Egypt's Fincart Raises Undisclosed Amount in Pre-Seed Funding Round
January 30, 2025
Fincart.io has announced that it has successfully closed its pre-seed funding round for an undisclosed amount. The round was led by Plus VC, the most active VC in the MENA, with participation from leading regional…
South Africa’s NjiaPay Secures $1M Pre-Seed Funding to Expand Payments Platform
January 29, 2025
NjiaPay, a South African payments-as-a-service provider, has announced it has raised $1 million in pre-seed funding. The investment was led by HAVAÍC, with participation of angel investors including founders of Anyfin, Banxware, and Maxidrive. In a…
Insight Terra, a South African Climate-Tech Firm, Secures $5.7M Series A Extension
January 29, 2025
Insight Terra is proud to announce the successful close of its series A extension funding round of $5.7 million to rapidly scale its AI-driven greenhouse gas (GHG) and environmental risk platform. Alastair Bovim, Co-Founder and…
Kenyan E-Commerce Startup Kapu Secures Pre-Series A Funding to Scale Operations Across Africa
January 28, 2025
Kenyan e-commerce startup Kapu has raised an undisclosed amount in a pre-Series A funding round. The funding round was led by BlackWood and other existing investors and will be used to scale its operations across…
i3 Africa Issues Call for Applications for Its 3rd Cohort
January 27, 2025
Investing in Innovation Africa (i3) is calling for innovators to join its 3rd cohort. Funded by the Gates Foundation, MSD, Cencora, Endless Foundation, HELP Logistics–a subsidiary of the Kühne Foundation, Sanofi’s Global Health Unit and Chemonics,…
500 Global Launches MENA-Focused Fund
January 27, 2025
500 Global, a leading global venture capital firm, has announced the launch of 500 MENA, L.P, a new fund dedicated to investing in high-growth technology startups across the Middle East and North Africa (MENA) region…
Furaha Secures $10 Million Investment From SC Ventures and Yabx
January 24, 2025
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies have signed a set of shareholder and technology collaboration agreements to formalise their joint investment in Furaha. SC Ventures has invested $…
How Sevi is Transforming FMCG Financing with AI and Machine Learning
January 23, 2025
Sevi, a fintech company regulated by the Central Bank of Kenya, is revolutionizing stock financing for wholesalers and retailers through its “stock now, pay later” platform. Sevi addresses the challenge of insufficient working capital by…
MoneyHash Secures $5.2M Pre-A Funding
January 22, 2025
MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish Ventures – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney, and…