Canza Finance
Fintech Funding Investment Venture Capital

Nigeria’s Canza Finance Secures $3.27m in Seed Funding

Canza Finance, a Nigerian neobank building a non-institutional-based financial system, announced the completion of its $3.27M seed round. The fundraising

MarketForce
Ecommerce Funding Investment Venture Capital

MarketForce Raises $40M Series A to Scale up The Super App for Africa’s Informal Merchants

MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has closed a

Jambo
Funding Investment Venture Capital

Congolese Web3 Startup, Jambo Secures $7.5m Investment

Jambo, a Congolese web3 startup, has raised $7.5 million in seed funding. The round was made up of Coinbase Ventures,

Funding Investment Venture Capital

Earnipay Nabs $4m to Offer On-demand Salary Access to African employees

Earnipay, a fintech solution that provides flexible and on-demand salary access to income earners, has closed a seed round of

Wasla
Ecommerce Funding Investment Venture Capital

Egyptian eCommerce Startup, Wasla Secures $9m From Contact Financial Holding

Wasla, an Egyptian ecommerce startup, has secured a $9 million investment from Contact Financial Holding, Egypt’s largest non-bank financial services

CrowdForce
Fintech Funding Investment News Venture Capital

Nigerian Agency Banking Startup, CrowdForce Secures $3.6m Led by Aruwa Capital Management

CrowdForce, a financial services startup, has closed a $3.6 million pre-series A funding. Aruwa Capital Management led the equity and

Flutterwave
Fintech Funding Investment Venture Capital

Flutterwave Secures $250m Series D Funding to Become Most Valuable African Startup

Flutterwave, a leading technology company, announced today that it has raised USD $250 million in Series D funding, valuing the

Swvl
Funding Investment Ride-hailing

Egypt’s Swvl Gets $10m From European Bank

Swvl, the Egyptian on-demand bus-hailing firm, has secured a $10m investment from The European Bank of Reconstruction and Development (EBRD)

IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Mecho Autotech
Funding Investment News Venture Capital

Mecho Autotech Secures $2.15m to Fix Nigeria’s Vehicle Maintenance

Mecho Autotech, a Nigerian on-demand auto repair and maintenance startup, has raised a $2.15 million seed round.  The Investors in