Taxonomy

Africa

Madica Ventures wants to bridge the financial gap in Africa’s technology ecosystem

As reported by Muktar Oladunmade, TechCabal: "Funding in Africa’s tech industry has its favourite destinations. The Big 4—Nigeria, South Africa, Egypt, and Kenya—accounted for more than 70% of the $5.2 billion raised by startups in Africa last year, according to Partech’s 2021 report. The remaining 50 countries on the continent...

[Chipper] Chipper announces intended acquisition to strengthen payment solutions in Africa

Chipper announces intended acquisition to strengthen payment solutions in Africa Today we are excited to announce our intended acquisition of the Zoona group, which includes the Tilt brand. The proposed acquisition will accelerate Chipper’s expansion across Africa. We also believe bringing Chipper Cash and Zoona teams together will foster innovation...

[TechCabal] Fintech Unicorn Chipper Cash set to buy Zambia fintech pioneer Zoona

Pan-African cross-border payment app Chipper Cash is set to acquire Zambian fintech company Zoona Transactions International, according to a statement shared with TechCabal. This acquisition will allow Chipper Cash, which has a self-reported user count of 5 million, to add new online services and a new agent network to its offerings. This...

[Africa Update] Bibi chatted with Daniel Oparison

This week on the Africa Update Bibi chatted with Daniel Oparison. Daniel Oparison is a growth strategist who has done incredible work in the strategy and tech space in Nigeria. He's part of the Paga Tech team, Paga is one of the biggest mobile payment platforms in Nigeria! He chats...

Efayomi has seen firsthand how startups catalyze innovation and unleash opportunity for communities. He brings experience in entrepreneurship, social impact and finance to his role at Flourish, with a focus on Africa. Before Flourish, Efayomi was Head of Strategic Finance for Lori, a tech startup building cost-saving market infrastructure for...

Arjuna is a co-founder and managing partner of Flourish Ventures, an early-stage global venture capital firm that invests in mission-driven entrepreneurs and industry influencers working towards a fair financial system. With a primary focus on venture investing across emerging markets in Asia, Africa, and Latin America, Arjuna is driven by...

Ameya invests in disruptive organizations creating economic opportunity for people in emerging markets with a focus on Africa. A venture partner, Ameya is based in London. Previously, Ameya worked out of Omidyar Network’s Mumbai office, where he co-led several of the firms’ early Financial Inclusion investments in India. Prior to...

[Bitcoin KE] The Celo Africa Web3 Fund Inaugural Event Kicks Off in Kenya – Next Stop, Nigeria

Originally posted on Bitcoin KE By CryptoGuru This is the first of a series of 4 events set to take place over the next 4 months of 2022 as Celo seeks to help Web3 projects access the needed funds to either launch or build their solutions on the Celo...

Mobile phone

[The Standard] Accelerating financial inclusion through the use of embedded finance

Originally posted on The Standard Embedded finance demonstrates an opportunity for fintechs, banks and lenders to create more tools and resources for those that may not have access to traditional banking. Until a few years ago, getting a loan from a bank was quite an arduous task. The banking and...

Apollo Agriculture Founders

[TechCrunch] Kenya-based agritech Apollo raises $40 million in Softbank-led round, joined by Chan Zuckerberg Initiative, CDC

Originally posted on TechCrunch By Annie Njanja Kenya-based agritech Apollo Agriculture, which helps farmers access high-quality farm inputs, financing and markets, plans to double the number of farmers it is serving by the end 2022 and to introduce other products that deliver more value per acre of land. This is...

[Pulse 2.0] Cross-Border Financial Platform Company Taptap Send Secures $65 Million In Series B

Originally posted on Pulse 2.0 Taptap Send — a community-focused cross-border financial platform — recently announced a $65 million Series B funding round. These are the details. Taptap Send — a community-focused cross-border financial platform — recently announced a $65 million Series B funding round led by Spark Capital with...

Globe

[TechCrunch] Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

Originally posted on TechCrunch By Ingrid Lunden Image Credits: Angela Bax / EyeEm / Getty Images Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global...