Tag: South Africa

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...

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...

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...

Yellow scores $5m loan to boost solar solutions access in Africa

Oikocredit, a social impact investor, has deployed a $5m loan into Yellow, a pay-as-you-go off-grid solar solutions and appliances provider.

Finclusion Group rebrands to bolster financial inclusion in Africa

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.

South Africa-based Moove raises funding to grow auto financing service

Moove, which stylises itself as the world’s first mobility FinTech company, has collected $20m in funding from Absa Corporate and Investment Banking.

South African FinTech Yellow nets $20m in debt financing

South Africa-based Yellow, which offers energy financing products to low-income households in Africa, has reportedly collected $20m in debt funding.

Africa-focused vehicle financing app Moove nabs fresh investment

Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners

South Africa-based Lipa Payments raises fresh capital

Lipa Payments, a South African FinTech company, has raised R10m ($660,000) in fresh funding.

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