TymeBank
South African challenger bank TymeBank raises $77.8M from Norrsken22 and Blue Earth Capital
South African digital banking platform TymeBank has raised $77.8 million in a pre-Series C round led by African-focused growth-stage fund Norrsken22 and Swiss global impact investment firm Blue Earth
Sudan’s first YC-backed startup is helping consumers protect and grow their wealth
Anglophone East Africa is home to over 400 million people, with half under 25. The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not
Reports say African startups raised record-smashing $4.3B to $5B in 2021
Last year was record-breaking for African startups. I know I’m probably starting to sound like a broken record, but the astronomical growth is worth highlighting again and again. In this piece, I sp
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
African tech took center stage in 2021
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated
Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others
More than 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved, despite mobile penetration exceeding 90%. Traditional banks often overlook this segment
SVB-led $100M investment makes Chipper Cash Africa’s ‘most valuable startup’
Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks, remittances and cross-border transfers, and rightfully so.
Venture capital investment in Africa predicted to reach a record high this year
Investments in African startups keep growing at a healthy pace ever since reports started keeping count in 2015. That year, publications Disrupt Africa and Partech released independently researched an
Payments, lending and neobanks rule fintechs in emerging markets, report says
Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America and India, ha