flutterwave

Daily Crunch: Did Bolt Mobility bolt? The startup left equipment and confused customers in its wake

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Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed

A day after Central Bank of Kenya (CBK), Kenya’s monetary authority, said that Chipper Cash and Flutterwave were not licensed to operate in the East African country, the regulator has directed all f

SendSprint, by ex-Flutterwave executive, hits market with $5 flat fee for all international money transfers

SendSprint, a money transfer startup based in the U.K. but with operations in the U.S. and Nigeria, has been launched today with the unique selling point of a $5 flat fee for all transfers. The fintec

Flutterwave denies money laundering and fraud allegations following accounts freeze by Kenyan court

Flutterwave has come out to deny the fraud and money laundering claims leveled against it by Kenya’s Asset Recovery Agency, which investigates and recovers proceeds of crime. This is after a total o

Thepeer, an API-based startup that connects African businesses, raises $2.1M, led by Raba Partnership

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has raised a $2.1 million seed round led by the Raba Partnership. The news comes a year after the startup raised $220,

CarePoint raises $10M to spread healthcare tech across Africa

CarePoint, a technology-driven healthcare startup, has raised a $10 million bridge round to accelerate its growth across Africa as it seeks to make healthcare accessible to the masses. The startup rec

Tofino Capital reaches first close of $10M fund to back startups in frontier markets

Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million and hopes to a

Daily Crunch: ‘For a limited time,’ Coinbase’s new NFT marketplace will waive transaction fees

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Flutterwave CEO addresses alleged misconduct claims in email to employees

Flutterwave CEO Olugbenga Agboola has, for the first time, addressed financial and personal misconduct claims leveled against him and the company this month, according to an email to employees obtaine

No signs of a slowdown in Africa’s tech funding, data show

African startups had a solid Q1 2022 in terms of VC investment, both in dollars and deal volume. This is news in itself, but even more so amid declines in venture funding to the U.S., Asia, and LatAm.

Daily Crunch: Peloton Guide with body-tracking camera now on sale for $295

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Flutterwave responds as CEO is put on the spot for alleged bullying by ex-employee

On Monday, Clara Wanjiku Odero, a former employee of African payments giant and unicorn Flutterwave, accused the company’s chief executive officer Olugbenga ‘GB’ Agboola of bullying and harassin

Flutterwave backs UK fintech Dapio in $3.4M round for its contactless payments play

Dapio, the U.K.-based cashless payment solutions provider for businesses, today announced that it has raised $3.4 million to fuel the launch of its ‘Tap to Pay’ solution for Android users in the U

Tiger Global is earning its stripes in Africa

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year,

Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods sold through its channels yearly. Yet its industry remains highly fragmented as shop owners and kiosks still h

Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform

Sudo Africa, a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 million in pre-seed funding. San Francisco-based Global Founders Capital (GFC) led the

The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over the past four years, it’s updated the list to ref

Daily Crunch: With $250M Series D, fintech Flutterwave becomes Africa’s highest-valued startup

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African fintech Flutterwave triples valuation to over $3B after $250M Series D

African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San Francisco-headquartered

MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast

Large merchants, particularly those that operate in more than one geography, have to support an array of payments methods. Each payment integration requires in-house technical work and the remodeling
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