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Emerging Markets Lender Lendable Seeks $100 Million to Fund Fintech Companies
Emerging markets fintech financier Lendable is targeting to raise a $100 million fund to invest in African and Asian fintech companies.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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South Africa API Fintech Stitch Expands to Nigeria; Extends Seed Round to $6 Million
South African API fintech startup Stitch has extended its seed round to US$6 million from the US$4 million announced earlier in the year, and at the same time confirmed its expansion into Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Digitalisation of Financial Service Providers To Serve Low-income Customers
The World Savings and Retail Banking Institute (WSBI)’s programme for financial inclusion, Scale2Save, launched ‘A case study on connecting with low-income customers through digitalisation.’
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South Africa’s RecoMed Raises $1.5 Million To Scale Its Online Healthcare Marketplace
South African online healthcare marketplace RecoMed has raised a $1.5 million financing round, the company confirmed to TechCrunch.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Ventures Platform, Hustle Fund Back Nigerian Fintech Brass in $1.7 Million Round
Aside from full-stack financial needs, including credit, small and medium businesses require other essential resources to understand their financial operations. Brass is a Nigerian fintech tackling these challenges by providing banking services to small and medium businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Pismo Raises $108 Million Series B Led by Softbank, Amazon and Accel To Enable Cloud-native Financial Services Globally
Pismo, the cloud-native core banking and payments platform, announced the signing of a $108 million Series B fundraising round.
- Categories
- Finance
- Region
- Global
- Tags
- data, fintech, infrastructure, innovation
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Alsoug Raises $5 Million in First Foreign Funding Into Sudanese Tech in 30 Years
While an African country like Nigeria has recorded close to 50 investment deals this year alone, this investment round marks the first foreign venture capital investment into the Sudanese tech ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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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