Moniepoint Launches MonieWorld, Expands to UK with Remittance Service to Nigeria
April 22, 2025
Nigerian fintech, Moniepoint, has officially launched MonieWorld, a new remittance platform designed to serve the Nigerian diaspora in the United Kingdom. This is the company’s first foray outside Africa. MonieWorld has been developed by Moniepoint…
Visa Invests in Konnect and PayTic Following Africa Accelerator Demo Day
April 22, 2025
Visa has announced investments in two fintechs that took part in the Visa Africa Fintech Accelerator program. Visa’s investments include Konnect, a Tunisian fintech that enables seamless, accessible, and instant payments by provisioning links that…
Google Opens Applications for 2025 Startups Accelerator Africa Program
April 17, 2025
Google is now accepting applications for the 2025 Google for Startups Accelerator program. This is a three-month program designed to support early-stage startups that are using Artificial Intelligence (AI) to address Africa’s pressing challenges. The…
Stanbic and GIZ Launch Program to Empower 300 Women-Led Green Enterprises in Kenya
April 15, 2025
Stanbic Kenya Foundation in collaboration with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has opened applications for the Women Employment for the Green Transformation (WE4D) program — an initiative set to empower 300 women-led small green-sector enterprises…
Applications Open for Kuzana: A New Startup Program Offering $40K in Cash and Support
April 14, 2025
Imagine doubling your company’s revenue in just four months—without pitching to a dozen VCs, without draining your team’s energy, and with hands-on support that actually makes a difference. That’s not a pipe dream; it’s what…
Purple Elephant Ventures Closes $5M Seed Round with New $500K Investment from Alphatron
April 11, 2025
Purple Elephant Ventures (PEV) has secured an additional $500,000 investment from Alphatron, bringing its total seed round to $5 million. PEV had previously announced a $4.5M Seed Round in January, led by Clear Creek Investments…
Moroccan Fintech PayTic Raises $4M to Scale Banking Automation
April 10, 2025
PayTic, a Moroccan fintech, PayTic, has secured $4 million extension to its Series Seed funding round. PayTic was founded in 2020 and offers advanced technological solutions that automate traditionally manual and complex banking processes. These…
Umba Secures $5M from Star Strong Capital
April 10, 2025
Nairobi-based fintech Umba has secured a $5 million debt facility to help expand its secured lending operations in Kenya. US-based asset management firm, Star Strong Capital, is the only participant in this round. “With the…
How Kenya's FaidiHR Is Solving Africa's Payroll Chaos While Eyeing the $10 Billion Opportunity
April 9, 2025
Kenyan startup FaidiHR is on a mission to fix one of the most persistent bottlenecks for businesses across Africa: manual payroll and HR processes. The cloud-based platform is modernising how companies manage employees, payroll, compliance…