Egyptian financial super app Khazna raises $38M from Quona Capital and Lendable

In a country where 50% of its 100 million people are active smartphone users, two out of every three individuals have little or no access to formal financial services in Egypt.  With banks doing thei

Finclusion raises $20M to build out credit-led neobank offering across Africa

The digital banking space in Africa is taking shape as neobanks on the continent grow in numbers like their global counterparts. Venture capital bets from institutional investors in this class of fint

Framework raises $2M seed to create an ‘on-demand business school’ aimed at startups

Business education is, let’s face it, finding it hard to keep up with a $3 trillion global tech startup economy that’s booming right now. High-growth companies are time-starved and so are thei

MFS Africa collects $100M to expand its digital payments gateway across the region

Investor interest in African fintech continues to grab headlines with large fundraises. Today, Africa’s largest digital payments network MFS Africa joins the fray. The company confirmed to TechCrunc

Emerging markets lender Lendable seeks $100M to fund fintech companies

Emerging markets fintech financier Lendable is targeting to raise a $100 million fund to invest in African and Asian fintech companies, the firm said in an emailed statement today. In March, the firm

How UK-based Lendable is powering fintechs across emerging markets

What moves the needle for digital lenders is serving loans to their respective customers. But where does this money come from? The pool is usually equity or debt. While some lenders use the former, it

Lendable Raises £2.5M As P2P Lending Market Shows No Signs Of Cooling

Perhaps riding the wave of U.S.-based <a href="https://techcrunch.com/2014/12/11/lending-club-ipo-shows-the-profit-potential-for-financial-technology-investments/">Lending Club’s recent $5.4 billion