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 auto marketplace KIFAL…
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,…
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…
