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Proptech Startup, Whose Your Landlord secures $2.1M from Black Operator Ventures

Black Operator Ventures

Proptech Startup, Whose Your Landlord secures $2.1M from Black Operator Ventures

The Nigerian-owned housing startup Whose Your Landlord (WYL) has raised $2.1 million in pre-seed funding, led by Black Operator Ventures (Black Ops Ventures). WYL is a US-based multipurpose platform that empowers and appraises rental communities. Founded by Ofo Ezeugwu in 2015, WYL collects rental feedback and uploads them to

Opay wins the best Point-Of-Sale Payment Service Provider Award from The Global Economics institution

Opay wins the best Point-Of-Sale Payment Service Provider Award from The Global Economics institution

Frontier fintech platform Opay, recognized as a mobile payment and collection service platform for Egypt and Africa, has won the ‘Best New Point-Of-Sale Payment Service Provider’ award from ‘The Global Economics’ institution. Mr. Mahmoud Khedr received the award, the company’s Director of Business Development and Strategic Partnerships, at the

Kenyan Amitruck Raises $4m Seed Funding to Accelerate Expansion across Africa

Kenyan Amitruck Raises $4m Seed Funding to Accelerate Expansion across Africa

Kenyan digital trucking logistics startup Amitruck has raised a $4 million seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the United States to accelerate its expansion across Africa. Better Tomorrow Ventures (BTV) led the round, a San Francisco-based venture capital firm

Nigerian Insurtech, Casava raises $4M pre-seed funding to make insurance affordable and accessible for Nigerians

Nigerian Insurtech, Casava raises $4M pre-seed funding to make insurance affordable and accessible for Nigerians

Casava, a Nigerian digital insurance company has today raised $4 million pre-seed round. This funding is the largest pre-seed for an African insurtech company and the second largest for a Nigerian startup after Nestcoin whose round was declared only yesterday. The pre seed round was led by a Berlin-based Target

Web3 Startup Nestcoin Raises $6.45M Pre-Seed Capital to Make Crypto More Accessible for Africa

Web3 Startup Nestcoin Raises $6.45M Pre-Seed Capital to Make Crypto More Accessible for Africa

Nigeria-based global web3 startup, Nestcoin, has raised $6.45 million in pre-seed capital, as it aims to make crypto accessible primarily in frontier markets and their new funding will go toward their mission. Pan African venture capital firm 4DX Ventures backed the funding round with participation from Serena Ventures, launched

AFEX, a Nigerian leading commodities market player seeks to raise $175m in ABCP to boost Nigeria’s agro sector

AFEX, a Nigerian leading commodities market player seeks to raise $175m in ABCP to boost Nigeria’s agro sector

AFEX, a Nigerian leading commodities market player and the first private sector commodities exchange, announced on Monday the reopening of its $240m Asset-Backed Commercial Paper (ABCP) which will help in stabilizing the country’s agriculture sector by offering low-cost financing to Agro-processors to bridge the funding gap between lenders and

Egyptian YFS receives $7M to Scale its Logistics and Delivery Business

Egyptian YFS receives $7M to Scale its Logistics and Delivery Business

Egyptian on-demand delivery startup building a network of dark stores and micro-warehouses across Egypt, Yalla Fel Sekka (YFS), has secured a $7 million Series A round. DisruptAD led the Series A round while ADQ’s venture platform, and Kuwait-based Kharafi Group, funded the startup again in this round. Launched in

Nigerian Mobility startup, Moove closes $10 million round led by NPK Capital to expand across Africa

Nigerian Mobility startup, Moove closes $10 million round led by NPK Capital to expand across Africa

The mobility fintech company Moove has secured a $10 million financing deal from NBK Capital Partners Mezzanine Fund II. This makes the sixth investment from the Fund advised by NBK Capital Partners and the first investment in Africa. Moove is a mobility fintech that is Uber’s exclusive fleet partner

Nigerian AltSchool raises $1M pre-seed Funding to Bridge Entry-level Gap in Africa

Nigerian AltSchool raises $1M pre-seed Funding to Bridge Entry-level Gap in Africa

Nigerian Edtech platform providing curriculum to improve/upskill non-technical people with technical and soft skills while partnering with higher institutions to provide diploma certificates, AltSchool, has announced it raised $1 million in pre-seed funding to scale its efforts. The round featured Nigerian entertainer, Folarin Falana (Falz); Flutterwave Founder, Olugbenga GB

African Startups raised Over $475M in January. Promising!

African Startups raised Over $475M in January. Promising!

