Lipa Later, one of the pioneer buy-now-pay-later (BNPL) companies with operations in Kenya, Rwanda, Uganda, and Nigeria, has raised $12 million from a consortium of investors. The funding, which is a mix of equity and [c]
Pension administrators have a duty to many Americans to look after and maintain many people’s pensions. However, there are some major challenges that can flag up and make their tasks a little more difficult. Here [c]
Pooled funds refer to an assembly of finances or money from prospective investors placed together for investment. You need to know that the finances are usually joined to profit from economies of scale due to [c]
Amitruck has announced an undisclosed investment led by US- based Dynamo Ventures with participation from Plug and Play Ventures and a collection of strategic angel investors. The funds raised will be used to expand Amitruck’s growing [c]
From denial to anger to acceptance, victims of financial fraud often go through something resembling the five stages of grief. Too often, victims of online scams will be reluctant to take action once they realize [c]
TradeDepot, the B2B eCommerce platform for consumer goods in Nigeria, has raised a further $10 million in a pre-Series B equity round co-led by Partech, IFC, Women Entrepreneurs Finance Initiative (We-Fi) and MSA Capital. The [c]
Kobo360, the Togo and Nigeria-based third-party logistics firm, has announced the completion of a $20 million Series A equity round led by Goldman Sachs, with participation from Asia Africa Investment and Consulting and existing investors including [c]
Tala, a provider of loans via mobile phones for underserved consumers, has announced a Kshs 6.5 billion (US $65 million) in new investment to power the growth of its consumer lending app. Tala operates in [c]
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