According to the South African Startup Ecosystem Report 2022, which was published today by the SA SME Fund, Nedbank CIB, and startup-focused news and research organization Disrupt Africa, South Africa
The South African API Fintech startup, Stitch, has introduced Stitch Payouts. The startup claims the solution will simplify and make it faster for businesses to pay clients, suppliers, partners, and
Nigerian Fintech giant, Paystack, has launched the Paystack Transfers Service for its South African customers. The startup announced the development yesterday via its blog page. According to the startup, businesses
Pan-African money transfer startup, Eversend has disclosed plans to raise additional capital in the coming weeks after growing transaction volumes 46-fold last year to $232 million.
The jump in transaction
Africa’s payment company, Interswitch, has raised $110 million in investment from LeapFrog Investments and Tana Africa Capital.
The investment will boost Interswitch’s plans to expand the digital payments
Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay Point. Other investors in the round include Helios Digital Ventures, British
Techstars, one of the most influential accelerators in Africa has announced the ARM Labs Lagos Techstars Accelerator for early-stage fintech and proptech startups across the continent.
The ARM Labs Lagos
Nigeria-based fintech startup, Afriex has announced the close of a $10 million Series A round to expand its blockchain money transfer platform.
This funding round was led by Sequoia Capital
Nigerian financial service startup Sudo Africa has secured $3.7 million in pre-seed funding. Sudo Africa is a card issuing API platform, that enables developers and businesses to issue physical
Kenyan financial infrastructure startup Credrails will close a deal worth $2.5 million in a seed funding round to connect Africa to its API.
The seed funding round was led
Nigerian fintech startup, Earnipay, has raised $4 million in seed funding to provide salary solutions to employees.
The seed round was led by venture capital firm Canaan, with participation from
African API fintech startup, Stitch, has announced the close of a $21 million Series A funding round to enhance its product offering and expand across Africa.
This comes after the
