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    Latest Funding

    South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa

    With this deal, a wave of South African banks continue their backing for African fintech firms.

    Egypt’s DisrupTech Ventures Backs Nigeria’s Winich Farms in Rare Investment Move

    Winich Farms was founded in 2020 by brothers Riches and Winner Attai, alongside Chichebem Jibunoh.

    Ghanaian Fintech Zeepay Raises $18m Debt to Power Remittance-Led Expansion

    The newest funding round - confirmed to Launch Base Africa by Verdant IMAP, the investment firm that structured and arranged the transaction - marks a significant milestone for the fintech.

    Norfund Backs Nigeria’s OmniRetail in $20M Round — Its First Direct African Startup Investment

    The funding follows significant internal achievements: OmniRetail became EBITDA positive in 2023 and net profitable in 2024, a rare milestone for African B2B commerce startups.
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    Egyptian Unicorn MNT-Halan Closes $82M Debt Haul as Loan Book Nears $1B

    Fintech group captures nearly a quarter of Egypt's micro-lending market and expands retail credit footprint as EGP 4bn securitisation program supports growth.

    Fresh Off Its Jordan Launch, Cairo’s Valu Lands $18M in Latest Securitisation Deal

    The transaction marks the fourth tranche executed under the company’s ongoing EGP 10 billion [$190 million] eighth securitisation framework.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Egyptian Unicorn MNT-Halan Closes $82M Debt Haul as Loan Book Nears $1B

    Fintech group captures nearly a quarter of Egypt's micro-lending market and expands retail credit footprint as EGP 4bn securitisation program supports growth.

    Fresh Off Its Jordan Launch, Cairo’s Valu Lands $18M in Latest Securitisation Deal

    The transaction marks the fourth tranche executed under the company’s ongoing EGP 10 billion [$190 million] eighth securitisation framework.

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.

    African Fintech’s Debt Shift Comes With a Catch

    Headline totals hit $1.9bn, but a surge in collateralised debt and shrinking medians reveal a market concentrating around asset-heavy giants.