Digital bank Tyme Group, which operates in South Africa and the Philippines, raised a $250M Series D led by Brazilian digital bank Nubank at a $1.5B valuation
Bloomberg :
Research: African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading
TechCrunch :
Flowcarbon, a blockchain-based carbon credit trading service backed by WeWork's Neumann, raises $32M led by a16z and $38M from selling its Goddess Nature Token
When I was 22, I spent several months working in the field in South Africa. Jamie Redman / Bitcoin News : Wework Co-Founder Adam Neumann's Crypto Project Secures $70M, Funding Round Led by A16z Luiz R...
South Africa-based Stitch, which enables businesses to build, optimize, and scale financial products using its APIs, raises a $21M Series A
Tage Kene-Okafor / TechCrunch :
South Africa-based mobile games publisher Carry1st raises a $20M Series A extension led by a16z, the firm's first investment in an Africa-headquartered company
Carry1st has raised $20 million in funding from marquee investors for its mobile game publishing platform targeted at unlocking demand in the African market.
South Africa-based Yoco, which offers offline and online payment solutions for SMEs, raises $83M Series C led by Dragoneer, bringing total raised to $107M
Tage Kene-Okafor / TechCrunch :
Report: African startups raised $1.43B in 2020, down 29% YoY, declining for the first time in almost a decade
- Pandemic related slowdowns make investors wary of big deals — Funding rounds increased in Nigeria, Egypt, South Africa — Funding for African startups slowed …
South Africa-based Jumo, which partners with financial service providers and telecoms to offer lending, savings, and insurance services, raises $55M
African fintech has scored yet another major investment win: Jumo, a five-year old fintech startup has raised $55 million in debt and equity funding.
Opera's Africa focused fintech startup OPay raises $120M Series B from Meituan-Dianping, SoftBank Asia, others, will expand to Kenya, Ghana, and South Africa
Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors.
South Africa-based Adhara, a startup that builds private blockchains for banks using privacy centric Ethereum fork Quorum, raises $15M from Consensys
Ian Allison / CoinDesk :