M2P Fintech, Formerly YAP, Raises $56 Million At A New Valuation of $600 Million
M2P Fintech is a payments infrastructure startup based in India. With its two major offerings, the startup provides assistance for...
French Insurtech Luko Acquires Germany’s Coya, Obtains Insurance License From German Regulator
Acquisitions are done for quite a number of reasons, From venturing into a market using the acquired startup to acquiring...
Crypto.com Admits That Accounts Of About 400 Customers Were Hacked And Assets Worth $33 Million Were Stolen
Cryptocurrency exchange platform Crypto.com has admitted that its platform has been compromised and that about 400 customer accounts were hacked....
South African Mobile Games Publisher Carry1st Raises $20 Million In A Series A Extension Round Led By Andreessen Horowitz
In a Series A extension round led by Andreessen Horowitz (a16z), South African publisher of social games and interactive content...
Kenya’s Fast-rising Fintech Platform Zanifu Raises $1 Million In Seed Funding, Plans To Upgrade Its Platform and Grow its Client Base
Zanifu a Kenyan fintech company has raised $1 million in seed funding. The round saw the participation of Launch Africa...
Copia Global, A Kenyan e-Commerce Company Secures $50 Million To Fuel Expansion Plans Across Africa
Copia is a service that lets users purchase quality goods at affordable prices and get them delivered to them within...
QED Investors Hire Gbenga Ajayi As A Partner On Its International Team To Focus On Investments In Africa
QED Investors has hired Gbenga Ajayi as an African partner on its international team. QED Investors invest in fintech companies...
Senegal’s PAPS Raises $4.5 Million In A Pre-Series A Round Led By 4DX And Orange
Senegalese Logistics and delivery company PAPS has secured $4.5 million in a pre-Series A round led by pan-African venture capital...
Over 260 Million Individual Users Have Signed Up For China’s Digital Yuan Wallet
Earlier this month, China announced its digital yuan wallet app was up for download and that the pilot version was...
Africa50 Leads Kenya’s Low-cost ISP Provider Poa’s $28 Million Series C Funding Round
Poa, a Kenyan startup providing low-cost internet services has raised $28 million in a Series C funding round led by...