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Pivo Africa Closes A Year After Securing $2 Million Funding
Pivo Africa, a Nigerian fintech startup, backed by Y-Combinator, has shut down prematurely after launching in 2021 and securing $2M funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Fintech Startup M-Kopa Expands West Africa’s Operations, Unlocks $10 Million in Digital Credit
The leading fintech platform expands its operations to Ghana, rapidly growing its reach on the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital inclusion, fintech, lending, scale, startups
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Nigeria’s Largest Lender Wants to Expand to Asia
Opening a subsidiary in Asia could enable the bank to serve customers in the region that is the largest non-African trading partner.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Rise of Embedded Finance in Africa: Three Fintech Innovators Highlight its Potential to Boost Financial Inclusion and Business Growth on the Continent
In Egypt and other African countries, recent years have seen growing usage of fintech tools to boost financial inclusion. Basil Moftah at Nclude explores the impact of one such tool: embedded finance, in which a financial product is placed within a non-financial product, customer experience or platform. He discusses how the emergence of embedded finance is revolutionizing business operations and providing a catalyst for digitization and growth, across sectors ranging from hospitality to agriculture and pharmaceuticals.
- Categories
- Finance
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InDrive Launches Ventures and M&A Arm to Invest $100 Million in Startups Across Emerging Markets
InDrive will be investing vertically and horizontally from the ride-hail industry, with an eye toward either acquiring or using the services of those companies.
- Categories
- Investing, Transportation
- Region
- Global
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Worldfirst to Expand Digital E-Commerce Solutions for Southeast Asian SMEs
WorldFirst’s innovative product, facilitated through the World Account, caters to SMEs across Vietnam, Thailand, the Philippines, and Malaysia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, e-commerce, fintech, MSMEs
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Cognna Secures $2.25 Million in Seed Funding Led by Impact46
COGNNA, a trailblazer in cybersecurity within the Middle East and North Africa region, has completed a seed funding round, amassing over $2.25m.
- Categories
- Investing, Technology
- Region
- North Africa & Near East
- Tags
- cybersecurity, fintech, startups
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Flutterwave Cleared as Kenyan Court Okays Agency’s Request to Withdraw Second Case
The case withdrawal brings relief to Flutterwave as it hopes to acquire a payments service provider and remittances license from the Central Bank of Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa