More
    HomeEcosystem News

    Ecosystem News

    FairMoney in Talks to Acquire Neobank Umba, Eyes African Expansion

    Paris-based fintech, FairMoney, is currently in early-stage negotiations to acquire Umba, a neobank operating...

    Carbon Acquires Vella Finance and Launches AI-Powered Business Banking Platform

    Carbon, a prominent player in Nigeria’s financial sector, has successfully acquired fintech startup Vella...

    Uber Explores $100 Million Investment in African Startup Moove to Bolster Vehicle Financing

    Uber Technologies Inc. is currently engaged in discussions to invest a substantial $100 million...

    Roam Secures $24M Series A Funding to Accelerate Electric Mobility Expansion in Africa

    Roam, the Kenya-based trailblazer in electric vehicle (EV) innovation in Africa, is gearing up...
    spot_img

    Keep exploring

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.

    Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

    For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.