Fintechs arose due to the banking system’s low penetration and insufficient banking infrastructure. African countries have historically been hampered by a low level of financial inclusion. However, as mobile
Convergence Partners, a private equity investor in the Sub-Saharan Africa tech industry has invested $10 million in 42Markets Group, a financial and capital markets fintech incubator and investment group.
This
The UAE-based startup, Intellia has rolled out its Artificial intelligence-powered vetting and project delivery platform for finance, strategy and public policy.
The startup provides on-demand, 24-hour remote analysts for businesses
Saudi Arabian real estate technology startup Ajras has secured $533,000 in a pre-seed round from Angel investors.
Headquartered In Riyadh, Ajras connects small and medium-sized companies with real estate
The I’M IN entrepreneurial programme has announced the launch of its Ideation Incubator, a three-month programme dedicated towards female students with innovative technology start-up ideas.
With support from J.
Luno, a South African-founded cryptocurrency exchange, is leaving Singapore. The company said in a statement, “We regret to inform you that from June 20, 2023, Luno services will no longer
Afrika Tikkun Bambanani (ATB) has launched its edtech solution, the BambaLearn App. The app is an innovative solution aimed at transforming early childhood education in rural and underserved communities. It
The tech industry has witnessed massive layoffs due to reasons entrepreneurs such as unsteady economies. Thus, many of the world’s biggest technology companies such as Amazon, Microsoft, Twitter and
Capitec has revealed it will invest $77 million (R1.4 billion) in key projects, including digital services, as the bank looks to transition its consumers to cashless transactions. This was
The Africa Business Angel Network (ABAN) has launched two new angel networks to support startups in Africa’s smart cities and digital trade sectors. ABAN is the largest pan-African organization
Accelerex, a leading African fintech company, was awarded the Excellence in Commerce Enablement Award at the Africa Fintech Summit 2023, which took place on April 12th in Washington DC. The
Bank Zero, a digital-only bank, has announced a partnership with local fintech firm iKhokha. The Durban-based technology firm, founded in 2012 by Ramsay Daly, Clive Putman, and Matt Putman, will
