Lendsqr, a leading loan management software provider, has introduced an on-lending initiative aimed at boosting the capacity of Nigerian lenders to extend credit to their customers. This new initiative will set up a N1 billion line of credit, targeting lenders with state moneylender or cooperative licenses, allowing them access to the capital needed for sustainable […]
Andela was founded to bridge the global tech talent gap by unlocking Africa’s potential in software development. Recognizing a global shortage of skilled developers, Andela trains and connects Africa’s top talent with leading companies worldwide. This approach helps businesses find world-class developers while boosting Africa’s growing tech ecosystem. Since its founding, Andela has addressed one […]
In Africa’s rapidly changing tech landscape, dynamic women are leading the way. They are revolutionizing the industry and inspiring others to follow. From groundbreaking innovations to creating opportunities, these women are trailblazers. Their efforts are shaping the future of technology across the continent. Highlighting their contributions is vital for building an inclusive future and tackling […]
In a bold step toward a more sustainable future, Standard Chartered Bank has invested Ksh 8.75 million in seven women-led startups that are shaking up the sustainability sector. This funding milestone is the latest chapter in the Women in Tech Incubation Program, a collaboration between Standard Chartered Kenya and @iBizAfrica at Strathmore University, designed to […]
In the startup world, many factors contribute to success—solid business plans, clear models, and strategic marketing. However, the true foundation of any successful startup lies in one thing: its team. A cohesive, adaptable, and collaborative team is essential for executing strategies and driving growth. Even the best-laid plans will fail without the right people to […]
From mobile money services to cross-border payments and digital lending, these startups are providing millions of Africans with access to financial services that were previously out of reach.
As the fintech sector continues to grow and mature, we can expect to see even more groundbreaking innovations and positive impacts on Africa’s economic development.
Niteon, a US-based startup with operations in Africa, has made a significant move. It has acquired InstaBarterPK, a consumer-to-consumer platform in Pakistan. This acquisition marks Niteon’s official entry into the South Asian market. It highlights the company’s growing influence in global trade.
Equator Africa, a climate tech venture capital firm, has secured a $5 million investment from the International Financial Corporation (IFC). This funding aims to support climate tech innovation in Africa, especially for seed and Series A-stage startups. The investment follows an initial $40 million close in April 2023. Equator Africa’s mission is to close the […]
Scale, a South African startup specializing in card issuing orchestration for fintechs, has raised $700,000 in pre-seed funding. The round was led by 54 Collective, a sector-agnostic venture capital firm, and First Circle Capital, a fintech-focused VC. Sunny Side Venture Partners and various angel investors also participated in the round.
If your startup is committed to solving Africa’s challenges, boasts a standout product or service that has garnered investor and customer attention, and remains privately held, we encourage you to apply.
