Tag: 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.

Nigerian FinTech Wallets Africa closes funding round as it looks to...

Nigerian-based FinTech Wallets Africa, which gives consumers an app to manage their money, has closed a new investment round as it looks to grow its presence in Africa.

Retail investing app Trove said to raise funds from three angel...

Micro-investing startup Trove has allegedly secured capital from an investment round backed by three angel networks.

Arctic Intelligence signs up African Bank as new client

Australian RegTech leader Arctic Intelligence is going to help African Bank meet its anti-money laundering (AML) and counter financing of terrorism (CFT) targets.

OPay dispels rumours it’s pulling out of its commitments in Nigeria

After picking up a massive $120m Series B round in November 2019, OPay has faced rumours that it may not launch across Nigeria as heavily as before because of COVID-19.

Nigeria-based Okra said to raise $1m in funding

Okra, which helps to connect apps with bank accounts, has reportedly raised $1m in pre-seed funding.

HUMBL and One Kiosk sign partnership to boost the financial services...

Nigerian FinTech One Kiosk has teamed up with US-based mobile financial service provider HUMBL to give its native merchants’ online ordering and delivery services a power boost.

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