Acquisition

SA Mobile Payments Startup, FirePay Acquires Payroll Startup Radar

FirePay, a South African payments startup, has acquired Radar, a South African human resources and payroll startup. Firepay is the

Fintech Funding Investment Startup

Egypt’s Paymob Secures $50m Series B Investment

Paymob, the Egyptian fintech startup, has raised $50 million funding led by PayPal Ventures, Kora Capital, and Clay Point. The

Farmerline
AgricTech Funding Investment

Ghana’s Farmerline Secures $12.9m Pre-Series A Investment to Help African Farmers

Farmerline, a Ghanaian agritech startup, has secured a US$6.4 million Pre-Series A investment and $6.5 million debt to strengthen its

Startup

Nigeria’s Kudi Changes Name to Nomba

Kudi, an African fintech startup, has announced that it is changing its name to Nomba as it transitions into an

DLM Capital
Acquisition

CBN Approves DLM Capital Group’s Acquisition of Links Micro Finance Bank

Prominent Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) for its

MFS Africa
Acquisition

MFS Africa Completes Acquisition of Baxi

MFS Africa has completed its acquisition of Capricorn Digital Limited, known in the market as Baxi, following approval of the

Churpy
Fintech

Kenyan Fintech Startup Churpy Gets $1m Backing From Global Investors

Churpy, a Kenyan fintech startup, has secured a $1 million seed round led by Unicorn Growth Capital. Also participating were

Funding Investment

Egyptian SaaS Platform FlapKap Secures $1.2m Funding

FlapKap, an Egyptian SaaS platform, has completed a $1.2 million fundraise led by A15. FlapKap was founded by Ahmad Coucha,

CATAPULT: Inclusion Africa
Startup

10 Fintech Startups Selected For 2022 CATAPULT: Inclusion Africa: Special Edition in Dubai

LHoFT Foundation has selected 10 fintech startups for the 2022 CATAPULT: Inclusion Africa: Special Edition in Dubai. This Dubai edition

Fintech Funding Investment Venture Capital

African Neobank, 4G Capital Closes $18.5m Series C Funding Round

4G Capital, the African neobank, has secured $18.5 milliom Series C funding round from private equity fund Lightrock. Since its