South African Crypto platform, Luno announced on Wednesday that it has onboarded 10 million users across 40 countries into its platform.
Founded by Marcus Swanepoel and Timothy Stranex in 2013,
Umba, a Lagos-headquartered digital banking platform announced that it has secured $15 million in VC firm Costanoa Ventures-led series A round to expand into new markets in Africa.
Alongside a
Egypt-based healthtech startup, Rology has raised an undisclosed pre-Series A round from Egypt Ventures, Sequence Ventures, Waseel, Tawaref, and Viktoria Ventures, alongside previous investors including HIM Angels, AAIC, DAI, and
Shift EV, an Egypt-based electric vehicle startup, has raised an undisclosed Series A round, led by the startup’s existing investors; Union Square Ventures, Algebra Ventures, Wamda, and was joined
Nigerian fintech startup, Lemonade Finance, has announced it is expanding its services to seven new markets, namely Senegal, Ivory Coast, Benin, Cameroon, Tanzania, Rwanda, and Uganda.
Founded in 2020 by
Pylon, an Egyptian infrastructure management start-up for emerging water and electricity utilities, has received a seed round of $19 million. The United States-based Endure Capital, backed by British International Investment
Agritech has become a beacon of hope in the commercialization of the Agricultural industry among African Nations. Applying tech has bolstered the efficiency, sustainability, and profitability of agricultural processes and
Visa, a leading digital payment company that accelerates payments between consumers, merchants, financial institutions, and government organizations in over 200 countries and territories, has inaugurated an Innovation Studio in Nairobi,
Sprints, an Egypt-based edtech start-up, that specializes in giving youth from the Middle East and Africa region a customized learning journey to advance their career in software development has raised
ShapShap, a Nigerian on-demand delivery startup, has closed a seed extension round led by V8 Capital Partners to accelerate its development beyond its existing base of operations in Nigeria and
According to research, 51% of 44 million formal SMBs in sub-Saharan Africa cannot access finance. Each day, African SMBs have billions locked up in receivables due to long payment cycles.
ImaliPay, an African one-stop-shop financial services platform, has raised a $3 million seed in debt and equity round to extend financial services to underserved gig workers in Africa.
Leonis Investments
