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Tanzanian Fintech Startup NALA Raises $40 Million in Series A Funding Led by Acrew Capital
The Tanzanian fintech startup NALA is on a sharp rise, securing a staggering $40 million in its Series A funding round. Led by the San Francisco-based venture capital firm…
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Timbuktoo Project by UNDP Brings Pioneering Fintech Centre to Nigeria
The highly anticipated Timbuktoo Fintech Hub, a first-of-its-kind facility designed to boost innovation and growth within the Pan-African ecosystem, has officially launched in Lagos, Nigeria. This collaborative effort, spearheaded…
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DBN Partners with Addium Capital for Techpreneur Summit 2024
The Nigerian tech landscape is set for a surge of growth thanks to the upcoming DBN Techpreneur Summit 2024, scheduled for July 10, 2024, in Lagos. Organised by the…
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Africhange Expands Global Footprint with UK-Nigeria Money Transfer Corridor
Africhange, a leading global provider of remittance services, has officially launched its operations in the United Kingdom. This exciting development promises a simpler, faster, and more affordable way to…
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African Fintech Leader Payaza Rebrands for Continued Growth and Impact
Payaza Africa Limited launched a new brand identity called Payaza 2.0 at an event in Lagos. This rebranding includes a new website and an improved web app interface. Payaza…
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Accelerex Leads the Way in Digital Payments with Nigerian Fingerprint Launch
Accelerex, a leading force in Nigeria’s fintech industry, has unveiled a pioneering solution: pay with fingerprint. This innovative technology ushers in a new era of secure and convenient payments,…
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IBISA Targets Africa and Asia with $3 Million Investment in Parametric Insurance
IBISA, a Luxembourg-based insurtech startup, recently secured $3 million in funding, led by the Acumen Resilient Agriculture Fund (ARAF) and Equator. Climate change is wreaking havoc on global agriculture,…
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APA Teams Up With Hollard Health to Offer Digital Insurance in Kenya
APA Insurance and Hollard Health are leading in a new era of healthcare management in Kenya with the launch of APA Hollard Health. This innovative solution puts you, the…
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Faulu Bank Announces Major Investment to Boost Digital Transformation
Faulu Microfinance Bank, a cornerstone of Kenyan financial services for over 30 years, is embarking on a bold transformation journey. Recognising the ever-growing demand for digital solutions, Faulu is…
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Kenya Leads African Startup Funding in First Half of 2024
Kenya emerged as the undisputed champion in the first half of 2024 among African startups, attracting the most funding of a remarkable $244 million, while overall investment dipped significantly…
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