Paymob
Featured Article
A look into the British DFI’s plan to invest in African economies, venture funds and tech startups
On April 4, the U.K.’s development finance institution, Commonwealth Development Corporation (CDC) Group, formally changed its name to British International Investment. As part of the name change, the development finance institution (DFI) announced that it surpassed its pledge to invest £2 billion in Africa over the last two years. It was a reminder of the…
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…
Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital
Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate venture…
Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA
While Nigeria and Kenya have been at the forefront of African fintech innovation, activities in Egypt are beginning to shape up nicely. Right now, Egypt is home to a burgeoning…
