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Flutterwave Expands US Footprint with Money Transfer Licenses in 13 States
Flutterwave Expands US Footprint with Money Transfer Licenses in 13 States African payments leader, Flutterwave, has acquired money transfer licenses for 13 additional states in the United States, marking…
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12 Kenyan EdTech Startups Receive $1.2 Million to Advance Education Innovation
12 Kenyan EdTech Startups Receive $1.2 Million to Advance Education Innovation Twelve Kenyan EdTech startups have received a significant boost in their mission to revolutionize education. Through the MasterCard…
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Kenyan Insurtech Lami’s Acquisition of Bluewave Falls Through: A Missed Opportunity or New Beginnings?
In February 2022, Kenyan insurtech Lami made headlines by announcing its acquisition of Bluewave, a fellow insurance startup. This deal promised expanded product offerings and facilitated Lami’s entry into…
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Kenyan Insurtech Lami’s Acquisition of Bluewave Falls Through: A Missed Opportunity or New Beginnings?
Kenyan Insurtech Lami’s Acquisition of Bluewave Falls Through: A Missed Opportunity or New Beginnings? African fintech startup Bujeti has secured $2 million in seed funding to expand its corporate…
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Kenyan Fintech Pezesha Launches 2.0: Transforming SME Financing with Digital Innovation
Kenyan fintech startup Pezesha has launched a significant upgrade to its platform, dubbed “Pezesha 2.0.” This new iteration represents a major step forward in Pezesha’s mission to empower micro-SMEs…
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Nigerian Regulator Cracks Down on Unlicensed Deposit-Taking Fintechs Following Fraud Concerns
The Nigerian Inter-Bank Settlement System (NIBSS) has issued a stern warning to unlicensed financial services companies operating as deposit-taking institutions. This move signals a significant step towards stricter regulatory…
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Pivo, Nigerian Fintech Startup, Shuts Down Amidst Funding Challenges
Pivo, a Nigerian fintech startup that had raised over $2.6 million in funding, has ceased operations. The company, which provided banking services to small supply chain businesses in Nigeria,…
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Kenyan Startup Tappi Secures $1.5 Million Pre-Seed Funding to Empower SMEs
Tappi has raised $1.5 million in a pre-seed funding round. Led by Mercy Corps Ventures and Chui Ventures, the investment will fuel Tappi’s expansion across Nigeria and Kenya, enabling…
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Startupbootcamp AfriTech Launches OnAfrica Investment Syndicate for African Startups
Startupbootcamp AfriTech has introduced the OnAfrica Investment Syndicate, led by Henry Ojuor, aiming to enhance the tech ecosystem by connecting startups with mentors and investors. This mentor-led Angel community…
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Kenya’s Innovation Leap: President Ruto Pledges to Enact Startup Bill, Igniting a New Era of Growth
President William Ruto has pledged to endorse the Startup Bill 2022, a transformative move aimed at fortifying Kenya’s startup sector. Scheduled for signing by April next year, the bill…
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