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South African fintech startup Peach Payments closes $31 million Series A funding round

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South African fintech startup Peach Payments closes $31 million Series A funding round

South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.

Peach Payments is a cutting-edge payment platform that allows businesses of all sizes to process payments quickly, securely, and efficiently. By leveraging the latest technology and a deep understanding of customer needs, the startup has emerged as a leader in the fast-growing fintech sector. Peach Payments secured the latest investment from Apis Growth Fund II, a private equity fund managed by Apis Partners, a UK-based asset manager. The startup will use the funding to fuel its expansion plans across South Africa and beyond.

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Nigerian innovative shared-mobility platform Shuttlers secures $4 million for expansion

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Nigerian innovative shared-mobility platform Shuttlers secures $4 million for expansion

 Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.

The funding round was led by Verod-Kepple Africa Ventures, with follow-on investment from VestedWorldEchoVC Partners, CMC 21 & Alsa, and SheEquity. Founded in 2016, Shuttlers offers a range of shared transportation options, including buses, vans, and cars, with routes that cover major cities and suburbs across Nigeria. Their app-based platform allows users to book rides in real-time, and the company is committed to providing safe, comfortable, and reliable services. The company aims to make transportation more accessible and affordable for all Nigerians.

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Kenyan agritech Victory Farms has raises $35 million in Series B funding round 

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Kenyan agritech Victory Farms has raises $35 million in Series B funding round

Kenyan agritech Victory Farms has raised $35 million in Series B funding to finance its expansion plans.

Creadev led the Series B round, with participation from the Acumen Resilient Agriculture Fund (ARAF)DOB Equity, Endeavor Catalyst Fund, and Hesabu CapitalFounded in 2015, Victory Farms leverages innovative technologies to bring together the best aquaculture practices from around the globe to tackle the challenges of; rapidly declining wild fish catch in Lake Victoria, rising populations and undernourishment. The startup is on a mission to build a commercial tilapia farm to feed 2 billion Africans with affordable, accessible and healthy protein over the next two decades. Victory Farms intends to invest the funding to finance the expansion of its operations in Kenya and Rwanda and potential entry into Ethiopia, Uganda, and Tanzania.

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