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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
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Mastercard, Mercado Libre, Common Cents Lab, and IDB Join Forces to Improve Financial Resilience Among Entrepreneurs and Gig Workers
While the pandemic has upended our personal finance habits, small changes in our routine can make a big difference.
- Categories
- Coronavirus, Finance
- Region
- Global
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Amazon, Safaricom Explore Enabling M-Pesa Wallets on Amazon
Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon’s eCommerce platform, Bloomberg reported.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigerian Fintechs Score Big on the Funding Front as Investors Spot “Final Frontier” Opportunities
We have not even reached the halfway point of 2021, but already it seems nailed on that the year will break all sorts of funding records – with the surge in investments led by the Nigerian fintech space.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard and Billetera Partner to Drive Digital Financial Inclusion in Democratic Republic of Congo
Mastercard has announced partnering with Billetera, a leading digital payments technology company headquartered in Kenya, to provide unbanked and financially excluded residents in the Democratic Republic of Congo (DRC).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Remittances to Some Emerging Markets Grow in Q1 Despite Pandemic-Induced Headwinds
Georgia, Jordan, Pakistan and Morocco recorded growth in remittances during the first quarter
- Categories
- Coronavirus, Finance
- Region
- Global
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Alliance for a Green Revolution in Africa Partners With Aceli to Enhance Capital Flows for SMEs in Agriculture Sector
AGRA and Aceli have signed a letter of intent committing to jointly work together to test and scale up innovations that substantially drive down the cost and risk of financing SMEs in the agriculture space.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Hubtel Partners Visa for Seamless Payments of Its E-commerce Platform
Hubtel, an indigenous eCommerce & SMS messaging company, has entered into a partnership with Visa, to expand access to seamless payments on its eCommerce platform.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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