Startups
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Dash, Ghanaian Fintech Startup, Shuts Down After Allegations of Fraud
Dash, a Ghanaian fintech startup with a mission to connect mobile money wallets and bank accounts across Africa, has confirmed that it is shutting down…
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Baobab Network Launches Co-Investment Vehicle and $100,000 Investment Offering to 1,000 African Startups
Baobab Network, a venture capital firm focused on investing in early-stage African tech companies, has announced a plan to invest in a thousand African tech…
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Tanzanian Startup Bizzyn Simplifies Financial Management for African SMBs as it expands to Kenya and Malawi
Tanzanian startup Bizzyn, a cloud-based financial management software designed specifically for small and medium-sized businesses (SMBs) in Africa, is already operating in Kenya and Malawi…
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Solv Kenya Surpasses Sh1 Billion in Invoice Funding to SMEs in First Year
Solv Kenya, a B2B marketplace for SMEs, has surpassed Sh1 billion in invoice funding to Kenyan SMEs in its first full year of business. The…
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Stitch, a rapidly scaling payment solutions provider, secures $25M Series A Extension round and unveils new brand identity
Stitch, a leading payment solutions provider in South Africa, has announced a significant milestone in its growth trajectory with the successful closure of a $25…
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Lipa Later secures $3.4m debt funding to expand its fintech offerings
Kenyan fintech startup Lipa Later has raised KES500 million (US$3.4 million) in a privately-placed debt issuance to help it expand its offerings. The company, which…
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Revio, a South African fintech, secures $5.2M in seed funding to streamline payments
Africa’s payment landscape is fragmented, with many operators offering different payment options. This leads to payment failures due to invalid cards, inactive accounts, and high…
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Google Selects Two Kenyan Startups for AI for Health Program
Two Kenyan startups, Zuri Health and izola, have been selected to participate in the Google for Startups Growth Academy, AI for Health program. The program…
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Kenyan Logistics Startup Sendy Ceases Operations After Failing to Raise Sufficient Funding
Kenyan Logistics Startup Sendy Enters Administration Kenyan logistics startup Sendy has gone into administration, appointing Peter Kahi of PKF Consulting Limited to oversee its operations.…
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eBiashara: A Kenyan startup that is powering digital transformation across diverse businesses
eBiashara was founded in 2014 and has grown from a supply chain finance platform to a leading ICT enterprise solutions provider, offering cloud computing, e-commerce,…
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