Amid A Global Decline In Startup Funding, Africa Continues to Experience A Funding Surge
The map of Africa depicted with coins The business environment is being plagued by challenges such as inflation, macroeconomic setbacks, ...
Tuesday, August 9, 2022
Tag: Startup
Kenya’s Insuretech Lami Secures $3.7 Million In A Seed Extension Round Led By Harlem Capital
Kenya’s insuretech platform Lami has announced a seed extension round which saw the startup raise $3.7 million in funding. The ...
In A Male Dominated Industry, Here Are Some Female Startup Founders That Have Made Their Mark
Over the years, the startup space in Africa has seen tremendous growth across various sections like health, insurance, e-commerce, social ...
Sudan-based Fintech Bloom Secures $6.5 Million Seed Funding
Sudanese fintech Bloom has raised $6.5 million in seed funding. The latest funding round follows not too long after the ...
Nigerian Mobility Startup Moove Gets $20 Million From The UK Government’s Development Finance Institution – British International Investment (BII)
Nigerian mobility startup Moove has received $20 million from the UK Government’s development finance institution, British International Investment (BII), formerly ...
South African Fintech Sava Secures $2 Million In Pre-seed Funding
South African fintech startup Sava has secured $2 million in pre-seed funding. The investment came from a group of investors ...
Egyptian Healthcare Startup Vezeeta Lays Off 10 Percent Of Workers
Egyptian health-tech startup Vezeeta has reportedly laid off around ten percent of its workforce. According to various LinkedIn posts, a ...
Fintech Startup Wise’s CEO Comes Under Investigation For Tax Evasion
Wise’s CEO and co-founder Kristo Kaarmann Fintech startup Wise’s CEO and co-founder Kristo Kaarmann is being investigated over allegations of ...
Payment Startup SumUp Gets $624 Million In Funding At A New Valuation Of $8.5 Billion
Payments startup SumUp has secured €590 million, or $624 million in its latest funding round at a new valuation of ...
Big Data Startup Zenysis Gets $13.3 Million In Series B Funding, To Scale Its Platform Across Africa And Others
Big data startup Zenysis Technologies has raised $13.3 million in a Series B funding round led by Steel Foundation for ...
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