Sun. Dec 3rd, 2023
Trending News: Deglobalization in Payments: The Rise of Universal Payment Systems (UPS)US Fintech Grey Embarks on Global Rebranding, Signaling Expansion and InnovationLipa Later Invests Ksh. 250 Million in SkyGarden to Transform E-commerce in KenyaB54: A Fintech Bridge for Startups Seeking Growth CapitalKacha and Ezra Partner to Expand Digital Lending Access in EthiopiaVERTO Partners with UBA Bank to Drive Financial Innovation in East AfricaKenya’s Startup Bill on Track for April 2024 EnactmentJOBJACK, a South African Recruitment Startup Secures Pre-Series A FundingTwiga Foods Secures Funding Amidst RestructuringTop 10 Most Funded African Startups in 2023How USSD is a Dominant Payment Channel for Africans Despite Growing AlternativesOrange Launches Max it, a Super-App Revolutionizing Digital Experiences in Africa and the Middle EastKisumu-Based AquaRech Secures $1.7 Million Seed Funding to Empower African AquacultureNigeria Unveils Startup Support and Engagement Portal to Implement Startup ActStitch Embraces Crypto Payments with the Launch of “Pay with Crypto”FrontEdge: A Nigerian Fintech Revolutionizing Cross-Border Trade Financing for African SMEs secures $10 millionInnovative Nigerian Fintech Raenest Partners with Africa Tech Summit Nairobi as Headline Sponsor for 2024 eventSasaPay Named Africa’s Best Emerging Digital Payment Provider of the YearHow National Duka-Owners Association is Empowering Micro-Retailers in KenyaAfrica’s FinTech Revolution: Driving Financial Inclusion and Economic GrowthFlutterwave expands to Malawi extending its African footprint in Cross-Border Remittance SolutionZazuu, African Remittance Marketplace, Shuts Down Amidst Funding DroughtZoho Captures Expanding Market Share in Nigeria, Fueling Regional Growth and Digital TransformationPaystack Streamlines Operations, Prioritizing African Presence after laying off 33 employees in Europe and UAECellulant Extends Reach to Egypt, Strengthening its Position as Africa’s Leading Payment Infrastructure ProviderNovastar Ventures Forges Strategic Partnership with SBI Holdings, Catalyzing Japanese Investment in AfricaPineapple Secures $22 Million Series B Funding, Becoming Africa’s Most Capitalized Insurtech StartupYellow Card becomes the first Fintech in Africa to Launch PayPal USD (PYUSD)AfDB Approves $618 Million Investment in Nigeria’s i-DICE Initiative for startupsPundi X Introduces New “Pay via Email” Feature for Secure and Efficient Cryptocurrency PaymentsNext Fintech Forum 2023 to Shape Francophone Africa’s CommerceFlutterwave Wins Second Fraud Case in Kenya, Receives Green Light for ExpansionVerto and Investec Partner to Redefine Cross-Border B2B Payments for South African BusinessesAirpay’s Launch in Tanzania Ushers in a New Era of Financial Inclusion and Digital EmpowermentSafaricom and Sumitomo Corporation Partner to Support Startups through Spark Accelerator ProgramKenya to Host Pan-African Payments and Settlement System (PAPSS)Payments Giant Flutterwave Seeks New CFO Following Sudden Departure of Oneal BhambanFintech and Blockchain remittance App Minit Money Launches in South Africa, Enabling Zambians to Send Money Home Easily and AffordablyChipper Cash and Visa Expand Partnership to Accelerate Financial Inclusion in AfricaUgandan Startups Dominate at Global Startup Awards Africa SummitKenya’s Fintech Sector Under Siege from CyberattacksKenyan MSMEs Gear Up for 23rd EAC Trade Fair in BurundiNorrsken22, Pan-African Venture Capital Firm, Closes Debut Fund at $205 MillionMFS Africa Rebrands to Onafriq, Aiming to Wire Up the Whole ContinentNigeria-based commodities startup AFEX raises $26.5M from BII to support smallholder farmers and improve food security in AfricaAfrica Fintech Summit 2023: A Deep Dive into Innovation to be held in Lusaka, ZambiaMaisha Meds Receives $5.25 Million in Funding to Scale Up Malaria Care in AfricaAfrican Fintech Startups Raise Over $1 Billion in Funding in Q3 2023Insurtech Startup Inclusivity Solutions Secures $1.5 Million Extension Round to Expand to 12 African Markets by 2024Tunisian Fintech My Easy Transfer Raises $423K to Simplify Money Transfers