Ingressive doubles African tech start-up fund to $10m
Ingressive averages $200,000 to $400,000 in individual investments.
Ingressive averages $200,000 to $400,000 in individual investments.
The San Francisco-based start-up operates across seven African countries.
Until this announcement, its P2P lending investment service has been exclusive.
Sparkle already has a banking license from Nigeria’s central bank.
Technology vendor also reveals 13 go-lives for Q4 2020.
“We’re opening the door to another level of innovation,” says founder.
Jumia will help various African governments distribute masks to hospitals.
“If our systems fail, a big part of the economy would fail,” says exec.
Lagos-based Paga holds more than 14 million customers across Nigeria.
This debt financing round is Aella’s second raise.
Thirty fintech start-ups from South Africa, Kenya, Nigeria, India and Mexico will get funding.
Flutterwave has become Worldpay’s only African payments partner.
It comes just weeks after it exited Cameroon and Tanzania.
Nigeria & Ghana have taken significant steps toward increasing access to digitisation.
The Nigerian start-up will use the fresh cash to expand in the region.
Sources say Visa paid $200 million for a 20% stake.
Nigerian bank moves forward with new core system.
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
The company’s USP is to create 100 million jobs worldwide.
FairMoney serves 200,000 customers who are mainly small businesses.
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