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Nigerian Ethical Credit-Recovery Fintech Bfree Secures $1.7 Million, Expands to Asia, Europe, South America and Across Africa
Bfree, a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tugende Raises $17 Million in Debt to Expand Vehicle, Equipment Financing for MSMEs in Kenya, Uganda
Tugende, a financial technology (fintech) firm specializing in vehicle finance in Uganda and Kenya, recently raised USD 17 million in debt funding.
- Categories
- Finance, Transportation
- Region
- Sub-Saharan Africa
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Kenyan Fintech Startup Paylend Raises $2 Million Seed Funding
Kenyan fintech startup Paylend has raised US$2 million in seed funding to expand operations at home and launch in Tanzania, Zambia and Nigeria.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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Paylend, a Kenyan FinTech Company Raises $2 Million Seed Investment From Next Chymia Consulting HK Limited
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have today announced that it has raised a $2 million dollars seed investment from Next Chymia Consulting HK Limited.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Dump Diamonds for Digital? Botswana Bets on Tech
Phatsima has also built an organisation that trains thousands of young girls in robotics, coding and entrepreneurship programmes.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Brazilian Consumer Credit Startup Open Co Raises $115m in SoftBank-led Round
Open Co, a São Paulo-based consumer credit company, announced today that it has raised $115 million in a round led by SoftBank Latin America Fund.
- Categories
- Finance
- Region
- Latin America
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Santander to Invest $6 Billion in Digital Transformation in Latin America
Spain’s Santander will invest around $6 billion between 2022 and 2024 to promote digital transformation of its Latin American operations.
- Categories
- Finance, Technology
- Region
- Latin America
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4DX Ventures and Flutterwave Co-invest in Payments Processor CinetPay in Africa
CinetPay, a digital finance platform that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a $2.4 million seed fundraising round from 4DX Ventures and Flutterwave.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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