Tag: Africa
How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit
At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following...
LemFi moves remittances further into Asia and Europe with $53M in new funding
For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they...
Africa’s newest fintech unicorns are winning by keeping their feet on the ground
Africa’s tech ecosystem just got a boost of attention, with South Africa’s TymeBank and Nigeria’s Moniepoint both raising funds in recent weeks at...
This stealthy African stablecoin startup already processed over $1B in cross-border payments
Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over...
As YC retreats from Africa, alumni launch accelerators to fill the gap
The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and began to...
Financial inclusion drives African fintech M-KOPA to $400M in ARR
An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit country by sub-Saharan...