Moove raises investment from Mubadala and BlackRock and announces $76m in total new funds
Moove, the world’s first mobility fintech, announces today that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior…
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Flutterwave rebrands Send and expands to Egypt, US & Canada
Flutterwave, Africa’s leading payments technology company, today announced the enhancement of its $end Mobile product, now Send App by Flutterwave, to facilitate faster, easier, and more affordable money transfers from people in the diaspora to their families, friends, and loved ones in Africa. Send App now supports transfers from US and Canada and has added…
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African Fintech and Web3 Leaders to Convene at the Africa Money and DeFi Summit in Ghana
The Africa Money and DeFi Summit, supported by Amazon Web Services, Pivo and Fonbnk, aims to connect African fintech and Web3 industries with international players and will take place in Accra, Ghana on October 3rd and 4th, 2023. With a focus on driving tech investments and fostering collaborations, industry experts, investors, regulators including Bank of Ghana,…
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Web3 – The Power of DeFi and Crypto for Africa
Panel session on Web3 - The Power of DeFi and Crypto for Africa featuring expert views and insights from Maya Caddle - Founder at Emerging Onchain (Chief of Staff at Nestcoin), Stone Atwine - CEO and co-founder at Eversend, Isha Varshney - Head of DeFi at Celo Foundation and moderated by Tage Kene-Okafor - Reporter...
Understanding Generative AI: Going from Idea to Product
Masterclass: Understanding Generative AI: Going from Idea to Product hosted by Jenny Vega - Solutions Architect at Amazon Web Services Africa Tech Summit London celebrated its sold-out 7th annual edition at the London Stock Exchange on June 23rd 2023 unpacking the latest insights on investing, payments, Web3, digital identity, cross-border trade, agtech, ecommerce, cloud, foodtech,... Read Article →
Mastercard and Lipa Later Group Join Forces to Drive Financial Inclusion
Mastercard has announced a strategic partnership with Lipa Later, a leading credit led and technology-driven fintech. This collaboration aims to accelerate the expansion of Buy Now, Pay Later (BNPL) payment services in Africa. The partnership is expected to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities. By…
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Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an equity and debt funding round to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to drive business growth across the country’s pharmaceutical sector. The $8…
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Mastercard partners with Alerzo to digitize SMEs in the Nigerian FMCG space
Mastercard, a global leader in financial services, has joined forces with Alerzo, Nigeria’s leading technology service provider, to address the challenges faced by small and medium-sized enterprises (SMEs) in Nigeria’s Fast-Moving Consumer Goods (FMCG) sector. This partnership aims to empower businesses by offering digital payment solutions, financial training, and access to credit, ultimately leading to…
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New report from Duplo reveals that Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
A new report from Duplo, a business payment platform for African businesses of all sizes, has revealed that Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including adoption of electronic bank transfers, speed of processing invoices and payment automation. According to the Exploring the State of B2B…
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