Fintech Funding Investment

Sudo Africa Secures $3.7m Pre-seed to Build Its Card-Issuing Platform

Sudo Africa, a Nigerian API startup, has raised $3.7 million in pre-seed funding led by Global Founders Capital (GFC). Other

Acquisition

Morrocan B2B eCommerce Startup, Chari Acquires AXA Credit For $22m

Chari, a Moroccan B2B e-commerce and retail startup, has acquired Axa Credit, the credit arm of Axa Assurance Maroc, for $22 million.

Ecommerce Funding Investment Startup Venture Capital

Egyptian ECommerce Platform For Mums, Mumerz Closes $1.2m Pre-Seed Funding

Mumerz, an Egyptian e-commerce platform for mothers, has secured a $1.2 million pre-seed round led by Disruptech. Launched recently, Mumerz is a parent

4DX Ventures
Edtech Investment Legal Venture Capital

Egypt’s Kouncel Bags $1.2m pre-Seed Funding

Kouncel, an Egyptian legal education platform, has secured $1.2 million investment led by Zaldi Capital, the African Development Bank (AFDB), the

Funding Investment

Kenya’s Cartnshop Closes $400k Investment

Cartnshop, a Kenyan company that helps African small businesses build up internet storefronts quickly and inexpensively, has raised a $400,000

Funding Health Investment

Health tech Company, Susu Raises €2m to Accelerate Affordable Healthcare for Africans

Susu, a global health-tech company, focused on making healthcare accessible and affordable for Africans, has completed a €2 million pre-seed

Fintech Funding Renewable Energy

Kenya’s M-KOPA Secures $75m Funding to Expand Platform for Underbanked

M-KOPA, the Kenyan pay-as-you-go energy services for off-grid customers, has raised $75 million in a growth equity round to expand

Cryptocurrency Funding Investment

South African Crypto Exchange Firm, VALR Secures $50m Funding

VALR, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto

Acquisition

Weaver Fintech Acquires South Africa’s PayJustNow

Weaver Fintech, a South African fintech startup, has acquired an 85% stake in PayJustNow to drive its ongoing growth in

Funding Investment Venture Capital

Lipa Payments Secures $650k Funding For Contactless Payments Platform For Informal Sector

Lipa Payments, a South African fintech startup, has secured a R10 million ($650, 000) funding to build a contactless payments