and Expand ServicesBitnob Leads the Way in Fintech Innovation with UMA IntegrationNigerian Fintech Startup Vella Finance shifts from Crypto to SME Banking to Drive Financial Inclusion and GrowthKenyan Conversational Commerce Startup Sukhiba Connect Powers Seamless Buying and Selling on WhatsApp as Social Commerce Booms Across AfricaSuperPay, an Egyptian Fintech Powerhouse launched by a partnership between Banque Misr and Etisalat MisrAfrican Fintech projected to undergo a 13% exponential growth by 2030Egyptian Edtech Startup Crafty Workshop Raises $400,000 in Seed FundingPAL, a Ghanaian Fintech Provides Innovative Payment Infrastructure for Francophone AfricPaystack Launches in Kenya, Bringing Its Fast and Secure Payment Processing to Kenyan BusinessesNova Credit Raises $45 Million to Expand Open Finance Credit ProductsKenya’s Increased Taxation Forces Small Businesses to Ditch Mobile Money PaymentsSanari capital, a South African firm Closes $65 Million Growth Fund to Drive Economic Development in AfricaEgyptian Insurtech Startup Amenli Secures $1 Million Funding to Accelerate GrowthKenyan Fintech Company Data Integrated Receives Official Approval to Operate as a Payment Service Provider from CBKSouth African Logistics Software Platform Tripplo Secures $1.8M Seed Funding ExtensionFlutterwave joins forces with Microsoft to Revolutionize Digital Payments for Businesses Across AfricaUkheshe unveils Scan to Pay: South Africa’s Leading QR Payment EcosystemKenyan BNPL Provider EDOMx Partners with finbotsAI to Enhance Credit Risk ManagementKenyan Fintech FlexPay Takes 2nd Runners-Up Spot in Ecobank Fintech Challenge 2023Dash, Ghanaian Fintech Startup, Shuts Down After Allegations of FraudMOGO Reaffirms Commitment to Responsible LendingBaobab Network Launches Co-Investment Vehicle and $100,000 Investment Offering to 1,000 African StartupsTanzanian Startup Bizzyn Simplifies Financial Management for African SMBs as it expands to Kenya and MalawiSolv Kenya Surpasses Sh1 Billion in Invoice Funding to SMEs in First YearStitch, a rapidly scaling payment solutions provider, secures $25M Series A Extension round and unveils new brand identitySanlam Launches Fintech Cluster to Accelerate Financial Inclusion Across AfricaNigerian Fintech Startups Risevest and Chaka Merge, Reflecting Consolidation Trend in AfricaCBK Joins Pan-African Payments System, Boosting Intra-African TradeEnza Capital: A Venture Capital Firm with a Founder-First ApproachLipa Later secures $3.4m debt funding to expand its fintech offeringsKua Ventures, a Kenyan Impact Investment Firm, Invests Over $1 Million in SMEsRevio, a South African fintech, secures $5.2M in seed funding to streamline paymentsGoogle Selects Two Kenyan Startups for AI for Health ProgramKenyan Logistics Startup Sendy Ceases Operations After Failing to Raise Sufficient FundingANKA, Africa’s Leading E-Commerce Platform for Artisans, Receives $3.4 Million Investment from IFC to Scale OperationsKenya’s Agrifoodtech Startups Lead the Way in Africa with KES 89.8 Billion Investment In a DecadeeBiashara: A Kenyan startup that is powering digital transformation across diverse businessesFinanceGPT: A Generative AI Startup Helping Companies with Financial AnalysisPayday in Talks to Sell Company Six Months After Securing $3 Million in FundingNigerian Autotech Startup Fixit45 Raises $1.9 Million to Expand into East AfricaTuraco and MicroEnsure Join Forces to Make Affordable Insurance More Accessible Across AfricaFlexPay: The Kenyan fintech that’s helping shoppers save smarterHow to scale up a Startup in AfricaSendwave unveils new banking product targeting Kenyans in the USAfrica Money and DeFi Summit to showcase 9 ventures including Kenya’s Save appMecho, a Nigerian Autotech raises $2.4m in pre-Series A funding roundLipa Later Secures Approval for Public Fundraising in the United States and Closes KES 500 Million Debt IssuanceEmata raises $2.4 million in seed fundingNigeria’s Flutterwave To Invest Sh7.33 Billion In KenyaLipa Later, a Kenyan Fintech secures $5M debt fundingSasaPay Launches Innovative Upgrade SasaPay 2.0
Nairobi, Kenya
Sun. Dec 3rd, 2023
