What’s Happening? Jetpad, a crypto startup founded in Anambra State,Southeast Nigeria, has received a $75,000 grant from the Stellar Community Fund to expand its latest innovation – the Jetpad Smart Wallet. This funding supports Jetpad’s broader mission to simplify crypto access across Africa by delivering user-friendly blockchain products tailored for everyday users. Unlike traditional wallets […]
What’s Happening? Nigerian fintech company Bankly has been acquired by investment firm C-One Ventures, just seven months after the appointment of its new Managing Director, Stephen Amodu. While the financial terms of the deal remain undisclosed, a statement reviewed by Techpoint Africa indicates that Bankly will be integrated with other fintech entities within C-One Ventures’
Bankly Acquired by C-One Ventures to Expand Fintech Portfolio in Nigeria Read More »
PaidHR, a Nigerian startup that’s making HR smooth and easy, is in talks with investors to raise $1.5 million in a seed round according to Techcabal. This comes after they processed a hefty ₦11 billion in salaries last year and raised $500K back in February 2023 from big-name investors like Zrosk IML, Zedcrest Capital, and
PaidHR Looks to Raise $1.5M Seed Round for Cross-Border Payroll Expansion Read More »
Yellow Card has raised $33 million to help its business grow across Africa. This funding round was led by Blockchain Capital, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital. With this, Yellow Card has now raised a total of $88 million,
Yellow Card Raises $33M Series C to Boost Growth and Expansion Read More »
Kofa Technologies, a Ghanaian startup specializing in clean and portable battery solutions, has partnered with PASH Global to expand its battery-swapping network across Ghana. This initiative aims to deploy 6,000 batteries and establish up to 100 swap stations, providing reliable energy access and supporting the transition to clean energy and the widespread adoption of electric
Ghana’s Kofa Technologies Raises $5 Million for Battery-Swapping Network Read More »
Userguest, a Moroccan technology company founded in 2018, has raised €2.2 million (about $2.4 million) in seed funding. The startup’s innovative platform helps hotels increase direct bookings and revenue through automated, personalized messaging. Al Mada Ventures led the investment round, joined by CDG Invest, Saviu Ventures, UM6P Ventures, Kalys VC, Plug & Play, and business
Moroccan Startup Userguest Secures €2.2 Million to Boost Hotel Revenue optimization Read More »
Nigerian fintech company Rise has made a strategic move in the East African market by acquiring Hisa, a Kenyan investment startup. As reported by TechCabal, This marks Rise’s second acquisition within a year, following approval from Kenya’s Capital Markets Authority (CMA). The acquisition allows Rise to expand its operations into Kenya while maintaining Hisa’s brand
Nigerian Fintech Rise Acquires Kenyan Investment Platform Hisa Read More »
Chpter, a Kenyan e-commerce startup founded by former Marketforce executives, has raised $1.2 million in pre-seed funding. The funds will be used to enhance its technology and expand operations into Egypt and Nigeria. Founded in 2022 by Tesh Mbaabu, Mesongo Sibuti, Kuria Kevin, and Mark Kiarie, Chpter transforms social media into a sales platform with
Kenyan E-commerce Startup Chpter Secures $1.2 Million in Pre-Seed Funding Read More »