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Category: New Investments
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Egypt’s Balad secures seven-figure Pre-seed funding to drive financial inclusion
Balad, a rising star in the Egyptian fintech scene, has closed a seven-figure pre-seed funding round.
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SA e-health startup Quro Medical raises $1.3m from the Mineworkers Investment Company
Quro Medical, a pioneering leader in innovative healthcare solutions, has secured a $1.3 million investment from the Mineworkers Investment Company (MIC)
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Chargel raises $2.5m seed funding to revolutionize logistics in Francophone Africa
Senegalese logistics company Chargel has secured $2.5 million seed funding for Francophone Africa expansion.
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Nomba raises $30m Pre-Series B funding round
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to enable businesses to easily and securely receive customer payments across Africa.
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Nigerian recycling startup WeCyclers secures $2 million to recycle 30,000 tonnes of plastics
Wecyclers Corporation, a leading Nigerian recycling startup, has secured $2 million in funding to recycle 30,000 tonnes of plastics over the next five years
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Pan-African neobank Payday has raised $3 million in seed funding
Payday (Techstars ’21), one of Africa’s leading Pan-African neobank, has raised $3 million in seed funding to drive the future of work for the continent.
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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.
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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.
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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.