Nigerian fintech startup Earnipay, which provides flexible and on-demand salary access to income-earners, has closed a seed round of US$4 million to scale its offering. Founded by Nonso Onwuzulike last year, Earnipay integrates employer payroll and HRM systems to enable on-demand financing for employees to access their earned salary instantly, without interest. Its solution helps [...] Read more ›
9
Moroccan transport management software provider Freterium has announced it closed a US$4 million seed round in December, which it will use to fuel growth and serve more companies across Africa and the Middle East. Launched in 2020 by Mehdi Cherif Alami and Omar El Kouhene, Freterium has developed transport management software that connects shippers with [...] Read more ›
4
Nigerian startup Meeula has launched a smart lead-generating business card to help corporate professionals, entrepreneurs and business owners to network more effectively. Formed in May 2021, Meeula allows users to exchange contacts at events, conferences, meetings or meetups with just a single tap. “Instead of professionals getting to order paper cards again and again, they [...] Read more ›
33
The Creative Economy Practice at Nigerian innovation centre Co-Creation Hub (CcHub) has launched a call for applications for its Createch Accelerator Programme, aimed at founders and teams running businesses at the intersection of technology and creativity. The Createch Accelerator focuses on companies using innovation or technology to enhance value chains across the African creative economies, [...] Read more ›
18
Nigerian venture capital (VC) firm LoftyInc Capital Management made 92 investments across 2021, with 65 of those in African tech startups. LoftyInc Capital Management is a venture capital firm on a mission to “build an ecosystem of Africans investing in Africans solving African problems”. In September, the firm announced the first close of its US$10 [...] Read more ›
27
Nigerian fintech company Flutterwave has raised US$250 million in Series D funding to drive its expansion plan, tripling its valuation to over US$3 billion in the process. Launched in 2016, Flutterwave builds modern payments technology and infrastructure for Africa to enable people and businesses to connect with the global economy. Its solution enables banks and [...] Read more ›
0
Nigerian startup CrowdForce, a Y Combinator-backed agency banking platform, has raised a US$3.6 million pre-Series A funding round to increase its PayForce agent network three-fold this year to deepen its financial service offerings to underserved Nigerian communities. Initially established by Oluwatomi Ayorinde and Damilola Ayorinde in 2015 as Mobile Forms, a data analytics platform that [...] Read more ›
26
Gozem, the super app already operational in Lome, Cotonou, Libreville, and several other West African cities, has announced the launch of its taxi-booking service in Douala, Cameroon. Launched in Togo in November 2018 as a taxi-hailing service, Gozem operates in 12 cities across Togo, Benin, Gabon and Cameroon, with more than one million downloads and [...] Read more ›
3
Egyptian browser-based shopping platform Wasla has raised US$9 million in funding from Contact Financial Holding to assist with its product rollout and regional expansion. Founded in 2019 by Mahmoud El Said, Serag Meneassy, and Taymour Sabry, Wasla is the first emerging markets mobile web browser and desktop extension optimised for online shopping. The startup helps [...] Read more ›
18
South African student accommodation marketplace DigsConnect now has over one million listed beds. Launched by Alexandria Procter and Greg Ramsay-Keal in 2018, the DigsConnect platform allows landlords, estate agents and property managers to post their property listings, with students then searching and filtering through these listings to find accommodation that suits their needs, and also [...] Read more ›
0
Egyptian fintech startup MoneyHash, which uses a universal API and a unified checkout experience to help businesses consolidate and grow their payments and financial tech stack, has announced a US$3 million pre-seed funding round as it emerges from beta to launch across the Middle East and Africa. Founded in late 2020 by Nader Abdelrazik, Mustafa [...] Read more ›
20
Kenyan wealth-tech startup Ndovu has launched operations after securing a pre-seed funding round back in October, aiming to provide users with easy access to global financial markets. Founded in 2020 by Radhika Bhachu, Ro Nyangeri and Gianpaolo De Biase, and available on iOS and Android, Ndovu allows users to invest as little as KES5,000 (US$50) [...] Read more ›
3
Imagine a world where every time you shared a link with a friend, you got paid. How many TikTok videos have you shared since the week started?? What if every time you generated buzz online, you got a tip? This is the future of advertising that Cliqki is building. Cliqki is an ad-tech platform and [...] Read more ›
0
Nigerian startup Remedial Health has raised US$1 million in pre-seed funding to accelerate its growth and drive expansion of its BNPL offering, as it also confirms its participation in the W22 batch of the Silicon Valley-based Y Combinator accelerator. Founded in 2019 by Samuel Okwuada and Victor Benjamin, Remedial Health delivers a range of technology [...] Read more ›
33
Nigerian startup Duplo, which works to digitise payment flows for B2B companies, has raised a US$1.3 million pre-seed round as it also confirms its participation in the W22 batch of the Silicon Valley-based Y Combinator accelerator. Founded by Yele Oyekola and Tunde Akinnuwa in September 2021, Duplo allows B2B companies to automate payment inflows, reconcile [...] Read more ›
27
South African API fintech startup Stitch has raised a US$21 million Series A funding round to expand its team, launch new product offerings, and enter new markets across the continent. The Stitch API allows developers to connect apps to financial accounts within minutes, allowing their users to share their transaction histories and balances, confirm their [...] Read more ›
9
Egyptian prop-tech startup Nawy has raised a US$5 million seed funding round to help it expand across the region. Founded in 2016 by Mohamed Abou Ghanima, Abdel-Azim Osman, Ahmed Rafea, Aly Rafea, and Mostafa El Beltagy, Nawy allows users to browse houses online using customisable criteria such as unit space, price and location. So far, [...] Read more ›
6
IFC, a member of the World Bank group, has invested US$10 million in Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital. IFC is the largest global development institution focused on the private sector in emerging markets, while Knife Capital is a venture capital investment manager that accelerates the [...] Read more ›
0
South African big data startup The Awareness Company has been selected for Microsoft South Africa’s AgriTech Programme, securing equity investment in the process. The Awareness Company was formed in April 2018, with the team having previously worked together within research, development and innovation in the public sector. The startup uses data-driven storytelling to help people, [...] Read more ›
17
Egyptian life sciences and biotech startup Nawah Scientific has secured funding from the Cairo Angels Syndicate Fund (CASF) as part of its ongoing Series A round. Founded in 2015, Nawah Scientific is an online platform that receives experiment requests, collects samples, conducts tests and returns results digitally. Its aim is to enable scientists to conduct [...] Read more ›
57
Most popular sources
Business Insider
|
46% 18 |
CNET
|
9% 5 |
The Verge
|
8% 4 |
Tom's Hardware
|
7% 4 |
Wired
|
5% 2 |
| View sources » | |
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30.11.2024 16:47
Last update: 16:40 EDT.
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