Tag: Africa

MoneyHash, which provides single access to payment services in MENA, banks $5.2M

When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they grow and expand...

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...