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Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform

TechCrunch

Sudo Africa , a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 But with the introduction of virtual dollar cards in a few digital banks and fintech platforms, this has become less of an issue. Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API.

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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. A card issuing platform isn’t in the best position to tackle these issues head-on. Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API. ARC2022 is coming soon with plenty of announcements.

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Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

TechCrunch

In January, the company had over 6,000 merchants using its platform across Namibia, South Africa and Zambia. B2B e-commerce platform Chari is acquiring the credit line of Axa Assurance in Morocco for $22M. Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir.

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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

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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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 Its platform connects over 6,000 retailers to local and multinational suppliers — such as Namibia Breweries Limited, ABInBev, Bokomo, Coca-Cola, Namibmills — and digitizes orders, payments and logistics. million financing round.

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Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API

TechCrunch

Its partners include African unicorn Flutterwave and newer companies such as Payday and Plumter (cross-border fintechs) and crypto exchange platform Bitmama. Mlambo stated that when the company was raising this round, it prioritized speed and looked for a global partner due to the limitations imposed by its primary location in Zambia.

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Five to Nine raises $4.5M seed round to help improve the efficiency of DEI initiatives

TechCrunch

She, alongside Denise Umubyeyi , created Five to Nine to bring the tools needed to run internal events into one platform. The raise makes Shells and Umubyeyi two of the fewer than 250 Black women who’ve raised more than $1 million in venture capital. Last year, less than an estimated 0.5% After moving to the U.S.

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