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SVB-Led $100 Million Investment Makes Chipper Cash Africa’s ‘Most Valuable Startup’
Chipper Cash, a three-year-old startup that facilitates cross-border payment across Africa, has closed a $100 million Series C round to introduce more products and grow its team.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Women Can Add $14.57 Billion to E-Commerce in Africa, According to IFC Research
The e-commerce market in Africa could grow by more than $14.5 billion between 2025-2030 according to an IFC report published yesterday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Agri Fintech Startup Mozare3 Raises Seven-Figure Capital in Pre-Seed Round
Mozare3, an emerging Agri-FinTech startup from Egypt has announced that it raised substantial capital in a pre-seed round led.
- Categories
- Agriculture, Finance, Technology
- Region
- North Africa & Near East
- Tags
- fintech
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African Fintech Opay Is Reportedly Raising $400 Million at Over $1.5 Billion Valuation
Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Flutterwave Partners Amole to Drive Seamless Remittance and Financial Inclusion in Ethiopia
Nigerian Fintech company, Flutterwave has partnered with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate remittance into Ethiopia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ugandan Fintech, Ensibuuko Raises $1 Million Funding to Drive International Expansion
Ugandan fintech startup, Ensibuuko has announced a funding of 1 million dollars from an impact investor, FCA Investments.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigeria’s Mono Raises Millions to Power the Internet Economy in Africa
Three months later, the startup has a different mission: to power the internet economy in Africa. It has closed $2 million in seed investment toward that goal.
- Region
- Sub-Saharan Africa
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African Fintech Startups Still Face Major Funding Gaps
The number of early-stage deals among African fintech startups is increasing, but the average size of the deals remains low compared to that of other regions, and funding gaps persist at the early stages, according to a new report on the industry in emerging markets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa