Sourcefin Secures $8.2 Million Investment to Empower South African SMMEs
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
Islam is a fintech leader and a driving force behind the advancements in digital payments and financial technology in Africa.
He is the Co-Founder and CEO of Paymob, a fintech
company based in Egypt. Paymob specializes in digital
payment solutions and financial technology services, primarily targeting
emerging markets.
Shawky has played a crucial role in establishing and leading
Paymob to become a prominent player in the fintech industry. His leadership
and entrepreneurial vision have driven significant advancements in digital
payments and financial services.
Shawky’s expertise and thought leadership in digital payments
in Africa have been widely recognized. He has been invited to speak at
numerous industry events and conferences, sharing his insights and shaping the
discourse around fintech innovation.
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.
Proparco has announced a $5 million investment in the Equator Africa Fund through its FISEA+ facility to accelerate climate-focused innovation in sub-Saharan Africa.
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