branch international
Africa Roundup: Jumia’s IPO, DHL launches Africa e-Shop, Cathay’s $168M VC fund, ConnectMed acquired
The biggest news in a month of weighty African headlines was Jumia listing on the New York Stock Exchange. After filing SEC IPO docs in March, the Pan-African e-commerce company’s shares began tradi
Partnering with Visa, emerging market lender Branch International raises $170 million
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual, pre-paid de
Africa Roundup: More VC to Jumia’s parent, Konga Launches Nigeria’s PayPal, M-Kopa Solar lights homes with M-Pesa
A monthly roundup of stories on African tech companies.
Branch.co raises $9.2 million to bring financial services where banks don’t go
San Francisco-based Branch International, or Branch.co, raised $9.2 million to bring digital financial services to mobile phone users in Sub-Saharan Africa. Andreessen Horowitz led the Series A round.