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
[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
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digital banking
[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.
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digital banking
[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.
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embedded finance
[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.
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embedded finance
[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...
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digital banking
[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.
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digital banking
[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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embedded finance
[PYMNTS] Unit Raises $51 Million To Expand FinServ Products, Integrations
Banking-as-a-Service (BaaS) platform Unit has raised $51 million in a Series B funding round, the company said in a Thursday (June 17) announcement.
News
embedded finance
[Benefits Pro] Tap student loans to boost your financial well-being strategy
Student loan optimization is shaping up to be one of the most in-demand employee benefits in the workplace, helping employers attract and retain top talent.
News
insurtech
[Insurance Journal] Kin Insurance Funding Tops $69 Million as Pro Golfer McIlroy Joins Investors
A few weeks after a report that it is in talks to go public, home insurance startup Kin announced its newest funding from Symphony Ventures, an investment partnership established by professional golfer Rory McIlroy and...
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