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Fairmoney Acquires Payforce

FairMoney said it had acquired PayForce, a merchant payment service that serves small businesses. The details of the deal were not disclosed. However, the transaction was estimated to be a cash-and-stock deal from USD 15 million to USD…

Anchor Raises $1m Pre-Seed Round

Anchor said it has raised over US$1 million in pre-seed funding and announced its public beta launch. The startup's newly-launched public beta API infrastructure makes it easier for African businesses to build, embed and launch financial…