African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to
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With the rate of technology adoption continuing to accelerate, and Africa steadily producing a wave of technology giants, with Nigeria’s Flutterwave becoming Africa’s most recent tech Unicorn, now truly is an incredible
Connectivity in Africa is becoming ubiquitous, with mobile and other technologies facilitating efficient and secure means of doing business. Furthermore, a rising smartphone penetration rate; a vibrant, youthful population
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC
The company planned to raise $613,000 in exchange for 7.67% equity but exceeded expectations in its latest crowdfunding campaign hosted on the Seedrs platform. Eversend, commonly referred to as Africa’s Neobank becomes the latest African startup to raise $1.015
In a Series A funding for start-ups organised by American based Raptor Group and Deciens Capital, Chipper Cash, a PSP company, has beaten 500 other startups and Liquid 2
The IMF opines that startups find Africa’s low financial inclusion penetration to be a sweet spot for business The IMF opines that Africa’s low financial inclusion penetration is a
After the end of a Series B funding round, Flutterwave, a San-Francisco and Lagos based Fintech Company, has announced that it has raised $35 million. Co-led by New York-based company, Grey Croft, and eVentures, the round had in attendance
OPay, An African fintech Start-up owned by Opera has been able to generate $120 million in a Series B funding round which had the Chinese investors IDG Capital, Source
Paycorp, a company that invested in Tutuka in 2015, has sold off its majority stake to APartners, a global investment manager. Since Paycorp’s initial investment, Tutuka has enjoyed increased international presence and more than 75% growth in terms of size. Tutuka, a
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