The Empower Africa Business Platform is Now Live !!!
Nigerian fintech startup Zeeh Africa has funding to consolidate financial data in a single platform.
Zeeh Africa secured the funding from Tekedia Capital, a firm investing in mainly technology-anchored companies operating in any industry, including finance. Founded in 2022, Zeeh Africa specializes in unifying financial data in one place, offering a comprehensive solution for businesses and individuals.
The startup plans to utilize the funds to further develop its cutting-edge financial data consolidation platform, which aims to revolutionize how financial institutions manage and analyze vast amounts of data. By offering a unified solution, Zeeh Africa aims to tackle the challenge of fragmented financial information across various systems and platforms, enabling banks, insurance companies, and other financial institutions to streamline their operations efficiently.
Egyptian software-as-a-service (SaaS) startup Qme has raised $3 million in seed funding, with AHOY, a deep-technology company, leading the investment round.
Nigerian automotive startup Mecho Autotech has raised $2.4 million in pre-Series A funding to expand into wholesale spare parts distribution.
Catalyst Fund, an impact investor supporting early-stage climate tech startups in Africa, has announced a $1.8 million investment in nine promising ventures across the continent.