Funding
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Enhanced AI Capabilities for Insurance Brokers with Qumis Latest Pre-Seed Funding Round
Qumis, a pioneering AI platform designed to streamline insurance knowledge work, has successfully secured $2.2 million in an oversubscribed pre-seed funding round. Led by Armory…
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How Oui Capital Successfully Turned a $150,000 Investment into an $8 Million Return
In a rare accomplishment for the African venture capital landscape, Oui Capital, a five-year-old early-stage investor, has successfully returned its entire $4 million debut fund.…
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How Latest MoneyHash Funding Will Increase Revenue Generation and Reduce Development Costs for MEA
MoneyHash, a leading payment orchestration platform in the Middle East and Africa (MEA), has successfully raised $5.2 million in a pre-Series A funding round. This…
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This New Technology to Make Tourism More Sustainable with Purple Elephant Ventures Latest Funding Round
Purple Elephant Ventures (PEV), a Nairobi-based venture studio, has secured a stunning $4.5 million in seed funding, marking one of the biggest tourism-tech rounds ever…
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Digital Wallet Users to Enjoy Reduced Cross-Border Payment Fees and Processing Times with Thunes
In a move that promises to significantly impact the cross-border payments landscape in the Asia-Pacific region, Thunes, the “Smart Superhighway” for global money movement, has…
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Why Zepz’s Latest Funding Round is a Game-Changer for Underserved Areas in Sub-Saharan Africa
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $20 million investment in Zepz, the parent company of leading…
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Women-Led African Enterprises Receive $150,000 Boost and How to Benefit from the Investment
A recent investment by Village Capital, facilitated through Standard Chartered’s Women in Tech Financing Facility, is shining a light on the potential of women-led businesses…
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Renew Capital Empowers Enakl to Transform Transportation Across Africa
Moroccan urban mobility startup Enakl recently secured $1.4 million in pre-seed funding to accelerate its mission of providing safer, smarter, and more sustainable transportation solutions…
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Cassava Technologies Announces $310M Funding and Strategic Reorganization
Cassava Technologies, a leading African technology company, has achieved a significant milestone by securing a $90 million equity investment from renowned global investors. This investment…
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Tyme Bank Achieves $1.5B Valuation with $250M Investment Led by Nubank
Tyme Group, a rapidly expanding digital banking company based in Singapore, has announced that Nubank, Latin America’s top digital financial services platform, has made a…
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