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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

TechCrunch

Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash. Africa has it different.

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M-KOPA raises $75M as it clocks 2 million customers across four African markets

TechCrunch

However , it has expanded its pay-as-you-go model to include other needs: smartphones (launched in Kenya two years ago), TVs, refrigerators, solar lighting and digital financial services such as cash loans and health insurance. For Ghana, its newest market, they say it “has grown two times as fast as any of its previous markets.”.

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

and Nigeria-based company, which has built a distributed remote team across Nigeria, Ghana and Kenya, says it’s working to democratize Africa’s highly fragmented payment system by leveraging blockchain-based solutions. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019.

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Dash CEO placed on ‘indefinite administrative leave’ as the Insight-backed startup carries out financial audit

TechCrunch

Boampong founded the Ghanaian fintech in 2019 and is one of Africa’s well-known serial entrepreneurs after co-launching OMG Digital , a YC-backed Ghanaian media startup, in 2016. Last March, the Ghana-founded and New York–headquartered Dash raised $32.8 Kinyua assumes the role of interim CEO.

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Kuda takes digital banking play to the U.K. with its remittance product

TechCrunch

The digital bank has seen some success since launching in Nigeria in 2019. Kuda claims to have up to 5 million users, more than thrice the number it had last August during its $55 million Series B round , money it raised to enter into other African countries like Ghana and Uganda this year. Kuda takes digital banking play to the U.K.

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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

From Nigeria, Indicina facilitates lending for individuals and small businesses through AI-powered digital credit infrastructure. Jetstream allows businesses to export goods across borders and access trade financing in Nigeria and Ghana.

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Ayoken raises $1.4M to grow its NFT marketplace for creatives

TechCrunch

million pre-seed funding to enable users grow their revenue streams through digital collectibles. The startup’s marketplace, Ayokenlabs , will feature digital collectibles from musicians, sports brands and influencers from all over the world. Ayoken, an NFT marketplace for creatives, has raised $1.4

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