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News - East Africa
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Alvin, 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 moreMYDAWA, a Kenyan healthtech startup, has received a $1.2 million grant from the Gates Foundation
MYDAWA, a Kenyan e-health business, has received a US$1.2 million grant from the Bill and Melinda Gates Foundation to expand...
Read moreSabi, a Nigerian B2B marketplace, has raised a bridge round of $6 million
Sabi, a B2B marketplace, has announced the completion of a US$6 million bridge round to assist the company's rapid expansion...
Read moreAsilimia, a Kenyan fintech startup, has raised $2 million in pre-seed funding
Kenyan fintech startup Asilimia, which aims to connect African MSMEs with the formal financial industry, has raised US$2 million to...
Read moreThe Big 5
