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    SOUTHERN AFRICA

    MultiChoice’s Fintech Arm ‘Moment’ Reaches $80M Valuation Following Recent $22M Funding Round

    Founded in 2023, Moment is a joint venture between MultiChoice, payments platform Rapyd, and venture capital firm General Catalyst.

    TymeBank’s Indonesian Expansion Gains Momentum with $2.5M New Funding Support

    This partnership marks Tyme’s strategic expansion into Southeast Asia’s financial landscape, building on its established presence in South Africa and the Philippines while offering Finfra valuable international exposure.

    Edge Growth Ventures Raises $2.1M to Back Growth-Stage South African Firms

    Edge Growth’s portfolio already includes firms such as Rentoza, logistics operator DKN Transport, home services startup SweepSouth, among others

    SA’s Scale Raises $700K Pre-Seed to Enable African Fintechs Launch and Manage Card Payments

    The $700,000 in pre-seed funding will allow Scale to accelerate its market entry into three African nations, where the company aims to enable fintechs and other businesses to offer payment solutions that are otherwise challenging to deploy.
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    Nigeria’s BFREE Raises $3M to Unlock New Frontier in Distressed Loan Portfolio Financing

    BFREE is turning what has long been considered a dead-end in African finance — non-performing loans — into a viable, tech-powered asset class.

    Inside the Fintech That’s Quietly Built Africa’s Largest Smartphone Assembly Line

    It’s a playbook that echoes India’s feature phone revolution of the early 2000s — except with embedded finance at the core rather than cheap calls.

    Africa’s SWIFT Alternative PAPSS Just Hit 17 Members. Here’s Why That Matters

    While the expanding geographical footprint is significant, the real story lies in the “how.”

    Billionaire-Funded Program Offers $2m Equity-Free to African AI & Manufacturing Startups

    While Africa is home to nearly 18% of the world’s population, it contributes less than 2% of global manufacturing output.

    Latest articles

    Nigeria’s BFREE Raises $3M to Unlock New Frontier in Distressed Loan Portfolio Financing

    BFREE is turning what has long been considered a dead-end in African finance — non-performing loans — into a viable, tech-powered asset class.

    Inside the Fintech That’s Quietly Built Africa’s Largest Smartphone Assembly Line

    It’s a playbook that echoes India’s feature phone revolution of the early 2000s — except with embedded finance at the core rather than cheap calls.

    Network International and Magnati Merge to Form $400bn African-Middle East Fintech Giant

    The new company will serve more than 250 financial institutions, 240,000 merchants, and 20 million cardholders in over 50 markets.

    Nawy Buys UAE’s SmartCrowd in Bid to Build MENA’s First Real Estate Super-App

    Before the acquisition, SmartCrowd has raised over $3.6M across 3 funding rounds.