TechCrunch

MAY 4, 2022

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. “From telling us to set up takes days. Here’s a use case on how it works.

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TechCrunch

NOVEMBER 1, 2021

Per Crunchbase , Twiga has raised over $100 million in both debt and equity financing rounds. The B2B e-commerce food distribution platform claims that over 100,000 customers use its services across Kenya while delivering more than 600 metric tons of product to 10,000+ retailers daily. . million equity and $6.25

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TechCrunch

NOVEMBER 9, 2021

million in seed funding, as well as the launch of a cloud-based AI platform — which allows users to build with large language models. . It is looking to expand its team of 33, which is currently spread across nine countries, including Ghana, Nigeria and Kenya. Ohio-based startup Mantium has today announced closing $12.75

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TechCrunch

AUGUST 23, 2021

Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 Plentywaka is primarily a bus-booking platform but, per its website, has more than 900 vehicles, ranging from cars to vans to buses. Stabus, on the other hand , commenced operations in Ghana a month after Plentywaka’s launch.

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TechCrunch

SEPTEMBER 27, 2022

The new funding brings the total amount raised in the round to $14.4 The funding comes at a time when Farmerline, which has operations across Ghana, is setting up shop in Ivory Coast as it continues its expansion across West Africa. We are thrilled to support Farmerline Group and smallholder communities across Ghana and Ivory Coast.”.

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TechCrunch

FEBRUARY 1, 2022

But since the unicorn changed its business model to a pure marketplace focusing on senior developers, other platforms such as AltSchool Africa are trying to fill one of the gaps it left: training people to become junior to mid-level engineers. Nigeria’s Decagon raises millions to finance and train software engineers.

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TechCrunch

MAY 30, 2022

Ayoken, an NFT marketplace for creatives, has raised $1.4 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. Coinbase’s NFT marketplace is off to a lackluster start.

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TechCrunch

JANUARY 17, 2022

The fintech which provides credit lines for businesses has raised $17 million, funding that it will be using to bolster its offerings and expand geographically. Other features on the platform include invoice advance, opening a business account, payment links, managing budgets and spend cards.

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TechCrunch

APRIL 12, 2021

Appzone platforms are used by 18 commercial banks and more than 450 microfinance banks in Africa. Other countries with a presence include the Democratic Republic of Congo, Ghana, Gambia, Guinea, Tanzania and Senegal. Four years later, it raised $2.5 But overall , the company says it has raised $15 million in equity funding.

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TechCrunch

JANUARY 25, 2021

The raise comes after Pula closed $1 million in seed investment from Rocher Participations with support from Accion Venture Lab, Omidyar Network and several angel investors in 2018. . They include Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi and Mozambique. million farmers.

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TechCrunch

SEPTEMBER 21, 2022

Per reports , major regional exchanges in Africa have raised over $80 billion in equity capital markets and $240 billion in debt capital markets. The platform, which will allow broker-dealers, asset managers, pension funds, and institutional investors to access markets outside their own country, is announcing its launch to the public today.

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TechCrunch

AUGUST 9, 2021

Moove , an African mobility company with a fintech play, wants to change that, and is raising $23 million in Series A to scale rapidly across the continent. Moove raised a $5.5 In addition to its $23 million Series A, Moove also revealed that it raised $40 million in debt financing, bringing its total funding to $68.5

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TechCrunch

FEBRUARY 3, 2022

Africa-focused payments startup PalmPay raised a $100 million Series A round last year. Further checks in Crunchbase and Tracxn--platforms that track funding rounds in startups and private companies globally–reveal that the company closed the round in August 2021. That’s why it made the push into Ghana.

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TechCrunch

JUNE 22, 2022

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. The report says 36% of all-time funding reported by the health supply chain startups it profiled was raised in the last 12 months. So we wouldn’t expect them to be raising large sums just yet.

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TechCrunch

JANUARY 5, 2022

The startup has now set out to activate more mutti pharmacies to widen its reach and to build out its tech-infrastructure as it readies itself for the next phase of growth after raising $35 million in Series D round. It is also rolling out an e-commerce platform for pharmaceuticals.

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TechCrunch

SEPTEMBER 10, 2022

In the latest development, one such company, Bitmama , has raised a pre-seed extension of $1.65 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.

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TechCrunch

FEBRUARY 17, 2022

Earnipay , a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed financing led by early-stage venture capital firm Canaan. Participating investors include XYZ Ventures, Village Global, Musha Ventures, Voltron Capital, Ventures Platform and Paystack CEO Shola Akinlade.

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TechCrunch

NOVEMBER 17, 2021

Coming off a year of exponential growth, it has raised a $48 million Series B to provide more alternative payment solutions to its millions of merchants and consumers. The company allows consumers to access their internet banking platform when they make transactions online. Since the company’s Series A raise of $2.5

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TechCrunch

NOVEMBER 22, 2022

In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion.

