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South Africa’s Street Wallet Raises $350K to Bring Cashless Payments to Informal Economy
Founded by Kosta Scholiadis in 2021, Street Wallet is a mobile payment solution built for informal traders and service providers in South Africa.
- Region
- Sub-Saharan Africa
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Mongolia’s AND Global Secures US $21.4 Million Series B to Drive Fintech Expansion in Southeast Asia
The capital will enable the expansion of AND Global's AI-driven solutions throughout Southeast Asia and launch new tools for MSMEs.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- financial inclusion, fintech, innovation, lending, MSMEs
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Visa Opens First African Data Centre in Johannesburg to Strengthen Fintech Infrastructure
The funding will be allocated towards building digital infrastructure, supporting local fintech firms, and providing training programs to enhance capacity across the sector.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Targets Network Expansion, Mobile Money in Safaricom Battle
Kenya’s second-largest telecoms company grew faster than its larger rival in the first four months of this year, but wants to ramp that pace up.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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NG.CASH Closes $26.5 Million Series B Funding in Brazil
Led by CEO Mario Augusto Sá, CEO, NG.CASH offers a comprehensive suite of fintech products.
- Categories
- Finance, Technology
- Region
- Latin America
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HAVAÍC Reaches $25 Million Second Close for African Tech Fund
The fund, targeting a final close of $50 million, focuses on early-stage, post-revenue technology startups born in Africa with global potential.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Orange Money and JUMO Partner to Offer Small Loans Across Africa
Orange Money Group and banking-as-a-service financial provider JUMO have partnered to enhance digital financial services across Africa through a new small loan function.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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M-Kopa Lawsuit Alleges Racial Disparity in Employee Equity, Firm Says Claim Is Baseless
". . . if the case proceeds, it could set a precedent for how employee equity is handled and how local courts view the responsibilities of global investors and holding companies operating in the Kenyan market."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
