Flash
Funding Investment Venture Capital

Egyptian Cashless Payment App, Flash Secures $6m Seed Round

Flash, an Egyptian cashless payments app, has secured a $6 million seed round led by Addition with participation from Flourish

ShopZetu
Funding Investment Venture Capital

Shopzetu Raises $1.0m in Pre-seed Funding to Revolutionise Africa’s Fashion and Lifestyle ecommerce Landscape

ShopZetu, the fashion technology start-up, has announced the closure of its $1.0 million Pre-Seed funding round. The round was led

Ukheshe
Payment

Ukheshe Labs to Focus on Digital Payment Innovation

Ukheshe, the Banking as a Service (BaaS) and embedded finance enabler, has recently launched a new innovation hub, Ukheshe Labs,

e4
Acquisition

Fintech Specialist e4 Acquired by Consortium Led by Infinite Partners

e4, a South African fintech specialist, has announced its acquisition by a consortium of private equity investors, led by an

M-KOPA
News

Fintech M-KOPA Raises $250m to Scale High-impact Business Across Africa

M-KOPA, a fintech platform, has announced that it has closed over $250 mill in new debt and equity funding to

AppsFlyer
Apps

Nigerian Mobile App Installs Surge During Ramadan, AppsFlyer Data Reveals

Given that consumers in Nigeria are fiercely mobile-first, organisations looking to boost customer engagement would be wise to maximise their

Convergence Partners
Funding Investment Venture Capital

Convergence Partners Closes $10m Investments in 42Markets Group

Convergence Partners, an investment management firm focused on the Technology, Media and Telecom sector in Africa, has announced the acquisition

Smile Identity
Acquisition

Smile Identity Acquires Appruve Deepen Reach Across Africa

Smile Identity, the African provider of digital identity verification solutions, has acquired Appruve‘s parent company (Inclusive Innovations, Inc.). This acquisition

Autochek
Acquisition

Autochek Acquires Majority Stake in Egypt’s AutoTager to Strengthen Pan-African Footprint

Autochek, the automotive technology company, has acquired a majority stake in AutoTager, an Egyptian automotive technology company that makes it

News

Payday Secures $3M Seed Round to Power the Future of Work for Africa

Payday, an African neobank issuing global accounts to Africans, has raised a $3M seed round led by Moniepoint Inc. The