Nigerian fintech startup Bankly has secured US$2 million in seed funding to accelerate its consumer acquisition and offer direct-to-consumer (DTC) products to Nigeria’s unbanked and underbanked populations. Founded in 2018, Bankly is digitising the informal “thrift collections” system – known as ajo, esusu and adashe – that is widely used among Nigerians working in the [...] Read more ›
0
Startupbootcamp AfriTech and Telecel Group have opened applications for the Africa Startup Initiative Programme (ASIP), which aims to support the next generation of early-stage African tech startups disrupting a wide range of sectors. Startupbootcamp AfriTech was launched in 2017 as the first multi corporate-backed pan-African startup accelerator. For its latest programme, it has partnered with [...] Read more ›
5
Startup-focused news and research company Disrupt Africa has announced it is to make Finnovating for Africa 2021, the third edition of its deep-dive into the continent’s fintech space, free to all as part of an open-sourcing initiative alongside partners that include payments company Flutterwave and VC firm GreenHouse Capital. Every two years since June 2017, [...] Read more ›
1
Yesterday, 10 African tech startups took part in the Y Combinator Winter ‘21 virtual demo day, pitching to an audience of investors and other interested parties. The Y Combinator Winter 2021 batch sees selected startups receive US$125,000 in seed funding as well as further investment opportunities at a demo day In all, 274 companies from [...] Read more ›
2
South African digital fintech enablement provider Ukheshe Technologies is expanding its operations internationally after raising US$2 million in equity and debt funding in November of last year. Ukheshe’s technology platform helps banks and telecoms provide SMMEs with affordable digital banking and payment services, with client acquisition, onboarding and distribution costs that are a fraction of [...] Read more ›
1
The Pan-African Fintech Accelerator has selected 10 fintech startups to participate in the maiden edition of the six-month virtual acceleration and immersion programme. Disrupt Africa reported in December the Entrepreneurship Academy of the SANAD Fund for MSME in partnership with IMPACT Lab and MEST had announced an accelerator programme for high-potential technology businesses looking to [...] Read more ›
1
Ghanaian e-health startup Redbird has closed a US$1.5 million seed round to expand access to rapid medical testing and digitised health records in Sub-Saharan Africa. Launched in 2018, Redbird provides patients with easy access to their digital health records via five-minute tests available at community pharmacies. Its pharmacy platform is currently available at over 350 [...] Read more ›
3
South African startup Selpal, a “virtual distribution platform” that provides an electronically-enabled route to market for FMCG manufacturers and financial service providers, has been acquired by First National Bank (FNB). Founded 2013, the Gauteng-based Selpal integrates the entire supply chain – from manufacturer all the way down to the end customer who is shopping with [...] Read more ›
1
Ghanaian end-to-end digital farming platform Complete Farmer has raised an undisclosed amount of funding from Ingressive Capital as it plans to expand into other markets. Founded in 2017, Complete Farmer allows users to own shares in tech-enabled farms. Over the past three years, it has implemented a crowd-farming model with a total of 7,200 acres [...] Read more ›
1
Applications have opened for the third edition of the Land Accelerator, a Nairobi-based skills-building programme and curated network for entrepreneurs who restore degraded forests and farmland. The Land Accelerator has been held twice in Africa, and is returning to Nairobi for the third time in October this year. The programme will also be launching in [...] Read more ›
1
Y Combinator-backed fintech startup Afriex has raised a seed funding round worth US$1.2 million as it bids to scale its payments and remittances platform across Africa. Founded in late-2019, Afriex provides instant, zero-fee transfers to Africans at home and in the diaspora. The startup’s platform allows users to deposit cash on the app, send money [...] Read more ›
1
Ten African tech startups that took part in the Y Combinator Winter ‘21 batch will today pitch to an audience of investors and other interested parties at a virtual demo day. The Y Combinator Winter 2021 batch sees selected startups receive US$125,000 in seed funding as well as further investment opportunities at a demo day [...] Read more ›
2
Nigerian startup Kwik Delivery, an on-demand, last-mile delivery platform that connects businesses to independent delivery riders dubbed Kwiksters, has closed a US$1.7 million pre-Series A funding round to help it speed its growth. Disrupt Africa reported in July 2019 on the launch of Kwik in Lagos after the startup raised seed funding, and it saw [...] Read more ›
1
The biggest challenges being faced by tech hubs in South Africa are around funding security, under-staffing and a lack of local specialised skills, according to new research. The UK-South Africa Tech Hub, a UK government initiative delivered by the British High Commission, has conducted research into the challenges and needs of tech-focused entrepreneur support organisations, [...] Read more ›
1
Globally-renowned virtual accelerator HexGn has launched its flagship Startup Ready programme for African entrepreneurs in partnership with Lagos-based hubs Passion Incubator, Leadspace, and HubOne by FCMB. Startup Ready by HexGn is an online acceleration programme created by entrepreneurs for entrepreneurs to help participants transform ideas into businesses. It is aimed at anyone in the early [...] Read more ›
1
Rwandan startup Inuma Technology has built up a portfolio of solutions designed to bring the concept of the smart city to Kigali’s residents. Founded in 2017, Inuma has eschewed the usual startup practice of focusing on, and becoming a leader in, one vertical, and instead developed a host of products with a common goal – [...] Read more ›
1
The newly-launched ArifPay, Ethiopia’s first mobile point of sale (MPOS) system, has raised US$3.5 million in funding as it begins nationwide rollout. Built by the team behind taxi app ZayRide, ArifPay was established as a business in February and will launch operations in April once it receives its licence from the National Bank of Ethiopia [...] Read more ›
1
Egypt-based e-commerce platform zVendo raised a six-figure US dollar seed funding round to support its bid to become a local e-commerce hub for the country. Founded in 2018 by Sameh Abdel Fattah and Tarek Bakry, zVendo is an e-commerce SaaS platform that enables businesses to start selling online through various advanced sales channels. The platform [...] Read more ›
2
Applications have opened for a new accelerator programme premised on leveraging the law to help African tech startups scale. The Africa Startup Law Accelerator, which claims to be the first of its kind in Africa, is an initiative of The Lawyers Hub in partnership with HYBR South Africa, GoDo Hub Nigeria, and Tech Build Africa. [...] Read more ›
0
Nigerian digital banking startup Kuda has announced a US$25 million Series A funding round in order to help it fund its aggressive growth plan. Launched in 2016 as lending platform Kudimoney, Kuda rebranded in June of 2019 and received a banking licence from the Central Bank of Nigeria (CBN) to launch a full service digital [...] Read more ›
3
Most popular sources
Business Insider
|
23% 4 |
The Verge
|
22% 18 |
Tom's Hardware
|
10% 12 |
Slashdot
|
9% 4 |
Android Authority
|
5% 0 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
23.12.2025 17:02
Last update: 16:55 EDT.
News rating updated: 23:51.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.