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Africa-Focused Payment Firm Opay Raises $400 Million in Funding Round Led by SoftBank
OPay, an Africa-focused digital payment startup founded by a Chinese entrepreneur, said it has secured $400 million in its latest funding round.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Fintech Company CapitalSage Technology Raises $4 Million To Accelerate the Company’s Growth
CapitalSage Technology Limited's expansion is mostly driven by their agenda to provide sustainable and inclusive digital financial infrastructure.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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AC Ventures, Kenangan Fund Join Durianpay’s US $2 Million Round Led by Surge
Durianpay provides small e-commerce merchants with a one-stop solution for easy-to-integrate modern APIs and dashboards in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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Nigerian E-commerce Startup, Omnibiz, Secures $3 Million Seed Round To Expand Across West Africa
Nigeria-based Business to Business (B2B) eCommerce startup, Omnibiz has announced securing $3 million in a seed round.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Catalyst Fund Announces Its Latest Cohort of Companies Bringing Inclusive Fintech Solutions To Underserved Communities
PayPal joins as a new supporter as Catalyst Fund explores connections between digital finance and climate resilience.
- Categories
- Finance, Technology
- Region
- Global
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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Financial Inclusion During – And After – COVID-19: The 2021 Compass Survey Reveals the True Scale of the Challenges Ahead
COVID-19 has upended the global financial inclusion sector, causing immense new challenges for low-income clients, their households and businesses, providers, funders, and the broader ecosystem. The full extent of this impact won't be seen until the pandemic fully subsides, but trends are emerging. Sam Mendelson at e-MFP shares findings from the organization's most recent Financial Inclusion Compass survey, which asked a broad cross-section of stakeholders where they see these increasingly complex issues trending — and what they’d like to see in the future.
- Categories
- Coronavirus, Finance
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa