October 2023
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African Fintech Startups Raise Over $1 Billion in Funding in Q3 2023
African fintech startups raised over $1 billion in funding in Q3 2023, according to a report by Partech Africa. This represents a 150% increase from…
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Insurtech Startup Inclusivity Solutions Secures $1.5 Million Extension Round to Expand to 12 African Markets by 2024
Inclusivity Solutions, an insurtech startup that delivers embedded insurance solutions into platforms and services that consumers already use, has secured a $1.5 million extension round…
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Tunisian Fintech My Easy Transfer Raises $423K to Simplify Money Transfers and Expand Services
Tunisian fintech My Easy Transfer has raised $423,000 from 216 Capital, a venture capital firm investing in early-stage startups in Tunisia. The funding will help…
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Bitnob Leads the Way in Fintech Innovation with UMA Integration
Bitnob, a leading fintech company in Africa, has announced its integration with Universal Money Address (UMA), a revolutionary payment protocol that enables 24/7 transactions in…
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Nigerian Fintech Startup Vella Finance shifts from Crypto to SME Banking to Drive Financial Inclusion and Growth
Nigerian fintech startup Vella Finance is pivoting from crypto to SME banking, ceasing all cryptocurrency services on October 30th. The move comes just over a…
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Kenyan Conversational Commerce Startup Sukhiba Connect Powers Seamless Buying and Selling on WhatsApp as Social Commerce Booms Across Africa
Kenyan conversational commerce startup Sukhiba Connect is helping businesses across Africa power seamless buying and selling on WhatsApp, as social commerce booms on the continent.…
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SuperPay, an Egyptian Fintech Powerhouse launched by a partnership between Banque Misr and Etisalat Misr
Banque Misr, one of Egypt’s largest banks, and Etisalat Misr, a telecommunications giant, have partnered to launch SuperPay, an innovative electronic payment technology company. This…
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African Fintech projected to undergo a 13% exponential growth by 2030
The global payments arena is undergoing significant transformation, marked by disruption and novel innovations. Driven by technological advancements, there’s been a notable transition from conventional…
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Egyptian Edtech Startup Crafty Workshop Raises $400,000 in Seed Funding
Crafty Workshop, an Egyptian edtech startup specializing in the creative industries, has raised $400,000 in seed funding led by EdVentures, the region’s first corporate venture…
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PAL, a Ghanaian Fintech Provides Innovative Payment Infrastructure for Francophone Afric
PAL, a Ghanaian startup, is providing a much-needed solution to the challenges of cross-border payments in Francophone Africa. The company’s e-money payment infrastructure and liquidity…
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