Curacel secures $3 million seed funding to power new insurance experiences and expand into North Africa
Curacel, Africa’s leading insurance infrastructure provider, has raised $3 million in seed funding to roll out new technology solutions designed to power the next generation of insurance experiences in Africa. The new funding will also support the company’s expansion into North Africa. The seed funding round included Tencent, AAF Management (invested in Sure, Flutterwave), Elefund…
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Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation
During the U.S-Africa Business Forum, Visa announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, and inclusive economies across the continent. Visa’s expanded investments demonstrate the company’s long-term commitment to Africa’s growth potential and will help enable greater access to digital payments as an entry point…
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OneOrder secures $3m seed round, led by Nclude with participation from Delivery Hero Ventures and A15
Cairo, Egypt - 05 December 2022 - OneOrder, the MENA-based fintech-enabled restaurant management platform providing food supplies to hotels, restaurants and cafes, has today announced the close of a $3m Seed round. Led by Nclude, this round also sees follow-on investment from leading MENA early-stage VC, A15. New to the round is Delivery Hero Ventures,... Read Article →
EMURGO Invests in Momint to Expand Adoption of NFTs in Africa
Adaverse, an EMURGO-backed Web3 accelerator focused on Cardano ecosystem adoption in Africa, recently announced its investment in Momint, a Web3 marketplace that makes investing in crypto and NFTs easy for users of all skill levels. Adaverse joined Momint’s highly competitive seed round alongside Outlier Ventures, Mountain Partners, Rob Hersov, and simple.Capital. Adaverse was launched in September…
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Africa fintech and crypto leaders to connect at the Africa Money and DeFi Summit in Ghana this September
As the rapid growth of fintech continues and the birth of decentralised finance (DeFi) grows across Africa, leading fintechs, investors, crypto platforms, ventures and digital finance stakeholders will connect at the Africa Money & DeFi Summit – West Africa edition on September 27-28th 2022 in Accra, Ghana. Following the sold-out Money and DeFi Summit in Nairobi early this…
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The Growth of Investment In African Crypto-Based Startups
The cryptocurrency space has become a hotbed for investments of all kinds. From regular people hedging against inflation by buying Bitcoin to major investors betting on the future of finance by providing capital for startups, a lot of money is pouring into crypto. The African continent has had its fair share of investments into new…
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Fintech VC Firm QED Investors Makes Investment in TeamApt
TeamApt, a Nigerian payment platform, has just completed a financing round and brought onboard fintech specialists, QED Investors. With almost $5 billion assets under management, QED is a premier VC in the fintech space. They have invested in 27 unicorns over more than 180 portfolio companies across 14 countries. TeamApt is its first investment in…
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GoGetta to facilitate global investment into African businesses
Quality African businesses with growth prospects that seek funding can now raise capital via an innovative crowdfunding platform, GoGetta. Local and international angel and venture capital investors can now select vetted opportunities and invest quickly and securely amounts of just R1000 or more to own shares in various African businesses. Sthembiso Zwane, co-founder of GoGetta…
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