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News - West Africa
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MTN and Airtel have received approval from the Central Bank of Nigeria to operate a Payment Service Bank
The Central Bank of Nigeria (CBN) has given MTN and Airtel preliminary approval to operate a payment service bank (PSB)...
Read morePayhippo raises $3 million in a seed round to help Nigerian small businesses gain access to financing
As part of its efforts to help small businesses in Nigeria get the finance they need, Payhippo announced that it has...
Read moreChipper Cash, an African cross-border payments company, has raised $150 million at a valuation of over $2 billion.
African cross-border payments provider Chipper Cash has secured $150 million in an expanded Series C round, which included participation from...
Read moreAutochek has raised $13.1 million in funding to expand its auto lending platform across Africa
Autochek, an African automotive technology company that facilitates auto financing, has raised $13.1 million in early capital. The round was...
Read moreCatalyst Fund invests in four Ghanaian digital commerce startups
The Catalyst Fund Inclusive Digital Commerce Accelerator welcomed OZÉ, Shopa, Swoove, and Tendo, four Ghanaian digital commerce startups, as the...
Read moreNigeria launches eNaira, Africa’s first digital currency, after postponing the initial October 1 debut date
To date, Nigeria is the only African country to have launched its own digital currency, the eNaira, which its authorities...
Read moreVendease, an online marketplace, has raised $3.2 million in seed funding
Vendease, an online marketplace that connects restaurants and other food businesses with manufacturers and farms directly, has secured $3.2 million...
Read moreWith the acquisition of super agent network Baxi, MFS Africa expands into Nigeria.
MFS Africa has announced the acquisition of Baxi, one of Nigeria's premier super-agent networks. The merger, which is still awaiting approval...
Read moreBrass, a Nigerian digital bank, has raised $1.7 million in a funding round to help it expand
Brass, a Nigerian fintech startup that provides small and medium-sized enterprises (SMEs) with easy access to affordable premium banking services,...
Read moreAsante, an Africa-focused fintech company, has raised $7.5 million in Series A funding
Asante Financial Services, an African fintech, has raised a $7.5 million Series A round of funding to expand its credit...
Read moreSendbox, a Nigerian e-commerce fulfillment startup, has raised $1.8 million in a seed round
Sendbox, a Nigerian e-commerce fulfillment startup, has raised US$1.8 million in seed funding to help small-scale merchants get access to...
Read moreSparkle, a Nigerian digital bank, has raised $3.1 million in a seed funding round
Sparkle, a Nigerian startup that provides financial, and business support services to Nigerians all over the world, has raised US$3.1...
Read moreThe Big 5
