Tag: Africa

South Africa-based Root, as it looks to enter new markets, has collected $3m in its seed round funding.

Nigeria-based lending platform Payhippo has reportedly collected $3m in its seed funding round, as it looks to scale its team to support growth.

Nigeria-based Mono, which helps consumers connect their financial accounts in a single place, has raised $15m in its Series A.

Finclusion Group, which aims to boost financial inclusion in sub-Saharan Africa, has reportedly secured $20m to support enterprise development in the region.

Globacap, which claims to be transforming capital markets, has secured an additional $9m for its Series A round.

South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.

Airtel Africa continues its funding spree with it reportedly closing a fresh $200m investment from Qatar Holding, an affiliate of sovereign wealth fund Qatar Investment Authority.

Payhippo, an AI-powered lending platform, has reportedly collected $1m in its pre-seed funding round, to help it expand its team.

African FinTech Carbon has entered a five-year strategic alliance with Visa to provide digital and physical issuance of Visa cards to its customers on the continent.

Okra, which stylises itself as Africa’s open finance API, has closed its seed round on $3.5m.