Lagos-based credit agency company - Indicina - raises $3 million to boost its African expansion
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Indicina, a digital lending platform that uses real-time consumer data to help businesses make better credit decisions, has completed its seed funding…
Paystack: how it works.
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Paystack lets businesses in Africa accept payments by anyone, anywhere in the world via credit card, debit card, money transfer, and mobile…
Kenyan-based Bamba raises $3.2 million to further develop its infrastructure
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Kenyan-based mobile-first enterprise software startup, Bamba, has raised $3.2 million in its seed funding round. The company, which is currently in stealth…
Interswitch raises $110 million to expand its digital payment services
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Interswitch, an African fintech company has raised $110 million joint investment to push its digital payment services across Africa. The company said…
Barter USD Cash Pick-up: How to go about it
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Barter has a feature that allows users at home or oversea to send USD to anyone in Nigeria. It works just like…
Fintech-focused VC firm - Rali_Cap launches $30 million fund
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Early stage venture capital firm that focuses on B2B, and fintech startup, Rali_Cap, has announced its $30 million fund. The VC firm,…
Zambia's Union54 positions itself to dominate card-issuing services in Africa, raises $12m in seed extension round
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Union54, a card-issuing fintech startup based in Zambia, has completed its seed extension round, raising $12 million from a number of investors….
Lagos-based digital bank - Umba - raises $15 million in Series A funding round
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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
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Egyptian financial sector has been experiencing an overhaul in the way the unbanked and under-banked citizens get financial inclusion. With about 50%…