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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
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Airtel Africa Scoops Another $200 Million for Mobile Money Business
Airtel Mobile Commerce is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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DFS Lab and the Stellar Development Foundation Launch a Blockchain Bootcamp for African Startups, Offering Prizes up to 20,000 USDC for Most Promising Solutions
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Chaka Secures $1.5 Million Pre-Seed Round to Power Digital Investments and Wealth Management Opportunities across Africa
Chaka is a technology solutions company on a mission to enable every business and person in Africa to access borderless digital investment and wealth management opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Blockchain Technology Has the Potential to Add $29 Billion to Nigeria’s GDP by 2030
Research by Enhancing Financial Innovation & Access finds that blockchain technology can address barriers to financial inclusion in Nigeria and substantially boost Nigeria’s economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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MarketForce Secures $2 Million Pre-series A Round, Plans to Launch in Nigeria and Scale Up RejaReja in East Africa
MarketForce aims to digitize offline transactions and transform how informal retail merchants buy and sell.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa’s Fintech Gold Rush: Why Banks Must Adapt to Survive
These are exciting times in the fintech startup ecosystem in Africa, as direct investment activity is growing at a dizzying pace. But according to Osahon Akpata at Ecobank Group, this influx of capital is also raising challenges for startups and investors – and particularly for traditional banks, which have to adjust to the emergence of these innovative and well-funded new competitors. He discusses the implications of Africa's ongoing fintech revolution for both startups and banks, and explores why partnerships between them can provide a way forward.
- Categories
- Finance, Technology
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Drip Capital Partners SBM Bank India on Trade Finance
Drip Capital, a fintech provider of cross-border trade finance, has partnered SBM Bank India to offer trade financing solutions customized for small and medium-sized exporters in India.
- Categories
- Finance, Technology
- Region
- Asia Pacific
