Daily Digest Monday, 9 August 2021
Funding In Western Africa
Nigerian IT startup, Decago, lands $1.5mn in a seed round
Beginning in Nigeria, Decagon intends to solve the global lack of representation of black people in the tech industry. It also intends to increase female involvement in its cohorts to empower women. Read more
Funding In Southern Africa
South African Subscription billing startup, Revio, raises US$1.03mn seed round
The platform proactively reaches out to customers at risk of churn, automates customer arrears management, and rewards them for good behavior, with human-to-human touchpoints when necessary. Read more
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Latest News
Cellulant, a Pan African Payments Company, receives license to establish Tingg in Ghana
The Bank of Ghana has redefined the categories of financial technology companies with PSP enhanced licenses, as well as the types of activities that are permitted. Read more
South Africa’s fintech, Callpay, purchased at US$6.8mn valuation
Callpay’s team pointed out how their journey intended to make online transacting safe, cost-effective, secure, and efficient across multiple channels. Read more