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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.
Six years ago, it was heavily focused on East Africa, but having pulled out of Tanzania, M-KOPA is present in Kenya, Uganda, Nigeria and Ghana. For Ghana, its newest market, they say it “has grown two times as fast as any of its previous markets.”. The company’s geographical reach has also changed shape.
Last March, the Ghana-founded and New York–headquartered Dash raised $32.8 By March of 2022, five months after its first seed tranche, Dash’s total processing volume topped $1 billion and had acquired a million users from Ghana, Kenya and Nigeria, Boampong told TechCrunch in the March interview. Kinyua assumes the role of interim CEO.
This summer while leading a young women STEM study abroad program in Ghana she facilitated Tableau for Teaching workshops with students and faculty at the University of Ghana and Kwame Nkrumah University of Science and Technology(Kumasi). Dunaway has taken a leading role in helping academics jump-start their learning.
In 2008, she asked for advice about raising money to go to Africa to help support the first community access television station opening in Ghana. In 2008, I raised money to go to Africa to help support the first community access television station opening in Ghana. At that time I made a blog and raised $2,000 using Chipin.
O ther players in the space facilitating transfer from the U.K. to Tanzania, Kenya, Uganda, Rwanda and Ghana. The chief executive also said NALA, currently present in Tanzania, Kenya, Uganda, Rwanda, Ghana and South Africa, plans to be live in 12 African countries by the end of the year, including Nigeria. and the E.U.,
Its services are used across seven African countries — Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. The company will roll out the service to users in Ghana, South Africa and Kenya before the end of the year. This year, the company began to make strides outside the continent. In May, it expanded to the U.K.,
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.
His career includes helping scale AZA (Bitpesa), a Nairobi-based platform that leverages bitcoin to facilitate cross-border remittances and where he first got introduced to crypto and blockchain technology. MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy.
The company claims to be handling over 10 million transactions on its rails per week, with beta operations in 10 African countries — Cameroon, DRC, Ghana, Kenya, Mozambique, Nigeria, Rwanda, Tanzania, Uganda, and Zambia. But in terms of pure mobile money play, MFS Africa is a clear competitor to pawaPay.
The fintech’s new growth strategy follows its plan to power its embedded finance offering beyond its current markets, including Uganda and Ghana, to bridge the financing gap affecting millions of micro, small medium-sized enterprises (MSMEs) across these markets.
Its services are used across seven African countries — Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. — to facilitate peer-to-peer money movement from the U.S. The company began making strides outside the continent last year. It expanded to the U.K. to Nigeria and Uganda.
Klasha , a Lagos and San Francisco-based startup, sees a niche in cross-border commerce and provides multiple integrations and APIs to facilitate transactions in that space. Next is its mobile application which lets users in Nigeria, Ghana or Kenya send and receive money. Today, it has raised $2.4 million in seed to scale.
Last year, Klasha’s consumer product allowed users in Nigeria, Ghana and Kenya to create virtual cards, fund with their respective currencies and send and receive money. Klasha makes revenue via sales commissions and subscriptions merchants pay to use the platform for analytics. Image Credits: Klasha.
blog is to facilitate networking, collaboration & the sharing of information and ideas about global and local issues. The photo above is from Ghana. T he main purpose of the blog, according to the "about" page, is: The purpose of the OneWorld U.S. It looks a blog community that is just getting started.
With a presence in six African countries — Nigeria, Ghana, Senegal, Liberia, Kenya and Uganda — Helium Health has signed more than 500 healthcare facilities. million in VC funding, has facilitated over 200,000 doctor appointments while enabling healthcare providers to generate approximately $130 million in billings.
The company is also planning an imminent pan-African expansion to Ghana and Kenya, and from all indication, Mono might execute one if not the two before the end of Q1. Setting the company up for expansion and the hiring spree that comes with it will require capital, so a seed round is in the works to facilitate the whole process.
We might not wait long as Okra is currently in beta in Kenya and South Africa, and Mono is planning an expansion into Ghana and Kenya before the end of the year. It will be interesting to see how competition and collaboration play out when they expand outside their markets. “Unlike the U.S.
