text

PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. It’s literally a no-brainer.The concept is ub

text

Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa

There are over 1 billion mobile money accounts globally. Africa leads the way in transaction value and volume thanks to M-Pesa, largely used in East Africa. Other regions across the continent are also

text

South African payments startup Yoco raises $83M Series C backed by Dragoneer

Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world. They are the backbone of most economies: Globally, SMEs re

text

Paystack expands to South Africa seven months after Stripe acquisition

Nigerian fintech startup Paystack has been relatively quiet since it was bought by fintech giant Stripe last October. The deal, worth more than $200 million, caused shockwaves to the African tech ecos

text

Nigeria’s Cowrywise raises $3M pre-Series A to scale its wealth management platform

Cowrywise, a Nigerian fintech startup that offers digital wealth management and financial planning solutions, has raised $3 million in pre-Series A funding. Quona Capital led the round as Tsadik Found

text

Africa turns to mobile payments as a tool to curb COVID-19

Africa is using digital finance as a means to stem the spread of COVID-19.Governments and startups on the continent are implementing measures to shift a greater volume of payment transactions toward m