Corporate News Exceeded $1 trillion in cumulative transaction volume and $5 billion in assets under management. Completed the Service Organization Control (SOC) 2 audit conducted by Deloitte who measured the Security, Availability, Confidentiality, Processing Integrity, and Privacy of our online service. WhaleFin UK joined CryptoUK, the trade association for the UK’s crypto digital sector. Product [...] Read more ›
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Tanzanian startup Bizzyn has launched a full-featured business and financial management suite of products, engineered to scale with businesses as they grow. Initially built by Emmanuel Kimaro and Abbasi Mussa in 2019, Bizzyn formally started operations in November of last year. The startup has developed a financial and marketing platform for SMEs, which monitors finance, [...] Read more ›
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Three African startups have been selected to take part in the 12th edition of the SOSV MOX accelerator, receiving up to US$150,000 in funding and access to tailored support. SOSV provides multi-stage investment to develop and scale big ideas for positive change, investing in 150 companies every year through category-leading startup development programmes. The MOX [...] Read more ›
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Launched as Kazi in 2017, when the market was quite young, Kenyan startup Ziada returned after hiatus in 2021, and swiftly saw swift uptake of its platform, which helps informal sector service providers access more work opportunities. Co-founders Annabel Angwenyi and Patrick Ngugi have been business partners for more than a decade, yet their two [...] Read more ›
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In context of the Central Bank of Egypt’s endeavors, to promote the FinTech industry and provide a full-fledged understanding of the developments witnessed in this vital sector. FinTech Egypt -an initiative powered by CBE- is releasing the first report of its kind that provides a comprehensive and holistic overview of the unprecedented growth that Egypt [...] Read more ›
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SINGAPORE, 22 February 2022 — Amber Group, a leading global digital asset platform, today announced a $200 million Series B+ round led by investment company Temasek, with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others. A significant follow-up to Amber Group’s 2021 $100 [...] Read more ›
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Zurich (CH), 17 February 2022 – CLST Markets, an institutional-only lending and borrowing venue for stablecoins and crypto assets, has successfully facilitated an uncollateralized multi-million USDC stablecoin loan executed by Amber Group for the first time today. The fixed-term transaction was executed in the form of the first electronic promissory note for a stablecoin issued [...] Read more ›
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South African company Clickatell, which has become a global leader in chat commerce. has secured a US$91 million Series C round of funding to accelerate product development and expand its footprint in the United States (US). Clickatell is a global chat commerce leader, helping businesses to connect, interact and transact with consumers anytime, anywhere in [...] Read more ›
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Every day counts, so does every school day. This is because the primary rationale for high quality attendance data is the relationship between a student’s availability in class and the student’s achievement. As a teacher, one can make every single school day count since your effectiveness in learning facilitation is the strongest determinant of each student’s [...] Read more ›
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Kenyan startup MarketForce, a B2B platform for retail distribution of consumer goods and digital financial services, has closed a US$40 million Series A round to scale its merchant super app, RejaReja, across the continent. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is a B2B retail marketplace that empowers informal merchants in Africa [...] Read more ›
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South African startup Bitvice has launched to allow investors to buy bitcoin securely and immediately receive it to their own wallet. Founded last year, Bitvice is a bitcoin-only platform that allows investors to make simple secure orders, with automatic weekly, bi-monthly or monthly orders soon to be possible via an automatic Sats Stacker product. Bitvice [...] Read more ›
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Nine startups from across the continent have been selected to take part in Pitch Live at Africa Tech Summit in Nairobi this week, giving them the chance to promote their business on stage. A leading African tech event providing insight and networking within the African tech ecosystem. Africa Tech Summit brings together tech leaders, MNOs, [...] Read more ›
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Applications are open for the latest Westerwelle Young Founders Programme, which offers outstanding young entrepreneurs from developing and emerging countries six months of business mentoring and the chance to participate in the Young Founder Conference in Berlin. The Westerwelle Foundation for International Understanding supports collaboration between young entrepreneurs, executives and decision makers from around the [...] Read more ›
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Kenyan startup MarketForce, a B2B platform for retail distribution of consumer goods and digital financial services, has closed a US$40 million Series A round to scale its merchant super app, RejaReja, across the continent. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is a B2B retail marketplace that empowers informal merchants in Africa [...] Read more ›
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Kenyan open finance infrastructure startup Credrails has raised an undisclosed amount of seed funding as it works towards connecting the whole of Africa to its API. Launched in 2020, Credrails is building the open finance rails for Africa, connecting bank, mobile money and offline data into a single API that it then exposes to other [...] Read more ›
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Egyptian startup Mazadat has launched an auctioning platform and e-commerce marketplace that allows people to buy and sell directly with ease. Founded in May 2021, Mazadat allows individuals and businesses to sell their items and products, used or new using a time-boxed auction, a fixed-price ‘’buy now’’ listing, or a hybrid format, while buyers enjoy [...] Read more ›
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South African fintech startup BlackPay describes itself as a “no-frills, non-banking” multi-product platform established to champion financial inclusion for economically active yet marginalised communities. Formed in 2017, BlackPay operates a multi-product and multi-party platform and offering simplification of origination services in lending products and financial services. The startup has developed features that address the specific [...] Read more ›
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Building on the success of the 2018, 2020 and 2021 editions of CATAPULT: Inclusion Africa, we are excited to launch a special edition of CATAPULT: Inclusion Africa: special edition in Dubai focusing on the MENA region and delivered in Dubai. CATAPULT is a series of Fintech development programs produced in-house by the LHoFT Foundation, Luxembourg’s [...] Read more ›
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South African startup Zindi, a professional network of data scientists, has raised a US$1 million seed funding round to help it build on its impressive early growth. Launched in 2018 by Celina Lee, Megan Yates, and Ekow Duker around the belief that data science should be accessible to everyone, Zindi hosts a community of over [...] Read more ›
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FSD Africa and Nigeria’s National Insurance Commission (NAICOM) have partnered to launch BimaLab, an accelerator programme designed to boost the development and adoption of digital solutions for the insurance sector. BimaLab Nigeria aims to address gaps in the insurance market by educating, nurturing, and promoting innovators and insurtech startups. The programme will borrow from Kenya’s [...] Read more ›
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Most popular sources
Business Insider
|
28% 6 |
Gizmodo
|
22% 12 |
Tom's Hardware
|
15% 2 |
TechRadar
|
7% 5 |
Eurogamer.net
|
6% 2 |
| View sources » | |
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22.12.2025 01:16
Last update: 01:10 EDT.
News rating updated: 08:11.
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