Ecommerce Funding Investment Startup

Betastore, a B2B Retail Marketplace, Secures $2.5m Investment

Betastore, a B2B retail marketplace for informal retailers, has secured a $2.5 million in pre-series A funding from 500 Global,

Khazna
Financial Services Fintech

Egypt’s Khazna Closes $38m Series A in Equity and Debt Funding Round

Khazna, an Egyptian fintech startup, has raised a $38 million series A in equity and debt funding round. The equity

Ecommerce Funding Investment Startup

Sokowatch Secures $125M Series B Round, Rebrands to Wasoko

Sokowatch, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has closed a $125 million

Funding Investment Startup

BNPL Startup, Klump Closes $780k Pre-seed Funding

Klump, a Nigerian Buy Now Pay Later startup, has closed a $780k pre-seed round to launch its flagship Pay with Klump™ product

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

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

Fintech Funding Investment Venture Capital

Finclusion Group Raises Additional $20m to Build Out Neobank Offering Across Africa

Finclusion Group has secured US$20million in debt & equity funding from various prominent investors in its latest capital raise. Investors

ThankUCash
Funding Investment Startup Venture Capital

ThankUCash Bags $5.3m Funding to Build Infrastructure For Cashback

ThankUCash, a Nigerian rewards platform, has secured a $5.3 million seed round to expand its services across Africa and to

Fawry
Payment

Fawry Plans to Directly Offer Consumer Finance Services in 2022

Fawry, the Egyptian e-payments solutions, and banking services provider, has announced plans to establish a consumer finance company, Fawry Consumer Finance,

Ecommerce

Top B2B Ecommerce Marketplaces Digitising Informal Trade in Nigeria

SMEs and Mom and Pop stores in Nigeria have basically operated offline over the years. They figuratively ran away from