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Nigerian Blockchain Fintech Startup Zone Raises $8.5 Million Seed
Zone, a Nigerian blockchain fintech has secured $8.5 million in a seed round led by Flourish Ventures and TLcom Capital.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, fintech, remittances, startups
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Visa and ACCOSCA to Boost Access to Financial Services in Kenya and Tanzania
The FIKT project will provide innovative and affordable financial products and services to the targeted demographics.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Leatherback Partners with YES BANK to Improve Remittances and Payouts in India
Leatherback claims to be the first Africa-focused fintech company to offer INR remittance payouts.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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From Proxy IDs to Autonomous Payments: Why the Future of Financial Services is Hyper-Efficiency
Despite the rise of digital banking and other technological advancements, financial services are still plagued by significant inefficiencies. Author and serial entrepreneur Arunjay Katakam explores the causes and consequences of these inefficiencies — including their impact on lower-income customers — and discusses some emerging innovations that are addressing them. He explains why the sector's growing efforts to streamline back-end processes, reduce transaction costs and enhance operational efficiency will be pivotal in shaping the future of financial services.
- Categories
- Finance, Technology
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Report: African Startups Raised $217 Million in February 2024
From a sector point of view, Logistics & Transport represented nearly half of all the funding, thanks to Moove, followed by Healthcare, Fintech, and Energy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Brazilian Fintech CloudWalk Reports $320.5 Million in Revenue and $22.3 Million in Profits in 2023 as it Prepares for U.S. Launch
Brazilian fintech pioneer and creator of the InfinitePay brand, today announced that it achieved total revenue of $320.5 million in 2023, a 41% increase year-over-year.
- Categories
- Finance, Technology
- Region
- Latin America
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MTN Aims to Double its Mobile Money Lending in Uganda to Shs1 Trillion This Year
MTN says it will this year double mobile money lending from Shs550b to more than Shs1 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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