The Food Lab, an Egyptian-based cloud kitchen platform, raises $4.5m to push its expansion
2 Mins read
The Food Lab offers full suite of end-to-end services, including cloud kitchen (kitchen as a service), procurements, cooking, delivery, and marketing.
Insurtech startup - ETAP- raises $1.5 million in its pre-seed funding round
2 Mins read
ETAP, an insurtech startup based in Nigeria, has raised $1.5 million in its pre-seed funding round. The startup, which claims to make…
Lagos-based digital bank - Umba - raises $15 million in Series A funding round
1 Mins read
Across Africa, there is a wide range of commercial banks, as well as other financial institutions serving the populace. However, according to…
Fintech startup - Khazna - raises $38 million to improve financial inclusion for under-banked Egyptians
2 Mins read
Egyptian financial sector has been experiencing an overhaul in the way the unbanked and under-banked citizens get financial inclusion. With about 50%…
Nigerian-based ZirooPay raises $11.4m to upscale its offline-first POS infrastructure
2 Mins read
ZirooPay, a Fintech startup which operates from Nigeria and Finland, has raised a total of $11.4 million in its Series A funding…
Social commerce startup - Tushop - eyes Kenyan expansion; raises $3m pre-seed funding
2 Mins read
Kenyan-based social commerce startup, Tushop, has completed its pre-seed funding round, raising $3 million from a long list of investors. The startup,…
Credpal, a Nigerian-based digital lending platform, raises $15m to scale its BNPL services
1 Mins read
Buy-now-pay-later (BNPL) services have been thriving in parts of Africa, and expected to grow even further by about 59.3%, according to reports….
Kenyan Fintech startup - Churpy - raises $1m to scale expansion into different African regions
2 Mins read
Kenyan-based Fintech startup, Churpy, has announced the completion of its seed funding round, raising $1 million from series of investors. The startup,…
Lucky, an Egyptian fintech startup, raises US$25 million in its series A funding round
1 Mins read
Egyptian-based Fintech company, Lucky, has closed a $25 million Series A funding round. Lucky, which was founded in 2018, is a super…