The collaboration marks a significant milestone in Kenya’s banking sector and sets the stage for a new era of accessible and innovative banking solutions. Founded in 2021, Fingo aims to empower youths to create a wealthier Africa with distinctly designed financial products. The startup’s collaboration with Ecobank combines the agility and innovation of a neobank with the stability and expertise of an established financial institution.
Fingo seeks to deliver financial services such as savings, insurance, and credit to its users at cheaper transfer fees, subsidized rates at pay bills, and cash-back rewards, among other features.
Moroccan startup ORA Technologies has raised $7.5 million in its Series A funding round.
A new company has been established to assist small and medium-sized enterprises (SMEs) in Zambia in securing long-term funding.
Rwazi, an African-founded artificial intelligence startup focused on market intelligence, has closed a $12 million Series A funding round.
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