South Africa-based insuretech platform, Naked has announced the close of its $11 million Series A round led by Naspers through its early-stage tech investment vehicle, Naspers Foundry.
Previous investors, Yellowwoods
Nigeria-based fintech startup, Payhippo, has been accepted into Y Combinator’s Summer 2021 cohort, joining 167 startups, four of which are African.
Launched in January 2020 by Zach Bijesse (CEO)
Kenya based fintech startup, Wapi Pay, has closed a $2.2 million pre-seed funding round to facilitate global payments and remittances between Asia and Africa.
Investors that took part in
One of Nigeria’s foremost financial technology companies, Global Accelerex (Accelerex), has yet again demonstrated its leadership in the financial technology industry by clinching the FinTech Services Provider of the
Kuda Bank, a London-based, Nigerian operating startup that prides itself as the “bank of the free”, working to provide cheaper and personalized mobile banking services to Africans has secured $55
Swvl, a Cairo-born, but Dubai headquartered ride-sharing startup has disclosed on Tuesday that it is going public by merging with a special purpose acquisition company (SPAC). The mobility startup said
In a blog post released on their Medium platform, Nigerian fintech startup, Piggyvest has announced its acquisition of a smaller competitor, Savi.ng.
Prior to this acquisition, Savi.ng was
Autochek, the automotive technology company facilitating auto financing across Africa, has announced a partnership with Appzone Group, the continent’s leading FinTech organization, to provide Nigerians with quick and flexible
Julaya, an African fintech startup with offices in Ivory Coast and France has secured US$2 million in a pre-Series A round to grow and expand its product in West
South Africa based insurtech startup, Pineapple has recently announced the raise of a $3.4 million Series A round to expand its footprints in the car insurance space.
Participants in
Cairo-based grocery delivery startup, GoodsMart, has raised $3.6M in a round led by Sawari Ventures, to accelerate market expansion.
GoodsMart will be using the investment to further accelerate its
Omnisient’s recent recognition by the World Marketing Congress proves yet again that the African continent is producing some astonishing scale-ups and entrepreneurs, along with innovative solutions to complex challenges.