The United States-based technology-focused private equity firm, Accel-KKR, has made an undisclosed investment in Entersekt, a major player in the device entity and authentication space situated in Stellenbosch, South Africa.
Kenyan Fintech startup, Kwara, which is helping to turn traditional savings cooperatives into modern digital banks, has raised $4m in a seed round.
Investors who took part in the funding
South African fast-growing digital banking group, TymeBank, has successfully secured investments from Tencent and CDC to complete its $180 million Series B capital raise. The investment from Tencent and CDC
Egypt-based cleantech startup Plstka has announced it raised an undisclosed Seed funding round from Alexandria Angels Network, in addition to a matching fund from Hivos to help it scale.
Plstka
African Blockchain Lab has received a $6M Series Pre-A investment to fund the launch of its crypto wallet VIBRA, which will help increase digital asset usage in Africa.
The Pre-A
Mauritian P2P Fintech lending platform, Fundkiss Technologies Limited has announced it has partnered with CIM Financial Services Ltd (Cim Finance), a major Mauritian consumer and SME finance provider, by selling
Kenyan community-led marketplace building the digital infrastructure for an emerging market startup, Pariti, has raised $2.85m in seed funding led by United States’ Harlem Capital.
Better Ventures, Accelerated Ventures,
Togolese mobility startup operating in Francophone Africa, Gozem, has announced it raised $5m in a Series A funding round.
Togo and Singapore-based AIC, Thunes (TransferTo), Momentum Ventures (SMRT), Innoport Ventures
Egyptian home services marketplace, FilKhedma, has announced it secured an undisclosed amount of funding from The Cairo Angels, a global network of angel investors dedicated to supporting startup possibilities in
Kenya-based Agritech startup Shamba Pride has secured $1.1m to support its expansion in Kenya and roll-out of its digital solution to over 1,000 digitalised shops.
The funding was
Cairo-based cloud-based inspection management software startup, beXel, has raised an undisclosed amount in an investment round led by JH Investments Ltd, with additional funding from Flat6Labs, UI Investments, and Saudi
Nigerian crypto startup, Payourse, has announced it raised $600k in a pre-seed funding round to help it scale its products, employ more people, and expand into other markets.
Participants in