Nigerian Fintech Payaza Secures ₦14.9bn in Commercial Paper
Payaza, a fintech company, has secured and already redeemed a ₦14.9 billion Series 1 commercial paper (CP), becoming one of the first ...
Tag: funding
African Startup Funding Rebounds to $1.4B in H1 2025
After eighteen months of bruising down-rounds and thin deal sheets, African tech investment is finally showing signs of spring. New ...
Solar Company D.Light Secures $842M Africa Funding
D.light, a solar energy company started at Stanford, has successfully increased its financing capacity to an astonishing $842 million, marking ...
Multiverse Computing Raises $215M to Reduce AI Computing Costs
Multiverse Computing, a Spanish firm, announced on Thursday that it has raised a massive €189 million (about $215 million) Series ...
PalmPay Seeks $100M Funding Round
Multiple people with knowledge of the situation have revealed that PalmPay, an African digital bank fintech, is in negotiations to ...
Affiniti Raises $17M for AI-Powered Small Business Finance
One firm recently obtained a new round of investment to realize its goal for an "AI CFO." The organization ...
OmniRetail Raises $20M to Transform West Africa FMCG Supply Chain
Image Source: TechCrunch When Deepankar Rustagi last raised funding for OmniRetail in 2022, investors were bullish on African startups tackling ...
OpenAI has Closed a $40b Funding Round, Now Valued at $300B
On Monday, OpenAI said that it has concluded the biggest private tech fundraising round ever. Including the new funding, the ...
OpenAI Approaches $40B Funding Round in For-Profit Push
While many of us are busy marvelling at ChatGPT’s latest image-generation features—transforming our photos into art reminiscent of Studio ...
QED’s Equity Pool is Empowering Remedial Health in Nigeria
QED is making significant strides in empowering Remedial Health in Nigeria. With its innovative technology and commitment to improving the ...