Lateral Capital

Autochek acquires CoinAfrique to grow its footprint in Francophone Africa

Automotive e-commerce company Autochek has expanded to new markets in Africa after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan au

Autochek expands to North Africa after acquiring Morocco’s Kifal Auto

Digital automotive commerce company Autochek has acquired Morocco’s KIFAL Auto for an undisclosed amount, marking the entry of the vehicle marketplace into North Africa. The deal comes barely a year

RaliCap gets backing from global VCs and launches $30M fintech fund for emerging markets

RaliCap, an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close

Masa Finance gets $3.5M pre-seed to build its decentralized credit protocol

Masa Finance, a hybrid credit protocol and decentralized credit bureau founded by Pngme CEO Brendan Playford in late 2020, has raised $3.5 million in pre-seed funding. According to a statement, the co

Pngme, a financial data platform, closes $3M seed to accelerate growth in Sub-Saharan Africa

Since M-Pesa’s mobile money infrastructure came into play in 2007, there has been a proliferation of fintech services ranging from wallets to savings and loans. With this mobile money ecosystem