Trending News: Deglobalization in Payments: The Rise of Universal Payment Systems (UPS)US Fintech Grey Embarks on Global Rebranding, Signaling Expansion and InnovationLipa Later Invests Ksh. 250 Million in SkyGarden to Transform E-commerce in KenyaB54: A Fintech Bridge for Startups Seeking Growth CapitalKacha and Ezra Partner to Expand Digital Lending Access in EthiopiaVERTO Partners with UBA Bank to Drive Financial Innovation in East AfricaKenya’s Startup Bill on Track for April 2024 EnactmentJOBJACK, a South African Recruitment Startup Secures Pre-Series A FundingTwiga Foods Secures Funding Amidst RestructuringTop 10 Most Funded African Startups in 2023How USSD is a Dominant Payment Channel for Africans Despite Growing AlternativesOrange Launches Max it, a Super-App Revolutionizing Digital Experiences in Africa and the Middle EastKisumu-Based AquaRech Secures $1.7 Million Seed Funding to Empower African AquacultureNigeria Unveils Startup Support and Engagement Portal to Implement Startup ActStitch Embraces Crypto Payments with the Launch of “Pay with Crypto”FrontEdge: A Nigerian Fintech Revolutionizing Cross-Border Trade Financing for African SMEs secures $10 millionInnovative Nigerian Fintech Raenest Partners with Africa Tech Summit Nairobi as Headline Sponsor for 2024 eventSasaPay Named Africa’s Best Emerging Digital Payment Provider of the YearHow National Duka-Owners Association is Empowering Micro-Retailers in KenyaAfrica’s FinTech Revolution: Driving Financial Inclusion and Economic GrowthFlutterwave expands to Malawi extending its African footprint in Cross-Border Remittance SolutionZazuu, African Remittance Marketplace, Shuts Down Amidst Funding DroughtZoho Captures Expanding Market Share in Nigeria, Fueling Regional Growth and Digital TransformationPaystack Streamlines Operations, Prioritizing African Presence after laying off 33 employees in Europe and UAECellulant Extends Reach to Egypt, Strengthening its Position as Africa’s Leading Payment Infrastructure ProviderNovastar Ventures Forges Strategic Partnership with SBI Holdings, Catalyzing Japanese Investment in AfricaPineapple Secures $22 Million Series B Funding, Becoming Africa’s Most Capitalized Insurtech StartupYellow Card becomes the first Fintech in Africa to Launch PayPal USD (PYUSD)AfDB Approves $618 Million Investment in Nigeria’s i-DICE Initiative for startupsPundi X Introduces New “Pay via Email” Feature for Secure and Efficient Cryptocurrency PaymentsNext Fintech Forum 2023 to Shape Francophone Africa’s CommerceFlutterwave Wins Second Fraud Case in Kenya, Receives Green Light for ExpansionVerto and Investec Partner to Redefine Cross-Border B2B Payments for South African BusinessesAirpay’s Launch in Tanzania Ushers in a New Era of Financial Inclusion and Digital EmpowermentSafaricom and Sumitomo Corporation Partner to Support Startups through Spark Accelerator ProgramKenya to Host Pan-African Payments and Settlement System (PAPSS)Payments Giant Flutterwave Seeks New CFO Following Sudden Departure of Oneal BhambanFintech and Blockchain remittance App Minit Money Launches in South Africa, Enabling Zambians to Send Money Home Easily and AffordablyChipper Cash and Visa Expand Partnership to Accelerate Financial Inclusion in AfricaUgandan Startups Dominate at Global Startup Awards Africa SummitKenya’s Fintech Sector Under Siege from CyberattacksKenyan MSMEs Gear Up for 23rd EAC Trade Fair in BurundiNorrsken22, Pan-African Venture Capital Firm, Closes Debut Fund at $205 MillionMFS Africa Rebrands to Onafriq, Aiming to Wire Up the Whole ContinentNigeria-based commodities startup AFEX raises $26.5M from BII to support smallholder farmers and improve food security in AfricaAfrica Fintech Summit 2023: A Deep Dive into Innovation to be held in Lusaka, ZambiaMaisha Meds Receives $5.25 Million in Funding to Scale Up Malaria Care in AfricaAfrican Fintech Startups Raise Over $1 Billion in Funding in Q3 2023Insurtech Startup Inclusivity Solutions Secures $1.5 Million Extension Round to Expand to 12 African Markets by 2024Tunisian Fintech My Easy Transfer Raises $423K to Simplify Money Transfers and Expand ServicesBitnob