Lengthy Licensing Stumps Kenyan Fintech Startups
Fintech startups face significant challenges when expanding to Kenya, primarily due to the lengthy and complex process of…
Browsing Tag
Africa fintech
15 posts
Mastercard and Scale Partner to Accelerate Fintech Deployment in Africa
Mastercard, the American multinational financial giant, recently revealed it has partnered with the fintech firm Scale to accelerate…
South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African…
Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based…
Nigerian Fintech Startup Chipper Cash Lays Off Employees in US, UK
The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and…
Egyptian Fintech Startup Moneyhash Secures $4.5 Million in Seed Funding Round
Moneyhash, a digital payments fintech startup, recently secured $4.5 million in a seed funding round. The fintech startup…
Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance
Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the…
Kenyan High Court Unfreezes $3 Million Belonging to Nigerian Fintech Giant Flutterwave
A recent ruling by the Kenyan High Court in favor of the Nigerian fintech startup Flutterwave will see…
Nigerian Payments Fintech Startup Cleva Secures $1.5 Million in Pre-Seed Funding
The Y Combinator-backed Nigerian fintech startup has reportedly raised $1.5 million in pre-seed funding. Tolu Alabi, the CEO…
Nigerian Fintech Flutterwave Secures Money Transfer Licenses in 13 US States
The Nigerian fintech unicorn revealed on Dec.7 that it has obtained money transfer licenses in 13 U.S. states.…