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VerifyMe Nigeria, an ID verification and KYC technology company, has secured a Series A financing for an undisclosed amount from
Paga, a Nigerian fintech startup has acquired Apposit, an Ethiopian fintech startup for an undisclosed fee. Paga also announced that
Two African fintechs, MFS Africa and Frontclear have received $3.2 million in investments from FSD Africa Investments. While MFS Africa,
TLcom TIDE Africa Fund, a sub-Saharan African VC fund that supports businesses that leverage technology and innovation has received a
Flutterwave, an African fintech startup has raised a $35 million Series B funding round co-led by Grey Croft & eVentures.
Skynamo, a South African sales tech provider has secured a $30 million Series A funding from Five Elms Capital, a
Catalyst Fund, a global fintech accelerator focused on emerging markets has announced six early-stage fintech startups that will participate in
QuickBus, a Kenyan online bus booking and ticketing startup has raised undisclosed seed investment led by Shorooq Partners, a venture
Bolt, formerly known as Taxify, has raised venture debt of about $56 million from the European Union’s development bank to
Nigerian, Kenyan and South African startups raised the most funds from the $1.34 billion African startups received in 2019. According