Tag: FinTech News

MFS Africa, a digital payments network, has raised another US$100 million in equity and debt capital led by Admaius Capital ...

Jumba, a Kenyan B2B construction technology platform, has raised $1 million in a pre-seed round of funding

In a pre-seed round led by Enza Capital, a B2B construction technology platform, Jumba has raised $1 million in funding. ...

Khazenly, Egypt’s on-demand digital warehousing platform, has received a $2.5 million seed funding

Khazenly, a Cairo-based on-demand digital warehousing and fulfillment network, has received $2.5 million in seed funding. Leading regional venture capitalists ...

Gozem receives $10 million from the International Finance Corporation (IFC)

Gozem, a company that offers drivers, retailers, and other consumers a suite of mobility, e-commerce, and financial services, has established ...

Crossboundary, based in Kenya, receives $25 million for solar mini-grids in Africa

Crossboundary Energy Access (CBEA), a Kenya-based mini-grid infrastructure fund, has raised $25 million in funding from ARCH Emerging Markets Partners ...

Microsoft has officially shut down Internet Explorer

Internet Explorer was officially discontinued by Microsoft on Wednesday after nearly 27 years. As of June 15, 2022, Microsoft will ...

Indoor Robotics has raised $15 million in a Series A round to revolutionize building monitoring and security

Indoor Robotics, a company that specializes in indoor drone technology and just introduced the TandoTM drone, has raised $15 million ...

The first fund of Launch Africa Ventures, which closed at $36.3 million, has made its 100th investment

Launch Africa Ventures, an early-stage venture capital firm, has made its 100th investment, making it the most active investor in ...

Partech’s Africa Fund II to receive $26 million investment from IFC

The World Bank's private sector arm, the International Finance Corporation (IFC), wants to invest up to €25 million ($26.43) in ...

DXwand, an Egyptian AI startup, has raised $1 million in a pre-Series A round of funding

DXwand, an Egyptian company that offers conversational artificial intelligence (AI) solutions, has raised $1 million in a pre-series A round. ...

Virridy has completed a Series A funding round for $5.5 million, led by Accord Capital