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News - East Africa
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Finclusion, An African FinTech company has raised $20 million in funding to help grow its business across Africa
Finclusion Group recently raised $20 million in debt and equity finance from a number of well-known investors. This significant fund...
Read moreCopia Global, a Kenyan eCommerce company, has raised $50 million to expand its operations.
Copia Global, a Kenyan eCommerce company, has announced a $50 million Series C funding led by Goodwell Investments. Previous investors...
Read moreLipa Later, a Kenyan BNPL startup, has received $12 million in funding for expansion
Kenyan buy-now-pay-later (BNPL) company Lipa Later has secured US$12 million from a syndicate of investors to help it enhance coverage...
Read moreAlvin, a Kenyan money manager startup secures $740,000 in pre-seed funding
Alvin, a Kenyan startup that helps consumers align their daily spending with their savings goals, has raised a US$740,000 pre-seed...
Read moreTugende, a Ugandan asset finance company, has closed a $17 million debt investment round
Tugende, a leading Uganda fintech lender specializing in asset finance in Kenya and Uganda, announced the completion of a new...
Read morePaylend, a Kenyan fintech startup, has raised $2 million in a seed round
Paylend, a Kenyan fintech startup, has announced that it has received a $2 million seed funding from Next Chymia Consulting...
Read moreIMFact, a Kenyan fintech, has received £3 million in funding from FSD Africa Investment
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has invested £3 million in IMFact, a Kenyan fintech firm...
Read moreWowzi, a Kenyan tech startup, has received $3.2 million in funding to expand across Africa
Wowzi, a Kenyan tech startup, has raised $3.2 million in funding to expand into Ghana, Nigeria, and Southern Africa. 4DX...
Read moreKwara, a Kenyan startup, raises $4 million in a seed round
Kwara, a Kenyan startup that is assisting in the transformation of traditional savings cooperatives into contemporary digital banks, has raised...
Read moreKenyan President Uhuru Kenyatta approves laws to regulate digital lenders
Kenyan President Uhuru Kenyatta has approved a legislative reform that will empower the central bank to supervise digital lenders, giving...
Read morePariti, a Kenyan community marketplace, has received $2.85 million in seed funding
Pariti, a community marketplace that builds entrepreneurship infrastructure in Africa, has raised $2.85 million in seed capital. Harlem Capital led...
Read moreShamba Pride, a Kenyan agri-tech startup, has raised $1.1 million in funding
Shamba Pride, a Kenyan agri-tech startup, has raised US$1.1 million in funding from Seedstars Africa Ventures and Gray Matters Capital...
Read moreThe Big 5
