Daily Digest

GFA Daily Digest Monday, 22 March 2021

Funding In Western Africa

Delivery Startup,Kwik Delivery, Raises $1.7m Funding

The Delivery platform is an on-demand, last-mile delivery platform that connects African businesses to independent delivery riders, dubbed Kwiksters. Read more

Nigeria’s communications platform-as-a-service startup,Termii, raises $1.4mn in a seed round

So the company leverages a virtual wallet system tied to a bank account and customers can make payments to the platform using mobile money, bank transfer and credit cards. Read more

Fintech Startup Blueloop, Secures, US$125k in Pre-Seed Funding Round

Having noticed this, the team has built the Flux merchant, a web platform that allows merchants to fully set up their accounts, fill their compliance, and generate payment links for their products and services. Read more


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Apply For Funding GetFundedAfrica provides equity capital from $1,000 to $50,000. For larger amounts (Above $50,000) we organize syndicated funding rounds of up to $500,000. Apply Here

Funding In Eastern Africa

Ethiopian Fintech Startup, ArifPay, Raises $3.5mn

AirPay sold 140,000 shares to 31 investors, each worth 1000 ETB ($24.23). The stock was sold on the open market. However, this was a private placement rather than a public offering.  Read more

Latest News

Flourish Ventures expands to East Africa, to support African fintech startups

Flourish Ventures, a global fintech venture capital company, has established a new office in Nairobi Kenya to support African fintech startups. Read more

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