Isaac Atoyebi 550 posts 0 comments

Exits MENA has obtained the final securities promotion and underwriting license from the Egyptian Financial Regulatory Authority (FRA), enabling it to expand its services and provide further investment channels. The startup raised a US$1…

Raise, an end-to-end fundraising platform, has raised an undisclosed amount of funding from Carta, a San Francisco-based company specializing in capitalization table management and valuation software. Raise said it has now secured…

Vesicash announced its expansion to vital African markets and launched its Merchant of Record (MoR) product, which is the first of its kind on the continent. The operational complexities involved with expanding to new markets mean that…

Drest has raised US$336,000 from 216 Capital Ventures to fund its expansion into the African market. Its recent US$336,000 fundraising round came from investment fund 216 Capital Ventures and will enable Drest to continue its growth and…

Chipper Cash said it will now charge its Nigeria users a non-refundable fee of ₦‎500 for transactions that fail due to insufficient funds on its virtual dollar and naira cards users. The fintech revealed this in a blog post on its website.…

Nestcoin has announced the launch of Onboard, a digital finance platform aiming to provide modern, world-class digital finance services that connect Africans to the global economy. Nestcoin recognizes that traditional finance cannot…

Nomba has raised a US$30 million pre-Series B funding round to support delivering bespoke payment solutions for African businesses. Formerly known as Kudi, Nomba has become a profitable omnichannel payment service provider.    The…

Convergence Partners has announced the acquisition of a strategic stake in 42Markets Group, an incubator, investor, and builder of high-growth specialist businesses in the financial and capital markets sector. The firm has more than…

Storspay has raised a US$320,000 funding round and has been selected to participate in the Techstars NYC accelerator, backed by JP Morgan Accelerator. The company said it had developed a decentralized retail lending infrastructure…

Touch and Pay (TAP) has announced the democratization of interstate travel from Nigeria’s largest city, Lagos, to other parts of the country. The startup has extended its operations by enabling contactless payment cards for interstate…