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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.
Salient Predictions, a startup that develops AI-powered weather forecasting solutions, has secured a $2.9 million grant courtesy of the Bill & Melinda Gates Foundation.
Coca-Cola has announced plans to invest $1 billion in its Nigerian operations over the next five years.
Egyptian fintech startup MoneyFellows has secured $13 million in a pre-Series C investment round to support its growth beyond Egypt and enhance its digital savings platform.