Fintech
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Funding
Zanifu Secures $11.2M Funding to Propel Inventory Financing Expansion in Kenya
Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million in debt-equity funding…
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Partnerships
Paris Saint-Germain and Algerian Super-App Yassir Sign Global Partnership
Football club Paris Saint-Germain and Yassir, the Super-App offering on-demand and payment services in North Africa announced the signing of a…
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Acquisition
Mastercard to Acquire Minority Stake in MTN’s $5.2B Fintech Business
Mastercard has agreed to purchase a minority stake in the fintech division of MTN Group, Africa’s largest cell phone provider,…
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Funding
Innovative Nigerian Mobility Fintech, Moove, Secures $76 Million in New Funding to Accelerate Growth
Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, has announced a further US$76 million in funding…
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Financial Services
Flutterwave Revolutionizes Remittance Services with Innovative Expansion Across US, Canada, and Egypt; Unveils Enhanced ‘$end to Send’ App Rebrand
Flutterwave, Africa’s leading payments technology company, today announced the enhancement of its $end Mobile product, now Send App by Flutterwave, to…
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Acquisition
Innovation-Driven Compliance Leader Prembly Acquires Tunnel, Revolutionizing Secure Financial Data Empowerment for Businesses
Prembly, which bills itself as a leading compliance and security infrastructure company in Africa has announced its acquisition of secure…
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Funding
Flash, Egypt’s Innovative Fintech, Raises $6 Million in Seed Round to Disrupt Financial Services
Flash, Egypt’s new cashless payments app, has raised $6 million seed round to accelerate its product development and customer and…
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Funding
World Bank Grants $5,000 Each to 10 Fintech Startups in Southern Africa
10 Southern African fintech startups have each received $5,000 (R94,020) from the World Bank to help bridge the gap in…
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Funding
Moove, the Nigerian Mobility Fintech, Secures $8M Funding for Innovative Expansion of Vehicle Fleet in Ghana
Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, has secured US$8 million in financing from Absa Corporate…
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Partnerships
Moniepoint Teams Up with Google Cloud to Offer Financial Services to Unbanked Businesses in Nigeria
Google Cloud has teamed up with Moniepoint, a business banking platform targeting underbanked businesses in remote Nigerian areas. The collaboration…
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