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Nigerian E-commerce Startup, Omnibiz, Secures $3 Million Seed Round To Expand Across West Africa
Nigeria-based Business to Business (B2B) eCommerce startup, Omnibiz has announced securing $3 million in a seed round.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Catalyst Fund Announces Its Latest Cohort of Companies Bringing Inclusive Fintech Solutions To Underserved Communities
PayPal joins as a new supporter as Catalyst Fund explores connections between digital finance and climate resilience.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: UNCDF Releases Cutting-Edge Research on Financial Health
The United Nations Capital Development Fund (UNCDF) in partnership with i3 Program, supported by MetLife Foundation, released its flagship publication, “Delivering Financial Health Globally”.
- Categories
- Finance
- Region
- Global
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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Small but Mighty: CGAP and the Future of Financial Inclusion
Greta Bull from CGAP discusses the future challenges facing financial inclusion as Low- and middle-income countries continue to grapple with the COVID-19 pandemic.
- Categories
- Coronavirus, Finance
- Region
- Global
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa Scoops Another $200 Million for Mobile Money Business
Airtel Mobile Commerce is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: CDC Group Announces $50 Million Trade Finance Facility With Ecobank As Part of Its COVID-19 Response
This marks CDC’s first partnership with EBISA with the commitment aimed at providing systemic liquidity to underserved markets and crucial trade finance support to local banks and businesses across Africa.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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