June funding rounds show a recovery in the share of Africa-based investors, but several prominent funds remain absent and the revival is concentrated in a handful of markets.
ValU, a leading Egyptian fintech company, empowers millions through its "U" BNPL platform and diverse innovative products like "AZ Valu" and "EFG Hermes ONE."
Despite raising over $27 million in funding since its inception in 2016, the company had only £180,000 (approximately $225,000) left to settle its obligations as of the date of filing for insolvency...
June funding rounds show a recovery in the share of Africa-based investors, but several prominent funds remain absent and the revival is concentrated in a handful of markets.
The seed cheque is BasharSoft's first investment since acquiring career platform iCareer, and signals interest from MENA's recruitment incumbents in newer models of professional engagement.
