StartupNews Africa
News on the companies, capital and people shaping African technology, in publication order.
Showing 41–60 of 159 articles
Funding
EAAIF is a blended finance channel that supports infrastructure projects through public and private debt capital. The fund provides debt products on commercial terms to projects belonging to, and operated, by private sector experts.
Funding
NjiaPay’s platform operates and combines PSP’s and payment methods, offering business a single integration point for managing transactions.
M&A
At the time of acquisition, ExiPay held existing contracts with several enterprise clients and PSPs operating in South Africa and other African markets, including omnichannel retail brand Bash. With this acquisition, Stitch will serve Bash for both their online and in-person payments needs, and will continue serving other existing ExiPay clients.
Funding
Cauridor aims to ease cross-border transactions for merchants, banks, telecom operators, and money transfer companies in the untapped region of Francophone Africa.
FinTech
UsPlus aims to use the new capital to strengthen its balance sheet and attract further senior debt funding.
M&A
Ignite Power was founded in 2014 by Yariv Cohen, who pursues the mission of providing solar-powered life-enhancing solutions to some of the continent’s most underserved communities.
Funding
Fincart.io addresses these pain points by consolidating the region’s largest courier network into a single platform, enabling merchants to streamline order management, access competitive shipping rates, and unlock financial support.
Funding
Furaha was founded by Yustus Aribariho and Ian Fernandes, aiming to utilize SC Ventures’ risk management expertise and Yabx’s AI-driven lending platform to address the financial needs of underserved communities.
Funding
Today, Accrue boasts over 200,000 users across eight African countries: Nigeria, Ghana, Kenya, South Africa, Cameroon, Uganda, Zambia, and Malawi.
Funding
Moniepoint has carved a territory for itself by providing digital financial services to individuals and businesses.
Funding
Kapu boasts of serving 100,000 households per month and processing 2 million customer orders annually, claiming to have delivered $1m in savings to consumers.
Funding
This deal marks a pivotal moment for DisrupTech Ventures, as it indicates a willingness to diversify its portfolio beyond traditional fintech to include blockchain-based solutions.
Funding
Climate change in South Africa aggravates the risks to crucial infrastructure. Insight Terra hopes to bridge this converting real-time data into actionable insights and ensure operational safety and regulatory compliance.
Funding
As a testament to Enko Education’s impact, the group has seen more than 1,700 graduates secure admission to over 500 prestigious universities worldwide, including Yale University, Sciences Po, and the University of Toronto.
Funding
The funding is in step with Maxula Gestion’s broader ambition to inject fresh life into Tunisia’s sports sector through innovative ideas.
Funding
The investment will allow Sevi to further develop its technological infrastructure, expand its network of suppliers and retailers, and enhance financial inclusion for SMEs across Kenya.
FinTech
MoneyHash’s milestone funding comes amid rising investment in African fintech startups, which have proven to be trailblazers in venture capital funding on the continent.
Funding
“This investment marks an exciting milestone, as we continue to define a new category of insurance,” says Alex Thomson, co-founder of Naked.
FinTech
Since its inception in 2021, Onafriq has rapidly spread across Africa through acquisitions and organic growth while its headquarters remained in London.
Funding
Since its inception, Seamless HR has designed its offerings with an outlook on Africa, hoping to expand and adapt its innovative solutions to the various needs of businesses across Africa.