Nigerian Fintech Startup - FairMoney - Raises US$42m in Series B Funding Round
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Nigeria-based fintech startup, FairMoney, has raised US$42m in its Series B fund raising round. The startup, which aims to provide banking services…
South African Insurtech Startup - Naked - Raises US$11m in Series A Funding Round
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Naked, an insurtech startup based in South Africa, has raised US$11 million in its Series A funding round. The startup confirms that…
Flutterwave Appoints Silicon Valley's Jimmy Ku to Drive its US Expansion
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In the quest to expand into US market, African payment startup, Flutterwave, has appointed Silicon Valley’s Jimmy Ku as the Head of…
Nigerian Fintech Startup - Piggyvest - Acquires Savi.ng to Expand its User Base
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Piggyvest, a Nigerian fintech startup, in its quest to expand its services across the country, has acquired wealth management startup, Savi.ng. Piggyvest,…
Simpluz Technologias Develops AI-based Fact-checking Technology to Fight Fake News
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Simpluz Technologias, an Angolan-based startup, has launched a product that uses artificial intelligence (AI) technology and machine learning algorithm to fact-check news,…
South African Fintech Startup - Yoco - Raises US$83m in Series C Funding Round
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South African-based fintech startup, Yoco, has completed a Series C funding round with US$83 million raised. The funds, according to the startup,…
Egyptian Ride-sharing Startup - Swvl - to Merge with US-Based Queen's Gambit; Plans to List on NASDAQ
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Egyptian transport start-up Swvl has announced that it would be going into a merger with US-based acquisition company, Queen’s Gambit Growth Capital….
Ivorian-based Fintech Startup - Julaya - Raises US$2m in Pre-series A Funding Round
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Ivory Coast-based fintech startup, Julaya, has raised US$2 million in its pre-series A fundraising round. The funds, according to Julaya, would be…
Samsung to start developing 24-gigabit DDR5 memory chips; announces record-breaking profit
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Samsung Electronics has announced that it is developing a 24-gigabit Double Data Rate 5 (DDR5) memory chips. The announcement was made during…