Fintech News
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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…
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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…
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Mastercard Africa Growth Fund Invests $27 million in Three Africa-Focused Investment Firms
The Mastercard Africa Growth Fund has approved investments in three Africa-focused investment firms: Chui Ventures, VestedWorld, and SME Impact Fund. These investments totaling $27 million…
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Aalto Haps’ Solar-Powered Drones Light Up Kenya’s Skyline and Job Market
In a groundbreaking initiative aimed at transforming communication services, AALTO HAPS Ltd., a subsidiary of Airbus, is making remarkable progress in the deployment of solar-powered…
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Bitmama Acquires Virtual Card Service Provider Payday
Bitmama Inc., a leading cryptocurrency exchange in Nigeria, has acquired Payday, a virtual card service provider. The acquisition, which marks a significant development in the…
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Bigstore Africa Unveils in Kenya: Transforming eCommerce with Strategic Angel Funding
Bigstore Africa, the latest entrant in Kenya’s eCommerce scene, has unveiled its platform following a successful angel funding round. The online store, specializing in home…
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Empowering E-Commerce: Unveiling the Impact of Lipa Later Group’s Strategic Investment in Sky.Garden
Nairobi-based fintech platform, Lipa Later Group, has successfully secured a KES 500 million private debt issuance, solidifying its commitment to providing innovative financing solutions. The…
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