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

TechCrunch

Nigeria is one such market where per Statista , local labels such as Verve, the largest domestic card scheme developed by unicorn fintech Interswitch, control more than half of the market. Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API. ARC2022 is coming soon with plenty of announcements.

Issue 137
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Geoff Livingston Guest Post: Follow @childfund and Help Feed Children

Beth's Blog: How Nonprofits Can Use Social Media

ChildFund International just rebranded from the Christian Children’s Fund last week as an effort to demonstrate a singular commitment to children’s welfare today and tomorrow (image: Faith Smiling by ChildFund, NZ ). These efforts will directly benefit children in Gambia, Zambia, Kenya and Ethiopia. A goat for a family farm in Zambia.

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Sudan’s first YC-backed startup is helping consumers protect and grow their wealth

TechCrunch

Its offers a “high-yield” savings account, free FX and adjacent digital banking services so customers can save in a stable currency, the dollar, and spend-as-they-go in local currencies. The company was founded by Ahmed Ismail , Youcef Oudjidane , Khalid Keenan and Abdigani Diriye in late 2021. So why Sudan? “We

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Nigerian startup Klasha gets an additional $2.1M for its cross-border commerce play

TechCrunch

The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. Lagos and San Francisco-based Klasha has received an additional $2.1 million seed round.

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Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa

TechCrunch

As highlighted this March and reiterated in the interview, Bloom’s founders say this seed round will help the Sudanese- and Dubai-based startup execute its expansion plan across the Anglo-East African region such as Ethiopia, Kenya, Rwanda, Tanzania and Zambia. A few competitors in the region include YC-backed Fingo, Koa and Finclusion.

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Your Local Tech4Good Club Is Ready to Help

Tech Soup

The targets need to be linked like so: --> Jump to events in North America or go international with events in. Ouagadougou, Burkina Faso: Monthly Meeting of Local Members. Lusaka, Zambia: Girls in ICT Day (Girls with Disabilities in ICT). The link need to be like so: Africa. Africa + Middle East. Asia + Pacific Rim. Europe + UK.

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PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

TechCrunch

PawaPay handles local operations, compliance, regulatory cover and bank accounts, making it simple to receive payments in a new market. He also sits on the board of 88mph. African startups join global funding boom as fintech shines. Typically , they would be required to use a bank account or card. ” Image Credits: PawaPay.

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