Remove Adopt Remove Fund Remove Morocco
article thumbnail

Chari, a Moroccan startup digitizing mom and pop stores, raises $5M at $70M valuation

TechCrunch

Today, a new activity takes us to Morocco, where YC-backed company Chari just raised a $5 million seed round at a valuation of $70million. Rocket Internet, Global Founders Capital and P1 Ventures co-led the round, which is the largest of its kind in Morocco at the moment. “The more we grow, the more we have funding.

Morocco 100
article thumbnail

Nigeria’s Curacel raises funding to power insurance offerings and expand into North Africa

TechCrunch

In the latest development, Curacel , a Nigeria-based platform that aims to drive insurance penetration in emerging markets via APIs enabling insurers to connect with digital distribution channels and administer their claims, has raised $3 million in seed funding. So far, its tech caters to distribution and claims automation.

Africa 107
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Algeria’s Yassir picks up $30M to build a super app in North Africa

TechCrunch

at Stanford and spending most of his professional life in Silicon Valley working at various companies, CEO Noureddine Tayebi returned to Algeria to get involved in the country’s nascent tech scene to start a company and build technical talent in the Maghreb region (Algeria, Morocco and Tunisia). After earning a Ph.D.

Africa 99
article thumbnail

African tech took center stage in 2021

TechCrunch

As businesses reopened globally and the pandemic drove people to adopt new habits in e-commerce, work, spending money, online delivery, and learning, venture capital into various industries was poised to increase immensely, and Africa would not be exempt. What’s a record year of funding without some unicorns? billion and $2.8

article thumbnail

Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Next , they request the funds via bank transfer, leading to more incurred costs or use other cross-border money platforms like WorldRemit.

Paypal 132
article thumbnail

E-Mediat: Day 2 – The Networked NGO in the Arab World

Beth's Blog: How Nonprofits Can Use Social Media

A true public/private partnership, the funding partners include Microsoft and craiglist Charitable Fund. The Morocco Team discussed how Youth Without Borders is a networked network and the Yemen Team pointed out how the Youth Leadership Development Foundation is one as well. lack of time and not seeing the value of social media.

NGO 106
article thumbnail

Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

million in seed funding. The latter is home to startups like Axie Infinity and Yield Guild Games, which have raised millions of dollars in venture capital owing to the adoption of crypto and play-to-earn models. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.

Africa 96