For African startups, it has become clear that the amount of funding committed to a particular sector directly affect the development, quality, and services generated from the sector. Funding maximizes the benefits available for a sector or unit and transmits a signal that the founders are willing to grow. Whether

Brimore raises $25 million in IFC led series A round to expand across Africa

Brimore raises $25 million in IFC led series A round to expand across Africa

Brimore, a Cairo-based social commerce platform connecting suppliers to community sellers, has closed a Series A round led by the World Bank’s International Finance Corporation (IFC) and early-stage investment venture capital firm, Endure Capital, with participation from Fawry, Flourish, Endeavor Catalyst Fund and the startup’s existing investors including

Nigerian fintech startup, Bamboo raises $15m Series A from Greycroft and Tiger Global

Nigerian fintech startup, Bamboo raises $15m Series A from Greycroft and Tiger Global

Nigerian brokerage app that lets Africans buy and trade US stocks in real-time, Bamboo, has announced it raised $15 million Series A funding round to accelerate its growth, move into new markets and launch more products. The round was led by Greycroft and Tiger Global with participation from Motley Fool

Nigerian Eazipay Inc. Joins the Y Combinator W22 Accelerator Program

Nigerian Eazipay Inc. Joins the Y Combinator W22 Accelerator Program

Eazipay Inc., a Nigerian startup that provides payroll and bookkeeping services to SMEs and corporates, has announced its participation in the Y Combinator Winter 2022 accelerator program. Based in Lagos, Nigeria, Eazipay designs Apps and APIs solutions for payroll and corporate taxes for small businesses and startups. With just one

Splendapp raises pre-Seed round from Saudi Angel Investors

Splendapp raises pre-Seed round from Saudi Angel Investors

Cairo-based mobile app developer, Splendapp, has announced it raised an undisclosed six-figure pre-Seed round from a cluster of Saudi angel investors. Splendapp is a mobile app creator offered as a SaaS solution launched in 2020 by Mohamed Khaled and Mohamed Shahin. The startup leverages an engine built to be used

Esusu raises $130M Series B to attain unicorn status, led by SoftBank Vision Fund 2

Esusu raises $130M Series B to attain unicorn status, led by SoftBank Vision Fund 2

Esusu, a New York-headquartered fintech startup that targets immigrant and minority groups and provides rent reporting and data solutions for credit building scores, announced on Thursday that it has raised $130 million in a Series B fundraising round. The round was led by SoftBank Vision Fund 2 with participation from

Tanzanian remittance platform NALA, raises $10 M in a new fundraising round

Tanzanian remittance platform NALA, raises $10 M in a new fundraising round

Tanzanian fintech, NALA, has raised $10 million in a fundraising round. NALA is a cross-border payment company that recently pivoted its services from local to international money transfers. Investors in this funding round include Amplo, Accel, and Bessemer Partners, with local investors like DFS Lab. Also partaking are angel investors

Ghanaian Fintech OZÉ raises $3M to scale startup

Ghanaian Fintech OZÉ raises $3M to scale startup

Ghanaian startup providing digital recordkeeping tools with embedded finance products for small and medium scale businesses, OZÉ, has raised $3 million in pre-series A funding round. The funding round was led by European venture capital firm Speedinvest, which invests in pre-seed, seed, and early-stage tech startups. Also participating in the

South Africa’s CompariSure Raises $980k Pre-Series A Funding

South Africa’s CompariSure Raises $980k Pre-Series A Funding

South African conversational commerce startup allowing personalized engagements between companies and users, CompariSure, has raised $980 K in a pre-Series A funding round to help it expand the usage of its chatbot technology. The round was led by HAVAÍC and featured 4Di Capital. The startup plans to use the funding

Vesti, a Migrant’s Banking App, Raises $500k In Pre-seed Funding

Vesti, a Migrant’s Banking App, Raises $500k In Pre-seed Funding

Vesti Technologies Inc announced that it has raised five hundred thousand dollars ($500,000) as part of a pre-seed funding round to improve its product platform, solidify its market penetration into the African market as well as increase its users base. Participants in the round include Oxygen Group, Microtraction, Prunedge

Uber launches UberMoto; a new mobility service in western Nigerian city

Uber launches UberMoto; a new mobility service in western Nigerian city

The ride-hailing platform, Uber, has launched UberMoto, a motorcycle ride-hailing service in the western Nigerian city of Ibadan. Through the Uber app, riders can access affordable and convenient rides on two wheels at a go, with a minimum fare of $0.24. The features using Ubermoto as the same for

South African TallOrder receives Additional $3M Series A Funding

South African TallOrder receives Additional $3M Series A Funding

South African developer of advanced cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, TallOrder Solutions Pty Ltd (TallOrder), has raised $3m in additional Series A funding. This takes the total funds raised by TallOrder to $5m since its founding in late 2014. The round

SA fintech startup, Floatpays raises $4m seed funding round, plans African expansion

Floatpays, a South African fintech startup has secured $4 million in an oversubscribed seed funding round to boost its expansion into the rest of African countries. Founded in 2019 by Simon Ward, Floatpays is a technology platform that enables on-demand access to pay, seamless savings functionality and financial literacy to

South African, Wamly Secures Funding From Knife Capital

South African, Wamly Secures Funding From Knife Capital

South African one-way video interview software startup, Wamly, has secured an undisclosed second round of investment from local venture capital firm Knife Capital to power its international expansion plans. As part of the deal, Knife Capital partner, Davey Gant will join the Wamly Board of Directors. Founded in 2018 by

Tunisian and London-based enterprise AI startup, InstaDeep raises $100M in series B round

Alpha Intelligence Capital

Tunisian and London-based enterprise AI startup, InstaDeep raises $100M in series B round

InstaDeep, an enterprise AI startup that specializes in creating decision-making systems for solving real-world problems has raised $100 million in Series B financing led by Alpha Intelligence Capital and CDIB. BioNTech,Chimera Abu Dhabi, Deutsche Bahn’s DB Digital Ventures,Google, G42 and Synergie participated in the round. InstaDeep was