News

Payment24 has expanded into new markets in North America and Europe, as well as announced ongoing product innovation in other areas. The company’s solutions – including the Payment24 fuel management platform, fleet fuel management…

TopUp Mama has rebranded as Caantin, saying its new brand identity and enhanced platform embodied its dedication to boosting the restaurant industry’s contribution to Africa’s GDP and providing better financing access for restaurants and…

Wasoko, which leverages innovative technology to transform the informal retail supply chain, has expanded into Zambia, the company’s first location in Southern Africa. The platform enables retailers to order products anytime via SMS or…

DigsConnect has secured an undisclosed amount of funding from Intaba Capital as part of its ongoing Series A round. According to reports, the startup closed a pre-Series A round of funding last year to spearhead its international growth.…

Balad has raised a seven-figure USD pre-seed round of funding to launch its remittances platform, build out its team, and obtain required licenses. The startup’s pre-seed funding round is led by Egyptian venture capital firm Acasia…

Dojah has launched EasyDetect, an advanced fraud detection tool that empowers businesses to identify and prevent fraudulent activities on their platforms. Dojah’s verification tools transcend the customer journey – acquisition,…

Quro Medical has raised ZAR25 million (US$1.3 million) in funding from the Mineworkers Investment Company (MIC). The startup said it is building the largest virtual hospital ward in Africa, which seeks to achieve superior clinical…

Yuki has partnered with neo-bank Aladdin Digital to mainstream digital assets in Africa. Yuki, a product of Nigerian invest-tech startup ComiBlock, launched in February 2021 as a goal-based investing crypto robo-advisor that gives anyone…

Fingo has partnered with Ecobank to launch a new app to power financial inclusion across Africa. Users, therefore, get instantly rewarded whenever they use the app for their day-to-day transactions. Opening the Fingo digital account is…

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…