Vezeeta
Nigerian digital bank Kuda is the latest African startup to lay off employees
Kuda, the challenger bank based in Nigeria and the U.K., has joined the ranks of tech companies in Africa that are pruning their workforce. The news of the layoffs, which…
African genomics startup 54gene lays off 95 as COVID testing business struggles
African genomics startup 54gene has laid off 95 employees, or about 30% of its LinkedIn-sourced 290+ employees. A company’s spokesperson confirmed the news after several sources informed TechCrunch of the…
Zedcrest launches $10 million ’emergency fund’ for African startups
Zedcrest Capital, a firm known for its debt and equity capital markets investments but who recently started dabbling into venture investments, has launched a $10 million fund for pre-Series A…
Wave, a Stripe-backed African fintech valued at $1.7 billion, cut 15% of its staff in June
Wave, an African fintech that offers mobile money services in Senegal and Ivory Coast, laid off about 15% of its workforce last month. TechCrunch first got a whiff of the…
Egyptian healthtech startup Vezeeta cuts 10% of 500-person staff
Vezeeta, a healthtech startup operating in the Middle East and Africa, reportedly laid off about 10% of its staff last week. The number of affected employees isn’t known; however, multiple sources…
Nigerian healthtech startup Reliance Health raises $40M led by General Atlantic
There’s no denying the growth of health tech globally over the past three years thanks to the pandemic. The event has accelerated the use of telemedicine, virtual care and drug…
Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital
Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing…
Vezeeta, the leading MENA healthcare startup, secures $12M Series C led by STV
One of the major structural issues in the Middle East is the lack of consistent healthcare across the region. So this market was clearly waiting to be disrupted by technology.…
