Africa fintech funding round-up: Pezesha, Duplo, SubsBase, Grey and Anchor
A handy round-up of the recent funding endeavours of fintech companies across Africa.
A handy round-up of the recent funding endeavours of fintech companies across Africa.
The offloading of 63,072,652 shares will raise approximately £538 million, Barclays says.
The challenge has a top cash prize worth $50,000 and is open to early- and late-stage fintech start-ups.
Paynas provides employee management and payment services to MSMEs.
As Feinstein retires, Brandon Williamson has been appointed regional managing director for acquiring in South Africa.
The new funds will help fuel TeamApt’s planned expansion across Africa in the coming months.
Jawhar’s appointment follows the recent hiring of Nile Younis as Klasha’s new chief commercial officer.
The company says micro-investing is a good first step into the space, providing “investment on auto-pilot”.
Retail Capital will form the foundation of an expanded business banking offering within TymeBank.
The Central Bank of Kenya says the deal will “support the stability of Kenya’s microfinance banking sector”.
The micro and small business-focused bank is looking to scale across East Africa.
BML’s ICBS core banking system will replace Sopra’s legacy solution at BDCD.
Flutterwave will provide the infrastructure to enable SendSprint to process cross-border transactions.
FinTech Futures chats with Kim Walters, who led the building of Mojaloop’s software from the ground up.
The partnership will enable “nearly 30 million” Moroccan bank account owners to receive remittances.
Start-up says the funding will support expansion into Saudi Arabia, Pakistan, Ghana and Egypt.
Intellect Design Arena will implement its Intellect Quantum system at the central bank.
BII is the new name of CDC Group, the UK government’s development finance institution.
As CTO, Dhillon will be tasked with developing the fintech platform’s architecture and infrastructure.
Solv says the funding will support its expansion throughout more than 300 cities across Africa and Southeast Asia.
Fido has now raised $38m to date and intends to use the fresh capital to launch new financial products in Ghana.
ATB has migrated its retail and corporate banking business onto Temenos’ core banking system.
With the additional funding, the total Series C funding round stands at $200 million.
Earlier as CFO of Kabbage, Bhambani helped lead its acquisition and integration within American Express.
Following a $100m funding round last year, MFS Africa acquires US-based paytech GTP.
The deal will allow ADCB Egypt to adopt global payment standards such as ISO20022 and Swift GPI.
As part of the deal, Mastercard has also invested in HyperPay, leading a $40 million funding round.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
LeapFrog and Tana will work with Interswitch to increase its customer base and develop new products.
Sood joins from GoCardless, where he was most recently vice president of small business.
The Series B round, the largest fintech Series B in Egypt, was led by Kora Capital, PayPal Ventures and Clay Point.
Oracle FS has landed new-name deals for its Flexcube core banking system in Portugal and Nigeria.
Capitec is South Africa’s largest digital bank, with more than 10 million customers.
MDI aims to drive financial inclusion within Egypt.
Our weekly fintech round-up for you to get the latest funding news from the Middle East and Africa.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Following the Series A, Umba has now raised a total of around $17.5 million to date.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Kippa Payments is the second product launched by the start-up since it was founded in June 2021.