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
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
The Cairo-based prop-tech startup, Nawy, announced the raise of an oversubscribed seven-figure Seed round led by the Sawiris family office. Other participants in the investment round include notable angels, including
54gene, the health technology company centered on advancing the field of African genomics to unlock scientific discoveries as well as improve diagnostic and treatment outcomes within Africa and the global
Dashen Bank, a leading financial institution in Ethiopia has partnered with Thunes, a Singapore-based global payments network, to facilitate the faster and cheaper remittance of money into Ethiopia from around
Cellulant Corporation, a leading payment company in Africa has secured the approval of the Bank of Tanzania (BOT) to operate as a Payment Solution Provider in Tanzania. This approval was
South Africa-based VC firm Vantage Capital has launched its fourth mezzanine fund. This fund will provide mid-sized African businesses with flexible capital that will enhance job creation and facilitate much-needed
RxAll, a Nigerian health tech startup that uses deep technology to provide quality medication to patients, has announced the raise of $3.15 million to scale across existing markets and
The Nigerian-based startup, SmartHotel, which develops software for the hospitality industry has secured a $1 million Pre Series A round to expand its services across Africa and Europe.
The funding
Nigerian investment platform, Chaka has announced the raise of $1.5 million in a pre-seed funding round led by global VC firm, Breyer Capital.
Other participants in the round include
Taager, an Egyptian social e-commerce platform empowering online merchants with end-to-end logistics has secured $6.4M in a Seed funding round, led by 4DX Ventures, a pan-Africa-focused venture capital firm.
Eventtus, an Egyptian interactive event platform that allows organizers to engage attendees has been acquired by Bevy, a California-based enterprise software startup for virtual conferences and community events.
Financial details