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Emata raises $2.4 million in seed funding
Emata, a Ugandan agritech startup has raised $2.4 million in seed funding comprising $800,000 in equity and $1.6 million in on-lending capital. The fundraising was backed by African Renaissance…
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Nigeria’s Flutterwave To Invest Sh7.33 Billion In Kenya
Nigeria’s payment startup Flutterwave has announced that it will be investing $50 million (Sh7.33 billion) into the Kenyan payments and remittance market. Its founder, Olugbenga Agboola, also announced in…
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Lipa Later, a Kenyan Fintech secures $5M debt funding
Lipa Later, a Kenyan fintech startup has secured $5 million in a privately placed debt issuance. The fintech plans to use the funding for its growth and expansion plans.…
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SasaPay Launches Innovative Upgrade SasaPay 2.0
Kenyan fintech company SasaPay has unveiled “SasaPay 2.0,” an innovative upgrade of its digital payment platform offering customers a host of groundbreaking features and services that are poised to…
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Afya Mashinani Drive Makes a Significant Impact, Reaching Over 5000 Lives in Nakuru County
Jubilee Health Insurance’s Afya Mashinani Initiative has concluded its transformative medical drive, leaving a lasting impact on the lives of thousands of individuals. This community-focused program, aimed at extending…
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JRA and Vodacom South Africa partner to keep traffic lights working during load shedding
The partnership spearheaded by the JRA and facilitated through a Service Level Agreement (SLA) will leverage electricity sourced from Vodacom’s adjacent buildings to power traffic lights. Through this initial phase…
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![[Kenya] Safaricom partners with EABL and Vivo to offer online shopping](https://fintechnews.co.ke/wp-content/uploads/2023/07/Safaricom-center-1.jpg)
[Kenya] Safaricom partners with EABL and Vivo to offer online shopping
EABL’s The Bar app will enable customers to shop for drinks with free delivery or book for a bar setup for parties and make payments through the M-PESA App.…
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![[South Africa] Trellix Announces Industry Veteran John Morgan as XDR General Manager](https://fintechnews.co.ke/wp-content/uploads/2023/07/john_morgan_trellix.jpeg.png)
[South Africa] Trellix Announces Industry Veteran John Morgan as XDR General Manager
He joins forces with Trellix veteran Gareth Maclachlan, Network and Collaboration Security General Manager. Each focused on the growth of their portfolios, they share a common goal of delivering…
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Aifluence named winner of the Visa Everywhere Initiative (VEI) Kenya Finals
AIfluence, received a $20 000 USD monetary prize and progresses to the Central and Eastern Europe, Middle East, and Africa (CEMEA) regional finals. The winning start-up at the CEMEA Regionals…
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Safaricom’s M-PESA super app has surpassed three million users
Safaricom’s M-PESA super app has surpassed three million users up from 1.2 million in April 2023. Safaricom revealed this on Thursday last week while announcing two new additional services…
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