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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...
A recent report by Financial Sector Deepening Uganda, UKAid and East Africa Venture Capital Association show, 99% of Fintech funding in East Africa goes to Kenyan Apps. Kenyan finance and technology (Fintech) start-ups take a lion’s share of 99 percent of all funding in the region – leaving Uganda, Rwanda...