fintech

Centbee closes R17m funding round with Ayre Ventures

“We have the right vision, products and team to drive exponential growth for our investors,” said Centbee co-chief executive Lorien Gamaroff after the fintech…

Pan-African fintech Cellulant bags 3 top prizes in Ghana

Leading pan-African fintech Cellulant has won no less than three prestigious awards in Ghana’s top competition for the movers and shakers driving the West-African…

Lessons for launching an African fintech in 2023

Anyone looking to launch an African start-up in 2023 must be sorely tempted to do so in the fintech space – provided they have…

ShEquity invests in Nigerian fintech start-up Owoafara

Nigerian fintech start-up Owoafara Inc has received investment funding from ShEquity, an Africa-wide impact investment firm. While the exact amount has not been disclosed,…

Big tech is winning the battle for Africa’s top talent

Technology and software companies in Africa are losing their top talent to big tech giants like Microsoft and Google. This, said experts, will continue…

Revio raises $1.1m to solve payments failure conundrum

New products, an expanded team, and access to emerging markets are on the cards for fintech SaaS start-up Revio following the completion of a…

Next Fintech Forum: ‘Fintech’s future unfolding in Africa’

While fintech’s past lies predominately in the United States and its present, squarely in Asia, it would be wise to keep a watchful eye…

Broadscale Group and Generation Investment Management take M-Kopa to $100M

Innovative Kenyan lender M-Kopa has raised $75 million in an equity funding round, bringing its total equity funding to $100 million. The Generation Investment…

Payflex and Merchant Capital partner to help small retailers unlock BNPL

South African fintechs alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution that will address some of the issues…

Four African startups join tenth Catalyst Fund Inclusive Fintech cohort

Global tech accelerator Catalyst Fund, managed by BFA Global, has announced its tenth cohort of fintech companies that are building solutions designed to improve…

Floatpays secures R15M investment from Naspers Foundry

Floatpays, a Cape Town-based on-demand earned wage access platform, has received a R15 million investment from Naspers via its early-stage tech investment arm, Naspers…

Cape Town based BNPL startup secures Weaver Fintech investment

PayJustNow, a Cape Town-based digital payment platform specialising in Buy Now Pay Later (BNPL), has secured an investment from a major fintech player, which…

Ozow and Zapper partnership shows FinTech collaboration

Cash is over. If you aren’t going digital and contactless, you aren’t moving Mzansi’s rands. It’s this shift in behaviour – accelerated by the…

Flutterwave raises $250M, now valued at over $3B

Flutterwave, the African fintech founded in 2016 that helps businesses make and accept payments anywhere from across Africa and around the world announced, has…

Stitch raises $21M in Spruce House led Series A

South African fintech API Stitch closed a $21 million Series A funding round that drew participation from The Spruce House Partnership, PayPal Ventures and…

Kenyan fintech Ubawa secures $350K seed funding

Ubawa Technologies, 2021 African Start-up Awards Start-up of the Year winners for Kenya, has secured $350 000 in seed funding from Nigerian VC Platform…

Speedinvest leads $3M pre-Series A funding for Ghana fintech OZÉ

Ghanaian fintech OZÉ provides bookkeeping tools for business owners to understand and improve their performance as well as access to capital to fuel growth….

South African fintech raises R47M funding in Series A

TallOrder, the South African fintech developer of cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, has raised R47m…

Kenyan fintech secures $1M in seed funding, eyes expansion

Zanifu, the Kenyan fintech that enables access to working capital for Micro, Small & Medium Enterprises (MSMEs) by providing short-term stock financing, has secured…

Fintech review and predictions for 2022 by premier SA fintech investor

Fintech has gone mainstream and is no longer a niche sector. There are now over 26 000 fintech companies globally that employ half a…

Periculum launches in Nigeria to build credit assessment infrastructure

Canadian fintech startup and credit assessment company, Periculum, has launched in Nigeria to tackle the challenge of domestic credit in underserved markets. The company…

Fintech is creating a more accessible and inclusive society

A study conducted by Forbes ranks inclusion and diversity as critical components to ensure success on a global scale. While a lot of work…

Local banking app partners with Access Bank to stimulate future growth

Traditional banking challenger, Bettr, has partnered with Access Bank, “the continent’s fastest growing bank”, in preparation for future expansion. The app has also been…

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