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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. CEO Ruth Iselema.
NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. O ther players in the space facilitating transfer from the U.K. to Tanzania, Kenya, Uganda, Rwanda and Ghana. and the E.U., and the U.S.
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. Image Credits: Pezesha.
PawaPay handles local operations, compliance, regulatory cover and bank accounts, making it simple to receive payments in a new market. There are various payment gateways facilitating payments for businesses in Africa, like Flutterwave , DPO Group, Yoco , MFS Africa and Paystack. .” Image Credits: PawaPay.
But two months into 2020, the pandemic did an excellent job of lowering expectations as investment activities from local and international investors slowed down. A handful of local acquisitions and a monumental exit. Last year, the trend of seeing local companies buy each other played out and continued into 2021.
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. Klasha Checkout, which works a lot like Checkout , allows international merchants to collect payments from Africa in local currencies. Today, it has raised $2.4
KlashaWire allows small merchants in these six countries to pay their suppliers in their local currencies. 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. Image Credits: Klasha.
million to facilitate it, the investment firm is announcing that it has raised $15 million in a new financing round. stocks, ETFs and ADRs, while Chaka deals with stocks and ETFs trading on local and foreign capital markets, but all have collectively been subjected to regulatory issues at home. The next market for Bamboo is Ghana.
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.
The founders draw on prior experience building API products for local markets in the past. 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. He left a year to Smile Identity, a San Fransisco-based identity API company.
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 org’s Climate Justice Action map , which connects people with local groups and other activists. They also use Salesforce to plan and chart a future path to growth.
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. down the line.
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. For any company that wants to go pan-African, then it’s going to be intensely difficult to comply with all of those local regulations. Stax describes itself as a remote team with employees working from the U.S.,
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
Promises include : beU delivery says it offers a “great selection of local restaurants and door-to-door food delivery” that allows customers to have their favorite food from the “comfort of their homes or offices.” Team size : 300. Location : Addis Ababa, Ethiopia. Bloom’s offering allows Sudanese to save in U.S.
Klasha is a technology company that allows international merchants such as H&M or Zara to receive payments online in local African currencies and money methods. We all know that the startup world, locally and globally, is a male-dominated one and when it comes to raising money, there tends to be some bias.
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?
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