Kuda Bank, a London-based, Nigerian operating startup that prides itself as the “bank of the free”, working to provide cheaper and personalized mobile banking services to Africans has secured $55 million in a Series B round to accelerate its expansion across Africa. The Series B funding which was an inside

Swvl, a Cairo-born, but Dubai headquartered ride-sharing startup has disclosed on Tuesday that it is going public by merging with a special purpose acquisition company (SPAC). The mobility startup said it’s merging with Queen’s Gambit Growth Capital, a women-led SPAC, which will see the startup’s valuation rise

In a blog post released on their Medium platform, Nigerian fintech startup, Piggyvest has announced its acquisition of a smaller competitor, Savi.ng. Prior to this acquisition, Savi.ng was a wealth management app that helps users save money using diverse features such as automated savings, fixed deposits, joint savings

Autochek, the automotive technology company facilitating auto financing across Africa, has announced a partnership with Appzone Group, the continent’s leading FinTech organization, to provide Nigerians with quick and flexible access to car financing. The partnership will see the Autochek platform integrating with Appzone’s proprietary digital core banking service,

Julaya, an African fintech startup with offices in Ivory Coast and France has secured US$2 million in a pre-Series A round to grow and expand its product in West Africa. The startup had previously raised $250,000 in 2018 and US$550,000 in 2019/2020. It has now

South Africa based insurtech startup, Pineapple has recently announced the raise of a $3.4 million Series A round to expand its footprints in the car insurance space. Participants in this round include Lireas Holdings, the ASISA Enterprise and Supplier Development Fund, E4E Africa, Vunani Capital, and Old Mutual’s

Cairo-based grocery delivery startup, GoodsMart, has raised $3.6M in a round led by Sawari Ventures, to accelerate market expansion. GoodsMart will be using the investment to further accelerate its expansion across the market and to expand its team. GoodsMart is now covering West Cairo and will be expanding in

Omnisient’s recent recognition by the World Marketing Congress proves yet again that the African continent is producing some astonishing scale-ups and entrepreneurs, along with innovative solutions to complex challenges. On 15 July, Omnisient was awarded the prestigious South African Best Brands citation at the CMO Asia Brand Leadership Awards

Yoco, a South African payments, and software startup have announced the raise of $83 million in a Series C funding round to accelerate the development of its platform and expand internationally. One of the major backers in the round includes Dragoneer Investment Group, making its Africa investment debut. The fund

PayQin, a cross-border payment startup that operates a comprehensive e-wallet service for the underbanked in West Africa, is announcing a new €300K seed investment round that takes the company’s funding up to $1 million. The startup has a tall ambition to reach one one million daily transactions in a