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TechCrunch

AUGUST 5, 2022

Its AI-enabled grid management platform, Adora, solves one of two fundamental problems power distribution companies face in Africa. The other problem is data-focused, tackled by the company’s proprietary platform called Customer and Asset Information Management system (CAIMs). Bim Adisa (CEO).

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TechCrunch

JANUARY 27, 2022

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. in average transaction fees, digital senders like NALA pitch themselves to customers as platforms with the best rates and lowest prices. and the E.U.,

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TechCrunch

AUGUST 26, 2021

An interesting instance would be freelancers in Ivory Coast trying to receive payment for services on a global payments platform. Both platforms are largely focused on addressing the unique challenges accompanying mobile money, while the others drive innovation around bank and card payments. How big is mobile money in Africa?

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TechCrunch

FEBRUARY 14, 2023

In the latest development, Curacel , a Nigeria-based platform that aims to drive insurance penetration in emerging markets via APIs enabling insurers to connect with digital distribution channels and administer their claims, has raised $3 million in seed funding. We’ve got claims and distribution, which are our go-to products.

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TechCrunch

OCTOBER 11, 2021

Mono , an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round, the company confirmed to TechCrunch today. But even with these additional features tailored to a Nigerian audience, Mono is going after other markets like Ghana and Kenya, first mentioned by the CEO in May.

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TechCrunch

AUGUST 30, 2022

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.

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TechCrunch

MARCH 28, 2023

Fez Delivery , a Lagos-based last-mile logistics startup with hubs across Nigeria, has raised $1 million led by pan-African investor Ventures Platform with participation from Voltron Capital, Acasia Ventures and other angel investors. We have the technology and still own 30% of the assets on our platform.

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TechCrunch

JANUARY 25, 2022

OZÉ , a Ghanaian fintech startup that provides digital recordkeeping tools with embedded finance products to medium and small businesses, has raised a $3 million pre-Series A round. And putting those two things together, we’ve been able to create a platform tailored to the realities of today.

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TechCrunch

SEPTEMBER 26, 2022

The YC-backed food procurement platform has doubled down on the pivot — instrumental to the company’s $3.2 million seed round last October — to raise $30 million in Series A funding (split between $20 million equity and $10 million debt).

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TechCrunch

MARCH 2, 2022

It is this missing connection that Emtech , a central bank digital infrastructure provider, is looking to fill through its digital regulatory platform, which aims to fast-track the reach of fintech products to market. Emtech has now moved into production following the successful pilot in Ghana last year.

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TechCrunch

MARCH 16, 2022

B2B retail and e-commerce platforms have primarily tried to fix these inefficient supply chains over the last couple of years and have received substantial investor backing since the pandemic. To provide working capital to these retailers, the likes of TradeDepot and MarketForce raised impressive rounds with significant debt components.

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TechCrunch

NOVEMBER 1, 2021

Chipper Cash , an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. Its services are used across seven African countries — Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. In May, it expanded to the U.K.,

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TechCrunch

JULY 19, 2021

When Robinhood raised its $3 million seed round in 2013, it was a couple of months old, with huge ambitions of democratizing securities access to the underserved and unserved. Several platforms have sprung forth to bring stock trading opportunities in their respective markets. Chaka is one such platform. led by 4DX Ventures.

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TechCrunch

FEBRUARY 11, 2021

Over the past three years, some platforms have looked to solve this problem. One such platform is Pngme. based unified financial data platform announced its seed round of $3 million. It further reflects the continued customer growth from banks, fintechs, credit bureaus and microfinance banks in Ghana, Kenya and Nigeria.

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TechCrunch

DECEMBER 6, 2021

based company that connects consumer goods brands to thousands of retailers and help out with distribution, has raised $110 million in new equity and debt funding round as it looks to bring in more retail stores and expand its buy now, pay later service across the continent. TradeDepot , a Nigeria- and U.S.-based A TradeDepot warehouse.

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TechCrunch

FEBRUARY 1, 2022

Nestcoin , a company founded last November that builds, operates, and invests in web3 applications, wants to be pivotal in this transition and has raised $6.45 Before starting Nestcoin, founders Yele Bademosi and Taiwo Orilogbon led the charge at Bundle Africa, one of the continent’s well-known crypto trading platforms.

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TechCrunch

APRIL 13, 2022

We’ve covered a host of these platforms in the past. In the latest development, Umba , a digital banking platform operating in Lagos, Nigeria, has raised $15 million in Series A funding. The news comes almost two years since the fintech raised a seed round of $2 million. The fintech has raised a total of $17.5

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TechCrunch

JUNE 9, 2022

It raised $850,000 seed in October 2020. The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. Students on the platform go through two types of programs. This brings GOMYCODE’s total financing to $8.85

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