Fintech

Nigeria’s Fintech startup “Moyalo” wants to be the Uber of savings

Moyalo is a new web app that enables users to join a group of five or nine others to meet short-term savings goals.

Cowrywise raises $3 million pre-Series A round from Quona Capital

With this $3 million round led by Quona Capital, Cowrywise becomes one of the few startups in Nigeria to have raised a pre-series A round.

Ghana’s OZÉ raises $700,000 seed round to foster expansion

OZÉ, a Ghana-based fintech startup that focuses on scaling small African businesses through digitized operations and affordable capital closed a $700,000 seed round from Anorak Ventures, Matuca Sarl, Rising Tide Africa, and existing investors Ingressive Capital and MEST.

TeamApt announces new consumer focus and West & North Africa expansion plans for 2021

TeamApt has announced that it will be shifting its focus from delivering financial services products to banks to delivering products for consumers and businesses.

BitSika: From side project to multimillion-dollar startup

BitSika is a payment app that helps people send money instantly across countries. It is popularly known as the CashApp of Africa.

Ghana’s Zeepay raises $940,000 seed investment from UK VC firm

GOODsoil’s investment will enable Zeepay to continue to scale and roll out its services across the continent, and extend its global reach by launching in the UK in 2021.

OnePipe closes $950,000 pre-seed round from Sherpa, Techstars, others

OnePipe has raised $950,000 pre-seed funding from a roster of institutional and angel investors, including Techstars, Sherpa Africa, and Idris Bello.