#cash

Paymenow has raised a ZAR250 million (US$14 million) debt facility through Rand Merchant Bank (RMB) to help fund its growth. The South Africa-based startup earned wage access platform allows employees to access a percentage of their…

Tanda is raising an ongoing pre-Series A round of funding to accelerate product development and customer acquisition in Kenya and beyond. Tanda aggregates all major financial services providers, allowing agents to sell various digital…

Float, a cash flow management and spend platform for businesses in Africa, has closed a US$17 million round of debt and equity seed funding to speed its development and launch new products. Float provides credit lines to small…

South African startup 6DOT50 is enabling crypto-holders to pay for goods and services at over 40,000 merchants across the country, including at Shoprite Holdings stores and all Zapper merchants. 6DOT50 said it is positioning its Digital…

The Central Bank of Nigeria (CBN) has released new guidelines on how a state-backed digital currency (e-Naira) will be regulated, designed, and issued. The Central Bank Digital Currency (CBDC) is on schedule to be launched on the 1st of…