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

TechCrunch

Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. What this is telling us is that there’s very much real interest in the number of people who want to have debit cards and this is not going to stop anytime soon,” Mlambo said in an interview.

Issue 137
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YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

TechCrunch

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. million financing round. JABU shines a light on the Southern Africa region.

Namibia 141
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mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executive

TechCrunch

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. Other investors include Northstar, Social Capital, Novastar and TO Ventures.

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

TechCrunch

Bloom , a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 million seed round. This investment is coming after the startup’s undisclosed pre-seed round last year. This financing welcomed participation from fintech giant Visa, Y Combinator, U.S.-based

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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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[VIDEO] Raise More Money And Improve Donors Relationships Through Personal Branding

Bloomerang

Tom Iselin will show you how to increase your likability and “memorability” among donors that will deepen relationships, help you raise more money, and create greater donor loyalty. We got five excellent tactics for you that’ll help you raise more money, and improve your donor relationships through personal branding.

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

TechCrunch

The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt. He started the company in 2009, facilitating peer-to-peer transactions from Kenya to Zambia, Uganda, Zimbabwe and the Ivory Coast, and vice versa. That’s the grand mission of the company.”

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