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Payhippo, an AI-powered lending platform, has reportedly collected $1m in its pre-seed funding round, to help it expand its team.
TeamApt, which provides financial services to the underserved market in Africa, has closed its Series B round to help support more consumers in Nigeria.
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.
Nigeran bank Polaris has boosted its digital presence with the launch of VULTe, its new digital bank.
Nigeria-based InsurTech company Curacel has reportedly collected $450,000 in a pre-seed round.
Nigeria-based ImaliPay has reportedly secured a pre-seed investment to help it accelerate its scaling efforts.
Nigerian FinTech company Cowrywise has reportedly raised $3m in its pre-Series A round, which was led by Quona Capital.
Kuda Bank, an African challenger bank, has reportedly raised $10m in its seed round.
Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.
Nigeria-based loan marketplace Evolve Credit has reportedly received an investment from Microtraction, an early-stage investor focused on African startups.