturn in funding in March, securing just $50 million, the lowest monthly total since...
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Nigeria Mobility Start-up,Shuttlers Adds 20 CNG-Powered vehicles To its Fleet
Shuttlers, a Nigerian mobility startup, is driving change with the introduction of 20 Compressed Natural Gas (CNG)-powered buses to its...
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