Nigeria-based credit-led neobank FairMoney, which aims to give underbanked people access to digital financial services, has raised US$42 million in Series B funding as it begins to expand into other emerging markets. Founded in 2017 by Laurin Hainy, Nico Berthozat and Matthieu Gendreau, FairMoney is using loans as a launching pad for its future bank [...] Read more ›
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Nigerian fintech startup TeamApt, which provides financial services for the underserved mass market in Africa, has announced the completion of its Series B funding round as it looks to expand in the aftermath of switching its focus from B2C from B2B. Launched in 2015, TeamApt was formed to solve inefficiencies in Nigeria’s growing digital financial [...] Read more ›
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Brown and Ayo, an aspirational lifestyle hair brand focused on natural hair styles and trends for black women in South Africa, has raised ZAR4 million (US$276,000) in funding from female-focused VC firm Enygma Ventures. Since 2019, Brown and Ayo has been providing a range of natural hair extensions created to mimic black natural hair textures [...] Read more ›
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Nigerian fintech startup Cowrywise has been granted a Fund/Portfolio Management License by the country’s Securities and Exchange Commission (SEC), enabling it to operate as a fully fledged funding management company. Launched in 2017 by Razaq Ahmed and Edward Popoola, Cowrywise offers easily accessible, goal-oriented savings and investment products with more competitive performance rates than traditional [...] Read more ›
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The Tony Blair Institute for Global Change (TBI) and Norway-based accelerator Katapult have formed a partnership to support impact-tech startups in Africa. TBI aims to equip political leaders and governments with the tools they need to create open, inclusive and prosperous societies in a globalised world, and has been working alongside the government of Rwanda [...] Read more ›
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Nigerian startup Ogelle is an an online video-sharing resource and entertainment platform entirely focused on African content, aiming to help creators share and monetise their projects. Launched in 2019, Ogelle is a user-generated content and subscription video-on-demand platform with pan-African coverage in terms of diversity of content themes, content creation and representation in languages. “Ogelle’s [...] Read more ›
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South Africa has joined the growing list of countries that have introduced a tax regulatory framework on cryptocurrencies. What does this mean for crypto investors? Read on to find out. The growing list of innovative use cases and benefits of virtual currencies is increasingly making them gain a stronger footing in international business. This has [...] Read more ›
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Nigerian e-health startup MDaas Global has raised a US$2.3 million seed extension funding round to help it launch a new service – SentinelX – and expand across the country. Founded in 2017 by Oluwasoga Oni, Opeyemi Ologun, Genevieve Barnard Oni, and Joseph McCord, MDaaS Global is building and operating a network of modern, tech-enabled diagnostic [...] Read more ›
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Egyptian startup Odiggo, a digital marketplace for automotive spare parts, clocked up one million users over the course of last year, has expanded to the United Arab Emirates (UAE). Founded in 2018, Odiggo links customers with vendors in order to purchase car parts and accessories. It ensures users get the correct, best quality car parts [...] Read more ›
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Ghanaian logistics startup Jetstream Africa has announced a US$3 million debt and equity seed funding round to support its mission to enable businesses on the continent to see and control their cross-border supply chains. Founded in 2018, Jetstream is a cross-border logistics technology company that develops digital solutions for cargo owners and logistics providers at [...] Read more ›
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Africa’s fintech sector is growing and maturing, with more startups active in the space than ever before, platforms increasingly offering a variety of services, and investment and acquisitions taking place to an unprecedented degree. Every two years since June 2017, startup-focused news and research company Disrupt Africa has released the Finnovating for Africa publication, which [...] Read more ›
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Ghanaian fintech startup Zeepay has completed a US$7.9 million Series A funding round to help it further expand. Zeepay is focused on digital rails to connect digital assets such as mobile money wallets, cards, ATMs, bank accounts and digital tokens to international money transfer operators, payments, subscriptions, international airtime and refugee payments. The startup has [...] Read more ›
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Nigerian fintech startup Chaka has acquired the Digital Sub-Broker/Sub-Broker Serving Multiple Brokers Through a Digital Platform License from the Securities Exchange Commission of Nigeria (SEC), in line with its measures to ensure its regulatory compliance. Chaka is a platform that provides tech services, marketing, customer service and operations to brokers on behalf of their customers. [...] Read more ›
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Africa’s fintech sector is growing and maturing, with more startups active in the space than ever before, platforms increasingly offering a variety of services, and investment and acquisitions taking place to an unprecedented degree. Every two years since June 2017, startup-focused news and research company Disrupt Africa has released the Finnovating for Africa publication, which [...] Read more ›
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Malagasy ed-tech startup Sayna has secured a round of funding to help it expand access to its training programme and lauch new platforms. Launched in 2018, Sayna aims to provide quality training in the digital sector in Africa, and offer professional opportunities to young people by bridging the gap between the growing demand of companies [...] Read more ›
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Kenyan fintech startup Koa has partnered with leading diversified financial services group Britam Asset Managers to enable more Kenyans to access savings and investments services. Launched last year by Alexis Roman and Delila Kidanu, Koa is a digital savings app, designed to offer Kenyans an easy way to put money aside toward their goals and [...] Read more ›
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According to a World Bank report released last year, “State and Trends of Carbon Pricing 2020”, there has been significant progress in the fight against global warming, but there is much more to be done. More than 70 countries have committed to working toward net zero emissions by 2050, and to enhance their international climate [...] Read more ›
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Egyptian startup Minly, a platform empowering stars to create authentic, personalised connections with their fans across the MENA region, has closed an oversubscribed US$3.6 million seed round to extend its products and services. Co-founded last year by Mohamed El-Shinnawy, Tarek Hosny and Bassel El-Toukhy, Minly allows users to buy personalised video messages and shoutouts from [...] Read more ›
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South African startup VALR, one of the country’s largest crypto exchanges, has launched VALR Pay, a free, fast and easy way to send ZAR payments to any mobile number or email address. Disrupt Africa reported in early 2019 that the Johannesburg-based VALR had launched its digital asset trading platform after securing US$1.5 million in a [...] Read more ›
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Applications have opened for the latest edition of the VC4A Venture Showcase, an exclusive programme for Africa-focused early-stage investors and hand-picked startups looking to raise their seed (US$250,000 to US$1.5 million) and Series A (US$1.5 million to US$10 million) rounds. Back in its 5th edition as part of the annual Africa Early Stage Investor Summit, [...] Read more ›
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Most popular sources
Business Insider
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26% 8 |
Tom's Hardware
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20% 10 |
The Verge
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14% 9 |
Gizmodo
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7% 17 |
Slashdot
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7% 2 |
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23.12.2025 06:20
Last update: 06:16 EDT.
News rating updated: 13:12.
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