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Sun King, a provider of off-grid solar energy products in Africa and Asia, has secured a $70 million equity investment led by LeapFrog Investments. It’s an extension of the $260 …
Sun King, a provider of solar energy products in Africa and Asia, expands Series D to $330M Read More
Africa’s beauty and personal care market is growing accelerated by its growing young and fashion conscious population, increasing spending power, and urbanization. The market’s potential has in recent years attracted …
Kenya’s Uncover raises $1M to expand skincare product enterprise across Africa Read More
Three out of every 10 payments in Africa fail, according to reports. Factors behind this range from a fragmented payments landscape and invalid cards to dormant accounts and higher dispute …
South Africa’s Revio allows businesses to connect to multiple payment methods and reduce failures Read More
Last February, Djamo announced that it got accepted into Y Combinator, the first from Ivory Coast. Months later, the two-year-old fintech has raised $14 million in funding from the famed …
Consumer finance app Djamo eyes Francophone Africa expansion, backed by new $14M round Read More
Kuda, the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K. by offering a remittance …
Kuda takes digital banking play to the U.K. with its remittance product Read More
Nexta, an Egyptian startup that plans to launch its banking app in the coming months, has secured a $3 million investment from eFinance Group, a state-owned provider of digital payments …
Egypt’s Nexta to launch “next-gen banking” app with fresh $3M Read More
Banking-as-a-service (BaaS) platforms have taken off rapidly across the fintech world over the last 18 months. By partnering with banks, these platforms allow entities from startups and fintechs to big …
Nigerian banking-as-a-service platform Maplerad raises $6M, led by Peter Thiel’s Valar Ventures Read More