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4DX Ventures and Flutterwave back Francophone Africa’s CinetPay in $2.4M round

TechCrunch

million in seed funding. Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it signifies two particular markers for the pair. CinetPay , a payment gateway that allows e-merchants and merchants to accept mobile money and other forms of payments in Francophone Africa, has secured $2.4

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Ivorian fintech Julaya gets $5M to become banking partner for businesses in Francophone Africa

TechCrunch

The company, which facilitates B2B payments for businesses in Francophone West Africa, mainly via mobile money channels, has raised a total of $7 million in the financing round. . European venture capital fund Speedinvest led Julaya’s pre-Series A extension round. Byld Ventures, a $15M fund, backs fintechs in Africa. “I

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Nigerian digital bank Yep! raises $1.5M pre-seed for its ‘financial super app’ play

TechCrunch

Founded by Olaoluwa Awojoodu , the company’s agent banking platform, PayCentre Africa, is present in Nigeria, Niger, Burkina Faso, Ivory Coast and Togo. Banks and telcos are heavy players, so are some companies like E-Settlement, a holding company for different financial entities. For now, Yep!

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