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Injaro Investment Advisors, a leading Ghanaian private capital fund manager, has made a significant equity investment of US$2 million in Zeepay Ghana Limited's Series A.5 round. Zeepay, a wholly-Ghanaian-owned mobile finance service provider, specializes in cross-border payments and mobile money services across Africa and the Caribbean. This strategic investment... -
Spearhead, the Black-owned, African spirits group, today announced it has raised $3 million. Funded by Pendulum, a strategic investment and advisory platform for founders and leaders of color, the investment marks the group’s entry into the US and will further power the company’s next phase of growth. Following a... -
With a focus on growing across Africa, Fido, a fintech business with its headquarters in Ghana, has raised $30 million in a Series A round of funding. Fido, a fintech company with headquarters in Ghana, has raised $30 million in a Series A round of fundraising with the goal... -
According to research, 85% of African SMBs have zero access to financing, and each day, African SMBs have billions locked up in receivables due to long payment cycles. This leads to cash flow problems that cause businesses to be late on important expenses and fulfilment of new orders. Jesse Ghansah... -
Gozem, Togo’s leading multi-vertical super app platform, has today announced the completion of a $5 million Series A round. Togo’s leading multi-vertical super app platform, Gozem, has today announced the completion of a $5 million Series A round led by corporate and institutional investors from four continents with expertise... -
Chango App, a new mobile crowdfunding platform established by the Ghanaian IT Consortium, allows people and groups to raise money for a predetermined campaign. A new mobile app named Chango, a crowdfunding platform has been released by IT Consortium, one of Ghana’s leading producers of digital financial solutions. Chango... -
Nigerian fintech startup, Lemonade Finance, has raised $725K in pre-seed funding for a project aimed at improving access to financial services for African diaspora investors. Nigerian fintech startup Lemonade Finance has secured a US$725,000 pre-seed funding round. The round was led by Y Combinator and other investors Ventures Platform,... -
Andela, which helps companies hire remote technology staff, has raised $200 million in new funding led by Softbank with participation from new investor Whale Rock. A global network for remote technical talent, Andela has revealed that it has raised $200 million in Series E funding, valuing the firm at... -
pawaPay originated as part of the payments of pawaTech, a UK software company with more than a decade of experience building Mobile Money solutions for African markets. In early 2020, pawaPay was spun out as a standalone business with the backing of the investors behind pawaTech. Today, pawaPay is already...