Leads the Way in Fintech Innovation with UMA IntegrationNigerian Fintech Startup Vella Finance shifts from Crypto to SME Banking to Drive Financial Inclusion and GrowthKenyan Conversational Commerce Startup Sukhiba Connect Powers Seamless Buying and Selling on WhatsApp as Social Commerce Booms Across AfricaSuperPay, an Egyptian Fintech Powerhouse launched by a partnership between Banque Misr and Etisalat MisrAfrican Fintech projected to undergo a 13% exponential growth by 2030Egyptian Edtech Startup Crafty Workshop Raises $400,000 in Seed FundingPAL, a Ghanaian Fintech Provides Innovative Payment Infrastructure for Francophone AfricPaystack Launches in Kenya, Bringing Its Fast and Secure Payment Processing to Kenyan BusinessesNova Credit Raises $45 Million to Expand Open Finance Credit ProductsKenya’s Increased Taxation Forces Small Businesses to Ditch Mobile Money PaymentsSanari capital, a South African firm Closes $65 Million Growth Fund to Drive Economic Development in AfricaEgyptian Insurtech Startup Amenli Secures $1 Million Funding to Accelerate GrowthKenyan Fintech Company Data Integrated Receives Official Approval to Operate as a Payment Service Provider from CBKSouth African Logistics Software Platform Tripplo Secures $1.8M Seed Funding ExtensionFlutterwave joins forces with Microsoft to Revolutionize Digital Payments for Businesses Across AfricaUkheshe unveils Scan to Pay: South Africa’s Leading QR Payment EcosystemKenyan BNPL Provider EDOMx Partners with finbotsAI to Enhance Credit Risk ManagementKenyan Fintech FlexPay Takes 2nd Runners-Up Spot in Ecobank Fintech Challenge 2023Dash, Ghanaian Fintech Startup, Shuts Down After Allegations of FraudMOGO Reaffirms Commitment to Responsible LendingBaobab Network Launches Co-Investment Vehicle and $100,000 Investment Offering to 1,000 African StartupsTanzanian Startup Bizzyn Simplifies Financial Management for African SMBs as it expands to Kenya and MalawiSolv Kenya Surpasses Sh1 Billion in Invoice Funding to SMEs in First YearStitch, a rapidly scaling payment solutions provider, secures $25M Series A Extension round and unveils new brand identitySanlam Launches Fintech Cluster to Accelerate Financial Inclusion Across AfricaNigerian Fintech Startups Risevest and Chaka Merge, Reflecting Consolidation Trend in AfricaCBK Joins Pan-African Payments System, Boosting Intra-African TradeEnza Capital: A Venture Capital Firm with a Founder-First ApproachLipa Later secures $3.4m debt funding to expand its fintech offeringsKua Ventures, a Kenyan Impact Investment Firm, Invests Over $1 Million in SMEsRevio, a South African fintech, secures $5.2M in seed funding to streamline paymentsGoogle Selects Two Kenyan Startups for AI for Health ProgramKenyan Logistics Startup Sendy Ceases Operations After Failing to Raise Sufficient FundingANKA, Africa’s Leading E-Commerce Platform for Artisans, Receives $3.4 Million Investment from IFC to Scale OperationsKenya’s Agrifoodtech Startups Lead the Way in Africa with KES 89.8 Billion Investment In a DecadeeBiashara: A Kenyan startup that is powering digital transformation across diverse businessesFinanceGPT: A Generative AI Startup Helping Companies with Financial AnalysisPayday in Talks to Sell Company Six Months After Securing $3 Million in FundingNigerian Autotech Startup Fixit45 Raises $1.9 Million to Expand into East AfricaTuraco and MicroEnsure Join Forces to Make Affordable Insurance More Accessible Across AfricaFlexPay: The Kenyan fintech that’s helping shoppers save smarterHow to scale up a Startup in AfricaSendwave unveils new banking product targeting Kenyans in the USAfrica Money and DeFi Summit to showcase 9 ventures including Kenya’s Save appMecho, a Nigerian Autotech raises $2.4m in pre-Series A funding roundLipa Later Secures Approval for Public Fundraising in the United States and Closes KES 500 Million Debt IssuanceEmata raises $2.4 million in seed fundingNigeria’s Flutterwave To Invest Sh7.33 Billion In KenyaLipa Later, a Kenyan Fintech secures $5M debt fundingSasaPay Launches Innovative Upgrade SasaPay 2.0
Nairobi, Kenya

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