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Many financial services claim to adopt an omni-channel approach but more often than not, the reality is that, whether the user is being onboarded via the website, mobile app, USSD or in-person (agent /banking hall), these channels are designed with inbuilt flaws, that needs constant optimization.... -
Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next wave of fintech innovation. The platform is building the first API in Africa to retrieve real-time financial data from a bank account to any web or... -
Africa-focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to scale in Nigeria and expand its payments product to Kenya, Ghana and South Africa. Series B investors included Meituan-Dianping, GaoRong, Source Code Capital,... -
Nigerian fintech startup Kuda — a digital-only retail bank has raised $1.6 million in pre-seed funding led by Haresh Aswani. Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in pre-seed funding led by Haresh Aswani, as reported on Wednesday, Sept 11, 2019. Ragnar Meitern and... -
Africans, largely unburdened by a history of formal banking and credit card use, has embraced technology — particularly mobile/smartphone technology — with gusto, using it to develop their own payment and purchasing methods. This has removed many of the previous barriers to e-commerce and is fueling growth that mirrors... -
Feature: Financial technology and eCommerce is are the preferred sectors for Venture Capitalists interested in investing in Africa. ... -
Cowrywise, a Nigerian fintech startup which allows its users to save and invest through an automated process has been listed on Kairos's 50 Global Emerging Startups... -
Africa is leveraging mobile and digital technologies in its own ways to bring financial services to people in undeveloped places on earth. Africa is a great testing ground for new banking services: the region’s relatively low penetration levels for traditional financial services married to high proliferation of mobile phones... -
South African fintech startup; Yoco has raised USD$ 16 Million Series B funding led by Partech with participation from Orange Digital Ventures. A South African based point-of-sale payments solution provider, Yoco as announced that it recently closed $16 million in Series B funding. This was confirmed by Forbes. “Having tripled its...
