Remove Digital Remove Raise Remove Zambia
article thumbnail

Zambian card issuing startup Union54 raises $12M led by Tiger Global

TechCrunch

Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. The company also claims to have processed volumes now reaching double digits in millions of dollars. Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API.

Issue 137
article thumbnail

Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. They include Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi and Mozambique.

Africa 144
professionals

Sign Up for our Newsletter

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

article thumbnail

MFS Africa collects $100M to expand its digital payments gateway across the region

TechCrunch

Today, Africa’s largest digital payments network MFS Africa joins the fray. The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt. T hat changed last month when it acquired Baxi , an agent banking platform developed by Capricorn Digital.

Africa 108
article thumbnail

Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API

TechCrunch

They range from digital banks to post-Series A fintechs and “companies founded on the basis of Union54’s availability.” . In retrospect, though, Mlambo and Martini’s experience as founders of Zazu, where they raised over $2 million as one of Zambia’s most funded startups, cannot be written off as a contributor to Union54’s seeming success.

API 104
article thumbnail

YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

TechCrunch

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 Its platform connects over 6,000 retailers to local and multinational suppliers — such as Namibia Breweries Limited, ABInBev, Bokomo, Coca-Cola, Namibmills — and digitizes orders, payments and logistics. million financing round.

Namibia 141
article thumbnail

Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform

TechCrunch

Sudo Africa , a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 But with the introduction of virtual dollar cards in a few digital banks and fintech platforms, this has become less of an issue. Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API.

Africa 98
article thumbnail

CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

More and more of my time is spent around both raising money and raising awareness of how much more could be done with technology to increase social impact. We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. Martus Desktop 4.5