More
    HomeEcosystem NewsSOUTHERN AFRICA

    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.
    spot_img

    Keep exploring

    Nigerian Cleantech Rana Energy Raises $3M to Replace Diesel Generators with AI-Powered Solar

    The Lagos-based startup combines equity and debt in a pre-seed round to scale its AI-driven 'digital utility' platform across Africa.

    Meet 30 Leading Africa-focused VC Firms Led by Female Managers

    While many are emerging managers raising their first or second funds, they collectively represent a powerful shift in the ecosystem.

    AI Fintech Optasia Eyes JSE For South Africa’s Largest Tech IPO of the Year

    The listing could raise over R6bn ($350 million) and provide a critical test for Johannesburg's ailing public tech market.

    With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom

    Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.

    Latest articles

    Nigerian Cleantech Rana Energy Raises $3M to Replace Diesel Generators with AI-Powered Solar

    The Lagos-based startup combines equity and debt in a pre-seed round to scale its AI-driven 'digital utility' platform across Africa.

    Meet 30 Leading Africa-focused VC Firms Led by Female Managers

    While many are emerging managers raising their first or second funds, they collectively represent a powerful shift in the ecosystem.

    Nedbank’s Fintech Shopping Spree Continues with $7.5M Bet on Tanzania’s Kuunda

    The investment comes as Nedbank pursues a more aggressive fintech strategy.

    YC Alum Chari Raises $12M to Launch a Banking-as-a-Service Platform in Morocco

    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.