Africa Business Fintech Funding

MyBucks Secures Funding For SME Finance in Uganda

Frankfurt-listed FinTech, MyBucks S.A. has announced that it had secured a term loan facility arranged by Symbiotics S.A to finance

Turaco
Acquisition

Turaco Acquires MicroEnsure Ghana to Deepen Affordable Insurance Coverage Across Africa

Turaco, the African tech-enabled insurance company, today announced the acquisition of MicroEnsure Ghana, a pioneering microinsurance company from MIC Global. Under the

Ayoba
Accelerator

Ayoba Partners Adanian Labs to Launch Nigeria Accelerator Programme

Ayoba has announced a strategic partnership with Adanian Labs to launch an SME Accelerator program aimed at empowering and accelerating

Aruwa Capital
Venture Capital

Aruwa Capital Management Achieves Final Close on Fund I

Aruwa Capital Management, a Lagos-based female-founded and led early-stage growth equity and gender lens investment fund, has announced the successful

Payhippo
Acquisition

Nigerian Fintech Startup, Payhippo Acquires Maritime Microfinance Bank

Payhippo, a Nigerian fintech startup, has announced the proposed acquisition of Maritime Microfinance Bank (MFB), a financial institution specialising in

Mastercard
Fintech Payment

Fintech Emerging as Africa’s Most Vibrant Sector-Mastercard Study

Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the

Kippa
Fintech Funding Investment Payment Startup

Nigeria’s Kippa Announces $8.4m Investment to Build its Financial Management Platform for Merchants

Kippa, the financial management and payments platform for Nigerian small businesses, has announced that it has raised $8.4M in a new

Acquisition Funding

Elloe Acquires Conversational Commerce Startup Flo by Saada 

Elloe, a U.S.-based conversational commerce startup, has acquired Flo by Saada nearly three months after raising more than $1 million

Funding Investment Venture Capital

Kenya’s CrewHR Becomes FaidiHR After Securing Undisclosed Funding From SprintX

Crew HR & Payroll, a Kenyan HR and paytoll startup, has rebranded to FaidiHR after it received an undisclosed amount

Umba
Acquisition Banking Funding

Digital Bank Umba Acquires Majority Stake in Daraja Microfinance Bank

Umba, a Nigerian digital bank, has acquired a majority stake in Daraja, a Kenyan microfinance bank, for an undisclosed amount.