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4 Lessons Private Equity Can Learn After a Huge 2020 for African VC

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SA Fintech Ukheshe Partners with dzcard for Asia Pacific Expansion

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Nigeria’s OPay Raises $400-Million in Largest Investment Round by African Startup

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Nigerian FinTech Kuda Bank Closes $55-Million Series B Funding Round

Image sourced from Tech Crunch. Kuda Bank, a Nigerian fintech startup has raised $55-million in a Series B funding round at a valuation of $500-million. Previously, the company announced it had raised $25-million during a round of Series A funding a little over four months ago. Co-leading this latest round of funding were existing investors Target Global and Valar Ventures – a firm co-founded and backed by PayPal co-founder, Peter Thiel. Joining them were SBI Investment and other previous participants. According to Kuda’s co-founder and CEO, Babs Ogundeyi, the startup aims to build a new take on banking services for “every African on the planet” – in service of these lofty goals, the startup is looking to use the funds raised during this latest round to build on its platform for Nigeria, a...

There Are More Fintech Startups in Africa Now Than Ever Before

Image sourced from Payspace Magazine. /* custom css */ .tdi_4_77c.td-a-rec-img{ text-align: left; }.tdi_4_77c.td-a-rec-img img{ margin: 0 auto 0 0; } Africa’s fintech sector is growing and maturing, with more startups active in the space than ever before, platforms increasingly offering a variety of services, and investment and acquisitions taking place to an unprecedented degree. Every two years since June 2017, startup-focused news and research company Disrupt Africa has released the Finnovating for Africa publication, which tracks the extraordinary development of the fintech ecosystem across Africa over the last few years. The 2021 edition of the report, which is for the first time available free to all as part of an open-sourcing initiative in partnership with key partners Flutterwave ...

Egyptian Fintech Startup Offers Online Payment Platform for Students

Sourced from Innovation Village. Local fintech startups Klickit (previously known in the market as Q-Less) and Paymob are officially enabling digital payments for educational entities affiliated with global advisory and educational management firm GEMS Education. This agreement will allow parents of students in GEMS schools across Egypt to make tuition payments online for over 6,000 students. The model is expected to be rolled out to more countries in the future. The GEMS network includes more than 250 schools in 13 countries, of which four are in Egypt, namely The British School Al-Rehab, Madinaty Language School, Madinaty Integrated Language Schools (MILS) and The British International School Madinaty. “Our partnership with Klickit is driving our digital transformation goals forward. Thr...

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