Tag: Africa
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...
Google, DPI backs African fintech Moniepoint in $110M round
Google’s Africa Investment Fund is a new investor in African fintech Moniepoint, which just closed $110 million in new financing. The Series C...
African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot
Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have retreated from...
Flutterwave’s chief on the company’s executive hires, product focus, and IPO plans
Last month, Flutterwave, Africa’s most valuable startup, appointed Mitesh Popat as its new chief financial officer. The company, valued at $3 billion when...
Kenya fines Baltic fintech Eleving’s local arm for misleading customers
Kenya’s competition authority has fined Baltic lender Eleving‘s Kenyan subsidiary for misleading its customers, casting a spotlight on the continuing unethical operations of...
Paymob, started by three college friends, lands another $22 million and is profitable in Egypt
Not many ecosystems outside of Silicon Valley can boast successful tech startups launched by founders while still in school or shortly after dropping...