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Tyme Raises $77.8 Million to Fuel Global Expansion
Tyme, a global digital bank and the parent of South Africa's TymeBank has secured $77.8 million from Norrsken22 and Blue Earth Capital.
- Region
- Sub-Saharan Africa
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Blockchain-Based Lending Startup Jia Raises $4.3 Million for Expansion
Jia intends to use the newly acquired cash to further develop its operations in Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, lending, MSMEs
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M-Kopa Snaps up $250 Million+ Debt, Equity for Its Asset Financing Platform
M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” and the ability to pay for them via digital micropayments, has secured more than $250 million in new funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Groundbreaking Fingo Africa App to Bring Financial Inclusion to Africa’s Youth
The new app, powered by Ecobank, is set to revolutionize financial inclusion for young people in Kenya and across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Digital Finance Firm Nu México Announces Launch of Cuenta Nu in Mexican Market
The launch of a savings account is “a strategic step in Nu México’s plan to offer a complete portfolio of financial services products in the Mexico.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: Mastercard and Egabi Collaborate to Expand Access to Digital Lending Solutions Across Eastern Europe, Middle East, Africa
Mastercard will activate egabi’s digital-lending capabilities and assets to provide an end-to-end lending proposition to financial institutions and fintech companies.
- Categories
- Finance, Technology
- Region
- Global
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Funding Announced for African E-Commerce and Fintech Initiatives
The African Development Fund and the Smart Africa Alliance have jointly launched a US$1.5 million project to streamline digital trade and e-commerce policies across 10 African countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The African Development Bank Secures $525,000 Grant to Strengthen Fintechs in Africa
The Africa Fintech Hub is an online portal that would serve as a one-stop shop for all fintech activities in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa