Fintech

15 Fintech Startups Selected For LHoFT’s Startup Acceleration Program

Building on the success of the previous editions of CATAPULT: Inclusion Africa since 2018, the Luxembourg House of Financial Technology

Bumpa
Social Commerce

Nigeria’s Bumpa, Raises $4m in Seed Funding to Help Underserved SMEs Grow and Manage Their Business 

Bumpa, an emerging e-commerce startup, has announced a $4 million raise in its just-completed seed funding round.  This round was

Pezesha
Funding Investment Startup Venture Capital

Pezesha Secures $11m Pre-series A Funding to Grow its Embedded Finance Platform

Pezesha, a pan-African embedded finance fintech, has raised $11 million in pre-series A investment. The round was a mix of $6

valU
Acquisition

Egyptian BNPL, valU Acquires Fintech Company Paynas

valU, an Egyptian Buy-Now, Pay-Later (BNPL) fintech startup, has acquired 100% of Paynas, a full-fledged employee management and benefits company

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

Funding Investment Venture Capital

Nigeria’s YEP! Secures $1.5m in Pre-Seed Funding

Yep!, a Nigerian fintech startup, has raised $1.5 million in a pre-seed funding round led by Greenhouse Capital. Alongside the

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

Zanifu
Fintech Funding Investment Venture Capital

Kenyan Fintech Startup, Zanifu Closes $1m Seed Funding

Zanifu, a Kenyan fintech startup, has secured $1 million in Seed funding to extend its MSME lending services across Africa. The

Fintech Investment Venture Capital

Kenyan Fintech Startup, Paylend Closes $2m Seed Round

Paylend, a Kenyan fintech startup, have today announced that it has raised $2 million dollars seed investment from Next Chymia

SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm