Umba Digital Bank acquires a majority stake in Daraja Microfinance Bank
Umba, a digital bank in Nigeria, has bought a majority share in Daraja, a microfinance bank in Kenya, for an ...
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Tag: Fintech
The DMZ Cairo incubator is accepting applications for its second edition
For the second year of the DMZ incubator program, which supports early-stage tech entrepreneurs, applications are now open. Inaugurated in ...
Qwili, a South African startup, secures a $1.2 million seed round
Qwili, a Cape Town-based hybrid hardware-software startup, has raised US$1.2 million in an oversubscribed seed funding round to support the ...
The parent company of Facebook, Meta, has reported its first-ever revenue drop
The parent company of Facebook, Meta, announced $28.8 billion in sales for the three months that ended in June, a ...
Apple has released earnings for the fiscal third quarter that surpassed forecasts for both revenue and profit
Apple's sales grew 2% during the quarter, compared to 36% growth in the same period last year and over 8% ...
Alphabet, the parent company of Google, reported earnings that were lower than expected for the second quarter
Google's parent company, Alphabet, has reported lower-than-expected Q2 earnings and revenue. According to the company's report, revenue generated from Google's primary ...
Microsoft releases its fiscal Q4 earnings, falling short of revenue projections
Microsoft reported $51.9 billion in revenue and $16.7 billion in profit, up respectively by 12 and 2 percent from the ...
Namibia has launched Crypto Kiosk, the country’s first Bitcoin ATM
The Crypto Kiosk at Maerua Mall in Windhoek is now home to Namibia's first Bitcoin ATM. According to all applicable ...
The Fashion Kingdom, an Egyptian online fashion retailer, has raised $2.6 million in a seed round of funding
Egyptian fashion e-commerce platform The Fashion Kingdom (TFK) has raised $2.6 million in venture funding co-led by CVentures and A15. Existing ...
Hashgreed, a Nigerian NFT marketplace, has raised $1 million to expand its NFT and asset tokenization efforts in Africa
Hashgreed, a Nigerian NFT marketplace, multifunctional NFT, and super dapp platform that is a part of the Krosscoin Ecosystem, has ...
Seedstars has announced the first closing of a $30 million fund for emerging market seed stage funding
With the first close of $20 million, the Swiss-based Seedstars has opened the doors to its second emerging market seed ...
Ubenwa, a healthtech startup, has raised $2.5 million in pre-seed funding
Ubenwa, a cutting-edge health-tech startup that uses Machine learning and artificial intelligence to diagnose babies between the ages of 0 ...
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