Tag: Africa

European PayTech deal activity drops 52% YoY despite growth in online...

Key European PayTech investment stats H1 2023: • European PayTech deal activity reached 93 transactions in the first half of 2023, down 52% YoY • European...

Zanifu’s game-changing MSME finance model receives substantial investment from Beyond Capital...

Beyond Capital Ventures (BCV), an esteemed venture capital firm focusing on emerging markets, has made a strategic investment in Zanifu. Zanifu is an innovative financial services platform that champions small retailers across Africa.

Moniepoint set to expand African footprint with Kopo Kopo acquisition

Moniepoint, a banking and payments platform operating throughout Africa, has gained the green light to wholly acquire Kopo Kopo.

Nigeria dominates African FinTech with a 42% share of deals in...

Key African investment stats in Q2 2023: • African FinTech deal activity reached 59 transaction in the second quarter, a 31% drop YoY • African FinTech...

African mobility startup Moove secures $8m from Absa for Ghana expansion

African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured a funding of...

Moroccan B2B e-commerce player, Chari, seizes $1.5m in funding

Chari, a Morocco-based company specialising in B2B e-commerce, is making considerable strides in the African market.

M-KOPA lands $250m to scale across Africa

M-KOPA has raised over $250m in new debt and equity funding to expand its offering to underbanked consumers in Sub-Saharan Africa.

PayTech aimed at African businesses Nomba scores $30m

Nomba, a payment services provider aimed at African businesses, has raised $30m for its pre-Series B funding round.

Smile Identity acquires Appruve to bolster identity verification in Africa

Smile Identity, a provider of identity verification in Africa, has acquired the parent company of Appruve, which helps firms use financial and identity data for detect fraud.

Village Capital names the 32 FinTechs in its new accelerator

Village Capital has named the 32 startups, which span Africa, Asia and the Middle East, which have been selected to join its Financial Solutions for Migrants program.

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