Tags Africa

Tag: Africa

4G Capital said to receive loan from Citi

4G Capital, a neobank designed for the whole of Africa, has reportedly partnered with Citi to support the growth of micro-enterprises in Kenya.

Mobile banking app Fundall closes its pre-seed on $150,000

Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.

How payments are driving financial inclusion in Africa

FinTech in Africa is not improving a traditional financial ecosystem, it is creating one. It is estimated that around 66% of the adult population on the continent is unbanked, but the time for change is now and FinTech is the way to do that.

eTranzact lost 100% of its profits in Q2 after it recovered...

The problems don't seem to be over for Nigerian electronic payments provider eTranzact after it reported it incurred a loss of $306,623 in the second quarter, wiping away the recovery it had enjoyed after a 2018 fraud scandal.

InsurTech BIMA bags $30m to expand in Africa and Asia

InsurTech BIMA has raised $30m in a new round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.

Standard Chartered teams up with Airtel Africa to strengthen the adoption...

British multinational bank Standard Chartered has inked a deal with telecom company Airtel Africa to boost financial inclusion across Africa.

ElGameya secures six-figure investment to support development of group lending solution

Group lending app ElGameya has reportedly bagged six-figure pre-seed investment from an angel syndicate.

Why Rwanda is well positioned to be a front runner in...

The lack of established financial infrastructure in Africa offers considerable opportunity for FinTech and Rwanda is positioned nicely for this opportunity, according to Steven...

Eversend bags $1.01m in new crowdfunding campaign on Seedrs

Ugandan neobank Eversend has reportedly closed an oversubscribed crowdfunding campaign on Seedrs.

South African neobanks TymeBank and Discovery Bank have onboarded more customers...

South African challenger banks TymeBank and Discovery Bank has reportedly thrived during the country's coronavirus lockdown.

Watch the exclusive webinar with McKinsey and Akur8 to find out more 

How to capture value from pricing analytics in P&C insurance post COVID-19?

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