INSIGHTS

“Almost all venture-backed tech founders are dealing with high stress levels, loneliness, and the potential for burnout. – Inc.Africa

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Ameya Upadhyay, Venture Partner and Lisa Mikkelsen,
Head of Global Human Capital
News
embedded finance
August 25, 2021
[TechCrunch] MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap
Last month, MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers, raised one of the largest Series A on the continent, to the tune of $40 million. Today, it has raised a...
News
opinion
July 26, 2021
[Business Daily Africa] Agritech is the next frontier in growing Africa food security
Over the past five years, funding in agritech start-ups across the African continent has been rising consistently, according to data from Disrupt Africa, with hot spots emerging in Kenya and South Africa.
News
opinion
July 18, 2021
[The Standard] Adopting Open Data for Finance Could Boost Economic Growth in Ten Years
As we emerge from the pandemic, we are seeing several mutually reinforcing shifts in how the financial system functions.
News
embedded finance
July 13, 2021
[Entrepreneur] Aquaculture Startup Aquaconnect Raises $4 Mn Pre-Series A Round
The startup plans to use the pre-Series A funding to strengthen its GIS-enabled fintech product development and accelerate the volume of exports flowing through the platform
News
digital banking
July 09, 2021
[FinExtra] Digital lender Lidya raises $8.3m
International alternative SME finance lender, Lidya, has successfully raised US$8.3 million in a pre-series B funding round.
News
digital banking
July 07, 2021
[TechCrunch] A year after expanding to Europe, Nigerian fintech Lidya raises $8.3M to scale lending operations
Nigerian fintech and lending startup Lidya has recently expanded into Europe, and this fundraise will help grow its lending operations for small and medium businesses across its markets.
News
embedded finance
July 05, 2021
[Bloomberg] Ecommerce Fixer for Egypt Mom and Pop Stores Gets Funds
An Egyptian e-commerce business linking traditional retailers with suppliers of products such as food and groceries plans to expand in North Africa and the Gulf after an early-stage funding round.
News
embedded finance
July 05, 2021
[TechCrunch] MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion
Egypt-based Embedded finance platform Max AB’s $40M fundraise will help them expand their physical footprint across the Middle East and North Africa, hire more talent and scale its recently launched business verticals, including new supply...
News
digital banking
July 03, 2021
[Tech in Africa] FairMoney raises $42M in Tiger Global-led Series B
Nigerian fintech startup FairMoney has raised $42 million Serie B to raise and diversify its offerings and expand it as a financial hub for users.
News
digital banking
July 01, 2021
[TechCrunch] Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney
Nigerian Neobank FairMoney’s $42M Series B will help them diversify offerings and expand to “become the financial hub for its users,” providing customers customers a full-fledged banking experience from P2P transfers and lending to debit...
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