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Asante Closes First Tranche of $7.5 Million Series a Funding to Bridge the Gap in MSMEe Lending in Africa
Asante Financial Services Group announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact Foundation and Forsage Holdings.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs, scale
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Mastercard partners with Digital PayGo to drive secure payments for SMEs in Zambia
Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution, which will enable Small and Medium Enterprises to safely make and receive digital payments through various online channels.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Tala, Fintech for the Underbanked, Raises $145 Million To Expand Globally and Into Crypto
Fintech start-up Tala has raised $145 million in a Series E funding round that the company intends to use to expand borrow, save and money management options across Kenya, the Philippines, Mexico, India and the United States, including crypto offerings.
- Categories
- Finance
- Region
- Global
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Analysis: Google’s $1 Billion Africa Investment Sparks Tax Debate
Google's plans to invest $1 billion in Africa's tech infrastructure and talent over the next five years has sparked a debate over big tech's tax obligations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Fintech Startup, Mono Raises $15 Million Series A
Five months after closing $2 million in seed investment, Mono, a robust open banking platform for Africa has raised a $15 million Series A round to power the digital economy in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Cameroon’s Ejara Raises $2 Million to Offer Crypto and Investment Services in Francophone Africa
Ejara, a one-year-old company founded by Nelly Chatue-Diop, has raised $2 million to pioneer the usage of crypto and investment services in Francophone Africa.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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Backed by Greycroft, Klasha Gets $2.4 Million To Improve Cross-border Commerce in Africa
Klasha, a Lagos and San Francisco-based startup, sees a niche in cross-border commerce and provides multiple integrations and APIs to facilitate transactions in that space.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Zimbabwe Cracks Down on Currency Dealers on Social Media and Mobile Money Platforms
With the government cracking down on mobile money, the country’s financial woes may just worsen.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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