Kenyan fintech startup, Paylend, announced Tuesday that it has secured $2 million seed investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain applications, consultancy services
Kenyan fintech startup, IMFact, has announced it secured $3.9m from FSD Africa Investments (FSDAi), the investment arm of FSD Africa.
IMFact is a non-deposit taking financial institution founded in
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt.
The
Cairo-based AI-based customer experience platform AIM Technologies has raised an undisclosed amount in a Seed round, led by Sequence Ventures, a newly-launched Egyptian VC.
Sequence Ventures plans to raise $31.
Ugandan super app and mobility provider, SafeBoda, has become the first startup to receive investment from Google’s Africa Investment Fund. The undisclosed funding came from the $50m Africa Investment
Nigerian solar mini-grid provider, NXT Grid, has announced it has secured $1.4m from investors All On and Katapult Climate to expand its operations.
This latest investment follows All On’
Nigerian Edtech platform, Edukoya, an Africa-focused online learning platform, has raised $3.5m in a pre-seed round led by Target Global.
The investment round also saw participation from angel investors
Kenyan health-tech startup, Zuri Health, has announced its expansion into Senegal via a partnership with Expresso Senegal- a subsidiary of the Expresso Telecom Company, providing 4G internet, voice, and SMS
Nigerian edtech startup, uLesson, has announced that it has closed a $15M Series-B investment from Nielsen Ventures and Tencent, as well as existing investors, Owl Ventures, TLcom Capital, and Founder
Kenyan Fintech startup, Kwara, which is helping to turn traditional savings cooperatives into modern digital banks, has raised $4m in a seed round.
Investors who took part in the funding
Nigeria-based unified communications startup, SendChamp, has raised $100,000 to bridge the communications gap for African businesses. The close of this round signifies the public launch of the startup’s
Egypt-based cleantech startup Plstka has announced it raised an undisclosed Seed funding round from Alexandria Angels Network, in addition to a matching fund from Hivos to help it scale.
Plstka
