GFA Weekly Digest November 22 – November 26 (Top Stories)

Egyptian fintech startup, KIWE, secures first financing round to expand & scale its operations

Through this strategic consortium of investors, we target to catapult the growth of KIWE by deploying dfins’ tech-based financial services portfolio, utilizing EFGs’ Valu as a key payment method. Read more

Nigeria’s B2B Retail Platform, Sabi, Secures US$6mn Bridge Round

However, it enables visibility into these assets from both the demand and supply sides, as well as controls, on a single platform. Read more

Nigeria-based cryptocurrency exchange, Busha, secures US$4.2mn seed round from Jump Capital

With a young population desperate for better financial mobility and wealth-creation opportunities, crypto adoption in Africa continues to accelerate. Read more

Egyptian fintech startup, Hollydesk, secures US$325k pre-seed funding

The application allows members of the system to communicate for instant approval, and the finance team approves settlement operations in a matter of minutes with a few simple clicks through the application. Read more

Nigerian Compliance Startup, Identitypass, Raises US$360k Pre-seed Funding Round

it provides easy-to-use compliance and data security platform that allows online businesses to easily authenticate and validate the identity of a transacting party through existing forms of identification. Read more

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