Funding In Africa
Accelerex Holdings Mauritius Secures $20m Investment From Africa Capital Alliance
Accelerex, which is the parent Company of African Fintech powerhouse, Global Accelerex Limited, was set up for investment into digital financial technology companies across Africa. Read more
Nigerian Autochek Startup, Cheki, Raises $3.4m Seed For Its Platform
According to TLcom Capital Partner Andreata Muforo Autochek’s asset light model, Ikpe’s repeat founder status, and the fund’s view of auto sales and service as an underserved market in Africa are reasons for backing the venture. Read more
Latest News
Fintech Firm JUMO Gives US$2.5b Credit To Their Markets In Africa And Asia
A statement released by the company says the milestone was reached just over 18 months after crossing the US$1 billion mark in 2019, “and indicates exponential growth in the access to and availability of working capital for customers, with an average customer default rate of less than 5%.” Read more
4 Months After Raising $13.8m, African Startup Chipper Cash Secures Another $30m, Backed By World Richest Man Bezos
And this would mean many things, going forward. But in the meantime, Cross-border fintech startup Chipper Cash has announced it has raised $30 million in Series B funding round. Read more
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Guest Contribution: Disruptive Digital Solutions Is Rewiring The DNA Of Banking
Imagine a bank whose customers can tap on a wearable device to make a payment, regularly receive updates on changes they could make to their investment portfolio through AI-generated insights. Read more
GFA Attract Interview
Victor Boyle-Komolafe, the co-founder of Garbage In, Value Out (GIVO), a system that automates and digitises the collection, processing, and sale of recyclable materials. Watch Here
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