IT総合 African digital bank Tyme raises $250M round led by Nubank at $1.5B valuation
Tyme Group, a South African fintech, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion...
Tage Kene-Okafor
IT総合 IT総合 This stealthy African stablecoin startup already processed over $1B in cross-border payments
Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is laun...
IT総合 As YC retreats from Africa, alumni launch accelerators to fill the gap
The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and bega...
IT総合 HUB2 banks $8.5M to become the ‘Stripe for Francophone Africa’
A fintech from Ivory Coast — part of one of the most economically challenged and financially fragmented regions in...
IT総合 Ex-NBA athlete Omri Casspi launches $60M fund targeting cybersecurity, cloud infra and AI
Former NBA athlete Omri Casspi has raised $60 million for his latest venture fund, Swish Ventures, which will invest in ...
IT総合 Financial inclusion drives African fintech M-KOPA to $400M in ARR
An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit co...
IT総合 Eyewa now has 150 stores selling eyeglasses in the Mideast, and just raised $100M to add 100 more
Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. a...
IT総合 Altos Ventures, an early backer of Coupang and Roblox, raises $500M fund
Altos Ventures, the Silicon Valley venture capital firm that has backed the likes of Roblox, Coupang, PandaDoc and Quizl...
IT総合 African ‘gender-equal’ VC Janngo Capital closes second fund at $78M
Pan-African venture capital firm Janngo Capital has closed its oversubscribed second fund at €73 million ($78 million), ...
IT総合 Google, DPI backs African fintech Moniepoint in $110M round
Google’s Africa Investment Fund is a new investor in African fintech Moniepoint, which just closed $110 million in...
IT総合 African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot
Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, so...
IT総合 ‘Where we are today in biology AI is similar to GPT in 2020’: An interview with the CEO of Africa’s biggest AI startup
In January last year, German biotech company BioNTech acquired African AI startup Instadeep for over $550 million, a dea...
IT総合 Flutterwave’s chief on the company’s executive hires, product focus, and IPO plans
Flutterwave CEO GB discusses the company's recent product and administration changes and their implications for the comp...
IT総合 Paymob, started by three college friends, lands another $22 million and is profitable in Egypt
Paymob has evolved into an omnichannel gateway offering over 50 methods for offline and online payments to more than 350...
IT総合 Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses
The Dubai-based startup, which now counts 50,000 retail and business customers in the UAE, has netted $22 million led by...
IT総合 Payroll startup Cercli inks $4M to build the “Rippling for the Middle East and North Africa”
The potential of Cercli's payroll platform has attracted investor interest, leading to $4 million in seed funding.
© 20...
IT総合 From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised
As we continue to monitor the growth of Africa's tech ecosystem, it’s essential to highlight and analyze the biggest dis...
IT総合 African B2B e-commerce startups Wasoko and MaxAB complete merger: Interview with co-CEO Daniel Yu
Two of Africa's largest B2B e-commerce platforms, Wasoko and MaxAB, have finally completed the continent’s much-talked-a...
IT総合 Kenyan HR and payroll startup Workpay lands Visa as investor in $5M round
Workpay provides cloud-based HR, payroll, and benefits solutions for businesses with employees across Africa.
© 2024 Te...
IT総合 Waza comes out of stealth with $8M to power global trade for African businesses
In May, the African fintech processed up to $70 million in monthly payment volume.
© 2024 TechCrunch. All rights reserve...
IT総合 African e-commerce company Jumia completes sale of secondary shares at $99.6M
Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American d...
IT総合 Conduit’s cross-border payments expand from LatAm into Africa with $6M round
Cross-border payments for businesses in emerging markets remain significantly untapped, despite small to large businesse...
IT総合 Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth
African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCru...
IT総合 Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa
When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest...
IT総合 Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand
MNT-Halan, a fintech unicorn out of Egypt, is on a consolidation march. The microfinance and payments startup has raised...
IT総合 Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems
Venture capital has become a more global industry as the tech sector slowly decentralizes. In 2022, more than 50% of VC ...
IT総合 Israel’s startup scene shows reslience despite nine months of war
When the war between Israel and Hamas broke out last October, we examined its potential impact on the tech ecosystems in...
IT総合 Paris-based VC Breega hits first close of $75M Africa fund to back pre-seed and seed startups
Paris-based VC firm Breega has observed Africa’s tech ecosystem mature over the years. From receiving less than a ...
IT総合 Ilya Sutskever, OpenAI’s former chief scientist, launches new AI company
Ilya Sutskever, one of OpenAI’s co-founders, launches Safe Superintelligence (SSI), just a month after leaving OpenAI.
©...
IT総合 Sources: Wasoko-MaxAB e-commerce merger faces delays amid headwinds in Africa
The merger has yet to close due to extended due diligence amid ongoing restructuring and macroeconomic headwinds across ...