#businessmodel

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…

Copia is exiting Uganda about a year after entering the market. The startup's decision was informed by the need to make a profit and build a sustainable business model, among others. It also attributes the exit to an array of external…

Chapchap, a Ugandan fintech startup that creates reliable financial profiles for MSMEs, has secured a funding round from Nordic Impact Funds to accelerate its commercial growth and social impact creation. The startup helps MSMEs…