helios investment partners
The Fashion Kingdom, an Egyptian fashion e-commerce startup, raises $2.6M in seed funding
The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty and home accessories items, announced today that it has raised $2.6 million in seed funding led by CVentures, a…
As the head of Helios’ new VC arm, Wale Ayeni sees value in frontier markets
Wale Ayeni, one of Africa’s well-known investors, has a new role as the head of Helios Digital Ventures, the venture capital strategy of private equity firm Helios Investment Partners, TechCrunch…
Interswitch receives $110M investment from LeapFrog and Tana Africa Capital
African payments company Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across the continent, the two private…
Zola Electric closes $90M funding round to scale technology and enter new markets
Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Some reports peg these numbers between 500 million and 2 billion people despite the…
Interswitch CEO Mitchell Elegbe to discuss African fintech at TechCrunch Disrupt
The CEO of Pan-African fintech unicorn Interswitch, Mitchell Elegbe, is set to speak at TechCrunch Disrupt 2020 on September 16. He founded the company in Lagos in 2002 to connect…
Thunes raises $60 million for cross-border payments in emerging markets
Thunes, a Singapore-based startup developing a cross-border payments network to make financial services more accessible in emerging markets, announced today it has raised a $60 million Series B. The round…
The economic effects of COVID-19 could delay Africa’s next big IPO — that of Nigerian fintech unicorn Interswitch. If so, it wouldn’t be the first time the Lagos-based payments company’s…
DHL brings Africa eShop to 20 countries in a competitive nod to Jumia
DHL is expanding its DHL Africa eShop business to 9 additional markets, upping the presence of the global shipping company’s e-commerce platform to 20 African countries. DHL went live with…
Africa Roundup: Paga goes global and 4 startups raise $99M in VC
Nigerian digital payments startup Paga is gearing up for international expansion with a $10 million round led by the Global Innovation Fund. The company is exploring the release of its payments product in…
