Swvl Inc. Egypt’s Uber for buses has announced plans to go public after its merger with SPAC Queen’s Gambit Growth Capital. Upon completion of the proposed transaction, the combined public …
Entrepreneurship
- Eastern AfricaEntrepreneurship
Kenya’s Wapi Pay Raises $2.2 million to Digitize Africa-Asia trade payments
Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2 Million in pre-seed funding to scale up global payments and remittances between Africa and Asia. Making international transfers …
- EntrepreneurshipNorthern Africa
CreditFins raises pre-seed round for its credit card management platform
Cairo-based Credit Card management platform and fintech startup CreditFins has successfully acquired an undisclosed amount in a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other …
Blockchain startup Biconomy, which was founded by Indians, has raised $9 million (approximately Rs. 67 crore) in a private funding round led by DACM and Mechanism Capital. Other investors, including …
Kuda Bank, a Nigerian FinTech startup notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries …
Neuralink, the futuristic brain-computer interface company founded by Elon Musk, said it has raised $205 million in fresh venture backing, by far the biggest haul of any company in its …
- BusinessEntrepreneurshipSouthern Africa
South African fintech startup, Yoco raises $83 million Series C fund
Small and medium-sized enterprises (SMEs) contribute significantly to the economic success of many countries, especially developing countries. They are the backbone of most economies. Globally, SMEs makeup about 90% of …
Olumide Soyombo, one of Africa’s most prolific and active early-stage investors in tech startups, has announced the launch of Voltron Capital – a Pan-African pre-seed & seed firm for elite …
Taager, an Egyptian social e-commerce startup, has raised a US$6.4 million seed funding round to help it scale its platform and expand across the Middle East. This round was led …
Nigerian fintech and lending startup Lidya has announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital led the investment through its uMunthu Fund with the participation …