Interswitch
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Funding
Interswitch receives $110M investment from LeapFrog and Tana Africa Capital
Interswitch has received $110 million in joint investment from LeapFrog investments and Tiana Africa Capital, according to a statement released by the…
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Nigerian mobility startup, Shuttlers, lands US$1.6mn to expand across Africa
Shuttlers, a “tech-enabled scheduled bus sharing” company, is itching to change that. After years of bootstrapping, the company has bagged…
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Fintech
Senegal-based fintech, Wave, Becomes Francophone Africa 1st Unicorn After Secures $200mn Funding
The U.S and Senegal-based mobile money startup, Wave, have become the first unicorn in francophone Africa after raising $200 million…
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Growing Mobile Money in Africa Driven by Startup “Unicorns”
A new report shows that Africa’s growing adoption of mobile money is driven by the number of emerging “unicorns” in the…
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Nigeria’s Fintech Startup Flutterwave, Secures $170m In Series C Round, Now Valued At $1bn
Flutterwave, a Lagos and San Francisco-based financial payments startup, has announced it has raised $170m from leading investors, putting it…
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Why Only 14 West African Startups Raised $10m+ From 2010-2020
Analysts have been worried at the dearth of the birth of Unicorns in Africa since after the emergence of Jumia, and to some extent, InterSwitch,…
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China is pushing its currency into Africa through fintech partnerships
On September 9, UnionPay International announced a partnership with Interswitch East Africa, the regional business of the Nigerian-based Interswitch Group. Under the partnership,…
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Daily Digest Thursday, 7 May 2020
Funding in Southern Africa Money transfer group Mukuru acquires fintech Zoona’s assets in Malawi Mukuru, one of the largest international…
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Nigerian Fintech Company Interswitch And Workers Co-Raise $782k For Its COVID-19 Response Fund
At a time when startups and businesses across Africa are considering laying off their staff strength, Nigerian leading financial technology company, Interswitch together with…
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