Financial Services
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Peter Maila Joins FMO’s Management Board as Chief Investment Officer
Peter Maila will join FMO starting December 1st, the Dutch entrepreneurial development bank, as Co-Chief Investment Officer (Co-CIO). He will…
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Paystack secures a Payment Service Provider licence in Kenya
Paystack, the Nigerian-born fintech company acquired by Stripe, has secured a payment service provider license from the Central Bank of…
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Egyptian Fintech, Blnk Raises $32Million In Debt And Equity
One of these options, consumer loans, is being explored by Blnk, a fintech launched last October. The digital lending platform partners…
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Pyypl, Hub71-Based Fintech, Raises $20 Million Series B
Pyypl, (pronounced “People”) the MEA-focused financial services platform and Hub71 company, has closed its target Series B raise of $20…
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Yassir Raises $150m Series B To Ramp Up Africa And Global Expansion
Yassir, a San Francisco-based Algerian super-app offering on-demand services and financial services, has closed a $150 million Series B funding…
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Egyptian Fintech, valU Invests In Live E-commerce Platform Hoods
Egypt’s Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform valU has invested in live e-commerce platform, Hoods. valU’s investment aims to capitalise on Hoods’…
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Morocco-Based Open Finance Startup Spotter Has Raised An Undisclosed Amount Of Funding
Morocco-based open finance startup Spotter has raised an undisclosed amount of funding from UM6P Ventures. The announcement was made through…
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Egyptian Fintech Startup MoneyFellows Raises $31m In Series B Funding Round
Egyptian fintech startup MoneyFellows has announced the first close of its Series B round funding with a US$31 million investment…
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Egyptian Startup Nexta secures $5M from eFinance Group
The state-owned provider of digital payment solutions, eFinance Group, has invested $5 million in Nexta, an Egyptian company that intends to…
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Nigerian BaaS Fintech Maplerad, Raises $6 Million Seed Funding
Nigerian fintech startup, Maplerad has raised $6 million in seed funding led by Peter Thiel’s Valar Ventures. The fund will…
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