At the time, most fintechs and banks did not recognize the need for using bank payments to facilitate online transactions. A portion of the funds will also be directed at mergers and acquisitions and pan-African expansion to four countries in the next six months: Namibia, Ghana, Nigeria and Kenya.
Some interesting acquisitions include TLcom-backed Kenyan consumer experience platform Ajua buying WayaWaya ; Nigerian bus booking and Techstars-backed Treepz expanding into Ghana and Ugabus after getting Stabus and Ugabus ; and Flutterwave making a foray into the creator economy space with the Disha acquisition.
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. As such, s ervices provided to Nigerian users are facilitated via its subsidiary, Kuda MFB Limited.
When Vendease launched in January 2020, it wanted to solve the challenges and inefficiencies in Nigeria’s highly fragmented food sector using a marketplace model that connected suppliers and farms to restaurants and food businesses, with deliveries facilitated within 24 hours.
Telcos and banks dominate this mass market, providing the tech infrastructure that facilitates these code-based transactions. This technology allows people to send and receive money, pay for bills and buy data offline, and reports say more than 90% of digital transactions in sub-Saharan Africa are performed on its rails. . Nigeria and Kenya.
We are committed to actively advocating for clear and consistent science-based climate policies that facilitate a just and equitable global transition to a 1.5°C C future,” said Suzanne DiBianca, Chief Impact Officer and EVP of Corporate Relations at Salesforce. They also use Salesforce to plan and chart a future path to growth.
Joitske Hulsebosch, who lives and works in Netherlands, writes a blog called " Communities of practice for development " where she writes about topics related to her work of facilitating processes at different levels; teams, groups, organizations, networks, and communities of practice. PersonallyI see a huge potential for web2.0
Others examples include loans to schools in India and capital for small manufacturers in Ghana. The group, in collaboration with other impact investors and intermediaries, has developed a set of standards (taxonomy) that would facilitate comparisons of financial, operational, and impact data. An easy example is green technology.
The photographs above were taken on the last day of Blogher, at the Unconference on Sunday morning facilitated by the talented Kaliya Hamlin who blogs about unconferences here. When I got home, I remembered the work of colleague Joitske Hulsebosch who has taught video blogging in Ghana. I remember being inspired by it. mobile posting.
Ghana’s Float initially launched as Brex for Africa but later pivoted to offering the same credit features with more emphasis on software and less on cards; Boya, on the other hand, plans to execute on both fronts using overdrafts. Location: Accra, Ghana. Unlike the U.S. Website: [link]. Founded in: 2016. Team size: 60.
" Geeks for Good and Green Geekery Ruby Sinreich facilitated a session at BarCampRDU on how geeks can use their powers for the forces of good and has a wiki with resources. GINKs is a knowledge network promoting the use of ICTs in development in Ghana. Kabissa.org wants to know how you are using "Web 2.0"
When I sat down to talk with the co-Directors, Melinda Kramer and Amira Diamond, in early March, they had literally just returned from the West African Woman and Water Training in Ghana. You both just came back from the 2010 West African Women and Water Training in Ghana. What was that? What were some of the highlights?
Autochek was previously present in Nigeria, Ghana, Kenya, Ivory Coast, Uganda and Morocco. The company earns by charging a fee to dealers listing on its platforms, in addition to a loan facilitation commission from banks. CoinAfrique classifieds ads marketplace is active in 12 Francophone markets.
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.
million to facilitate it, the investment firm is announcing that it has raised $15 million in a new financing round. The next market for Bamboo is Ghana. There are many Robinhood-esque platforms globally because of a growing need to invest in U.S. stocks in different parts of the world.
My current investor pool, which was led by women at Greycroft and Seedcamp, invested because of the opportunity of solving a problem continent-wide and the prospect of facilitating cross-border commerce through modern technology. Ghana’s Jetstream lands $3M to build the digital infrastructure for Africa’s trade corridors.
In the creative writing space, Google’s PAIR and Magenta teams developed a novel prototype for creative writing, and facilitated a writers' workshop to explore the potential and limits of AI to assist creative writing. The app is available to English speakers 18+ in Australia, Canada, Ghana, India, New Zealand, the UK, and the US.
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