Tag: Nigeria
African InsurTech deal activity sees slight uptick in 2023, contrary to...
Key African InsurTech investment stats in 2023:
• African InsurTech companies raised a combined $30.4m in 2023, a 53% reduction from 2022
• African InsurTech deal...
Nigeria retains top spot in Africa for early stage FinTech investment...
Key African FinTech seed investment stats in 2023
• African FinTech seed deals totalled at 116 transactions in 2023, a 49% drop from 2022
• African...
Thunes partners with Handprint to boost eco-friendly transactions
Thunes, a leader in global cross-border payments, has announced an expansion of its ambitious tree-planting initiative in collaboration with Handprint, a company dedicated to impactful environmental projects.
Nigerian startup FrontEdge bags $10m for trade finance growth
Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.
Nigeria narrowly keeps top spot for FinTech hubs in Africa during...
Key FinTech investment stats in Africa during Q3 2023:
· African FinTech deal activity reached 51 transactions in Q3 2023, a 28% drop YoY
· African...
South Africa, Nigeria and Kenya battle for leading FinTech country in...
Key FinTech investment stats in Africa during Q3 2023:
• African FinTech deal activity reached 51 transactions in Q3 2023, a 28% drop YoY
• African...
Haba InsurTech’s $75k boost to redefine Nigeria’s insurance experience
Haba InsurTech, co-founded in 2022 by Constance Oshafi, Stephen Onwe, and Paul Showemimo, is making strides in Nigeria's InsurTech sector.
Nigeria continues to dominate in Africa with 39% of FinTech deals...
Key African FinTech investment stats in H1 2023:
• African FinTech deal activity reached 133 deals in H1 2023, a 38% drop YoY
• African FinTech...
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.
Neobank creator Fintech Farm raises $22m
Fintech Farm, which is helping to create neobanks in emerging markets, has reportedly closed its Series B funding round on $22m.