CRE Venture Capital

Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers’ financial accounts and provide a gamut of integrated and embedded…

Stitch raises $21M for its API infrastructure and embedded finance platform

Nigeria’s informal trade sector, worth over $244 billion, has more than 40 million micro, small and medium businesses. Most of these businesses operated offline until a few years ago when…

Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

Gaming development startup Carry1st has raised a $2.5 million seed round led by CRE Venture Capital. That brings the company’s total VC to $4 million, which Carry1st will deploy to…

Carry1st has $4M to invest in African mobile gaming

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region. Africa’s startup scene…

These specialized Africa VC funds are welcoming co-investors

The first month of the new year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from Nigeria — Africa’s most…

Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises, Flutterwave’s $35M and Sendy’s $20M

San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest…

African fintech firm Flutterwave raises $35M, partners with Worldpay

Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar-powered micro-utilities…

Nigeria’s Rensource raises $20M to power African markets by solar