The YC-backed startup is pursuing a dual strategy: embedding financial services for mom-and-pop shops while also offering its fintech infrastructure to other businesses.
Filings from the Nigerian fintech unicorn disclose heavy spending on salaries and fees to pave the way for its acquisition of a regulated British payments firm.
The first rule of fundraising is knowing where the money is. Here's a comprehensive guide on who to pitch, where to find them, and how to approach them. In 2025, the majority of VC fundraising activity in African startups has come from these sources.
The online grocer recently secured $10m from the European Bank for Reconstruction and Development to fuel its expansion into financial services and new cities.
The dual role reflects an emerging pattern in African venture capital, where founders leverage operational expertise whilst pursuing investment opportunities.
Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.
Last year, TLcom Capital, together with Flourish Ventures, backed South African fintech LittleFish. However, that investment ended up in court, with one of LittleFish's founders fighting for his 'life' in the company post-deal.
