AppsFlyer, the global marketing measurement leader, today released its 2021 edition of The State of Finance App Marketing report. The COVID-19 pandemic directly impacted how consumers interact with financial institutions and how the institutions themselves [c]
Kenyan fintech startup Kwara has been selected for the Norrsken Impact Accelerator in Europe’s unicorn capital, Stockholm, Sweden. Norssken announced that Kwara is one of the twenty startups selected to join the prestigious Norrsken Impact Accelerator. This follows applications [c]
Nairobi-based boutique corporate law firm, Kieti Advocates LLP, recently established a partnership with Cliffe Dekker Hofmeyr (CDH), leading to the creation of the new firm known as Kieti Law LLP with effect from 1 April [c]
Digital banking platform and fintech company Kwara has been selected for the first cohort of the Ninja Accelerator programme in Kenya. Growth Africa announced that out of 178 applicants, Kwara was one of the five startups selected to [c]
E-commerce sales globally amounted to $4.28 trillion in 2020. This was mainly attributed to lockdowns, social distancing, and the push to work from home, which meant no in-store purchases. Locally, e-commerce has proliferated over the [c]
Nigerian fintech platform and Open Finance (API Economy) pioneers, Okra, has secured a $3.5 milion Seed raise. The round was led by US-based Susa Ventures, with participation from existing investors TLcom Capital, and newly joined [c]
Appzone, the pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the close of its $10 million Series A round. Led by CardinalStone Capital Advisers with participation [c]
By Oluwasanmi Akinmusire Informal employment represents 80-90% of the total workforce in most African countries, forming the bulk of the workforce. Gig workers are a growing segment of the informal economy, driven by an increase [c]
By Francis Wainaina When it comes to digital transformation, there’s no such thing as an overnight success. Businesses that can leverage innovations in technology often take a few years to get the formula right, which [c]
ImaliPay, an African-based fintech start-up is making waves by reshaping the future of work in the gig economy. The Australian venture capital firm TEN13 reputed for investing in top-tier start-ups has invested an undisclosed amount [c]
GOODsoil VC, an Africa-focused early stage venture capital firm headed by a diverse team of entrepreneurial investors, has invested $940,000 seed capital in Ghanaian fintech company Zeepay as part of its mission to drive financial [c]
2021 will see the rise and dominance of the low-touch economy with a digital-first mantra according to Grant Phillips, CEO of e4, a fintech specialist. Driven by the impact that the Covid-19 pandemic had on [c]
Ukheshe, an Africa-based digital fintech platform provider, has announced it has entered into an agreement to acquire Oltio. Oltio developed the digital payments platform that supports Masterpass, Mastercard’s QR payment service in South Africa and [c]
After serving for almost 2 years handling various clients as an Account Manager at Tell-Em PR , Lenin Lumumba has announced his departure from agency to corporate by moving to Kwara, a fintech firm. Lumumba, [c]
Opera, the Norway-founded mobile browser with more than 360 million users with new product lines across content, classifieds and fintech, has announced its intention to purchase Fjord Bank, a digital consumer finance bank based in [c]
Nigerian fintech platform Okra has secured a $1 million pre-seed investment from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next wave of fintech innovation. With the first API in Africa to [c]
By Boko Inyundo Data protection and privacy regulation in most, or even all, African countries are often less mature – particularly when compared to the EU’s General Data Protection (GDPR) regime. As such, economies on [c]
Carbon has set up a $100,000 pan-African fund to address the lack of funding and support holding back budding tech entrepreneurs on the continent. Carbon’s Disrupt fund, the first of its kind by an African [c]
A Nigerian fintech start-up, Aella with a focus on improving financial inclusion for West Africa’s low-income segment, has raised a $10 million debt financing round, from HQ Financial Group (HQF), a Singapore-based private company specializing [c]
While about 18 million Ugandans are now able to access services via the internet, only a fraction of the 18 million are able to bank, pay school fees or utility bills, order transport, search for [c]
Mauritius-based fintech 4G Capital has announced the completion of its second round of fundraising. The investment was secured by a $2 million debt facility from Ceniarth, bringing the total raised to $4 million. 4G Capital [c]
Kenyan start-up Alternative Circle has been recognized as one of the top fintechs in a first ever survey on the emerging industry, globally. The first Global Fintech Index city ranking 2020 by Findexable, a platform [c]
Safaricom has challenged innovators in the telecoms and financial sector to tap into the fintech industry in Kenya which is expected to top Kshs 100 billion next year. Safaricom Chief Financial Services Officer Sitoyo Lopokoiyit [c]
Carbon, a Nigeria-based digital financial services company, has launched Carbon for Business, a digital financial services platform that provides startups, small and medium-sized enterprises (SMEs) and FinTechs with the services and technology they need to [c]
Ecobank Group has announced the appointment of Mrs Aissatou Djiba Diallo, formerly of Microsoft, as its new Senior Fintech Advisor to strategically raise the bank’s support for the fintech sector. In her new role Djiba [c]
FairMoney, a Paris-based fintech startup, has closed a 10 million euro ($11 million) Series A round of investment led by Flourish, a venture of the Omidyar Group, the partners of DST Global, and existing seed [c]
Atlas AI and Econet have partnered to leverage Artificial Intelligence (AI) and Machine Learning (ML) to expand digital transformation opportunities in Africa. Atlas AI – a Silicon Valley tech company that addresses economic data and [c]
Technology, the 4th industrial revolution, came with numerous benefits, and constant creative innovation continues to flood the market. There’s no doubt you’ve already interacted with certain types of technologies. For example, online shopping from the [c]
Third-party payments enabler, Tutuka, has announced that global financial services investor, Apis Partners – as the manager of Apis Growth Fund II – has acquired a majority stake in the company. Apis acquired their stake [c]
At the 3rd Women in Africa Annual Summit held in Marrakech, Morocco from June 27 to 28, 2019, the delegates drawn from more than 80 countries agreed that African women need to take the leading [c]
Over the past few years, there has been a proliferation of new fintech models, offering alternative financial solutions to the conventional set-ups, more so in the lending sub-sector in Africa. New horizons in the African [c]
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