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Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

That might be a thing of the past for some businesses as African payments company Flutterwave today is announcing a collaboration with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature. Going by this partnership, we can expect the majority of them to be global plays.

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Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19

TechCrunch

Michael Seibel , the CEO of Y Combinator, is a global advisor and an investor in the firm, and so is Andy Volk , the head of ecosystem for Google Sub-Saharan Africa. But as a sign of how the market is firming up, that changed last year and now the firm invests $25,000 for 7% equity. The rest were unannounced.

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How African startups raised investments in 2020

TechCrunch

With other outlets like media publications WeeTracker and Disrupt Africa disclosing different results for the African venture capital market, we compared and contrasted their results last year. “When these companies evolve to go global, we still count them as African companies.” Those in South Africa claimed $119.7

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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

And in trying to sweet-talk investors, what’s not taken into context or often disregarded is that Africa is a fragmented $3 trillion market. Trade has the least startup activity in a market that received $5 billion in VC funding last year. The continent is also home to more than 1.2

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South Africa’s Flow gets funding to automate social media advertising for real estate agencies

TechCrunch

The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. The proptech marketing platform is announcing that it has raised $4.5 And it’s evident that proptech, unlike other industries, has lagged in utilizing social media to make sales.

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Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa

TechCrunch

“We are primarily focused on expanding across Africa in 2022 and in other emerging markets globally,” Wowzi co-founder and CEO, Brian Mogeni, told TechCrunch. “We Wowzi makes it possible for brands to partner with social media users for marketing campaigns. We offer a really comprehensive reporting dashboard online.

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

TechCrunch

However, a presence in Africa’s largest market, Nigeria, remained elusive for the company. Nigeria is quite different from the typical MFS market, where mobile money agents run the show. Emerging markets lender Lendable and Norsad provided the debt financing. MFS Africa intends to use the new investment in several ways.

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