Monday, September 1, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Fintech

BezoMoney, a Ghanaian fintech startup, has received $200k in seed funding led by Goodsoil venture capital

Tech Gist Africa by Tech Gist Africa
04/15/2021
in Fintech, Funding, News, News - West Africa, Startups, Venture Capital
0 0
0
BezoMoney Ghana Fintech

BezoMoney Ghana Fintech

0
SHARES
Share on FacebookShare on Twitter

BezoMoney, a Ghanaian digital savings startup, has raised US$200,000 in a seed funding round led by Goodsoil VC, a London-based venture capital company, to boost its further growth and expansion.

BezoMoney is a fintech company that creates and delivers digital financial services to the unbanked and younger population.

BezoMoney is a platform that helps users save, earn capital through community savings, and create a savings and credit history. It was established in 2019 by Mubarak Sumaila and Diana Osei after their participation in Meltwater Entrepreneurial School of Technology (MEST Ghana).

“From the beginning, our mission has been to assist the unbanked in achieving upward social mobility. In Africa, there are a lot of people who work in the informal sector, and their lives rarely change from year to year. “Through our study, we discovered that this is due to their restricted access to formal financial services, which stems from their inability to establish verifiable credit histories, despite the fact that they save and borrow through informal financial schemes,” said Sumaila, BezoMoney’s CEO.

The BezoMoney team, according to Orla Enright, general partner of GOODsoil VC, is providing unbanked and youthful consumers with easy access to efficient and scalable wealth-generating resources that are traditionally difficult to access.

The funds will be used to obtain a Payment and Financial Technology Service Providers (PFTSP) license in Ghana, as well as to develop and launch new products such as BezoCredit, a zero-interest credit product, and BezoInvest, an investment product. It also allows users to invest their savings as well.

Furthermore, the company intends to massively increase its user base, grow its team, and scale across Ghana.

Read More on Tech Gist Africa:

Zeepay, a Ghanaian fintech firm, has acquired Mangwee, a Zambian mobile money operator

Revix, a cryptocurrency investment platform based in South Africa, has raised $4.1 million

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

GITEX Nigeria 2025
Events

GITEX Nigeria 2025: A Landmark Event for Africa’s Digital Future

by Tech Gist Africa
09/01/2025
0

Nigeria is set to host the inaugural GITEX Nigeria from September 1–4, 2025, marking a significant milestone in the nation's...

Read more
Agriculture Africa

Ghana to Become Africa’s First AI-Powered Agricultural Hub with $100M Japanese Investment

09/01/2025
Munify Egypt

Munify Secures $3M Seed Funding to Revolutionize Cross-Border Banking for Egyptians Abroad

09/01/2025
Uncovered Fund and Monex Ventures

Uncovered Fund and Monex Ventures have launched a $20M Fund

09/01/2025
PALM Egypt fintech startup

Egypt’s PALM Launches First Goal-Based Investment Platform, Empowering Everyday Savers

09/01/2025
Next Post
Falcon 9 rocket spacex Elon Musk tech news

SpaceX raises $1.16 billion in equity funding in the last two months

SHYFT Power Solutions Ugwem Eneyo

SHYFT Power Solutions Raises $3.1 Million in a Seed Round to Speed Up access to Affordable Energy

Microsoft- Cruise, self driving car Tech news

Cruise, a self-driving automobile startup, has raised $2.75 billion in funding from Walmart and other investors

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.