More
    HomeIndustry

    Industry

    New Payment Rails for Africa? Circle’s $100bn Stablecoin Network Attracts Continent’s Top Fintech Players

    Africa remains one of the most expensive regions in the world to send and receive money, with remittance fees averaging nearly 8%.

    Larger Cheques from Techstars, Yet Pullback in Africa Casts a Shadow

    This revised investment model aligns Techstars more closely with the funding terms offered by other leading global accelerators, notably Y Combinator (YC).

    Visa Targets North Africa’s Digital Payments Market with New Investments

    Visa’s Africa strategy is ambitious. Its $1 billion commitment — announced in 2022 — targets infrastructure development, digital inclusion, and financial literacy.

    Afrimobility: Akwa Group’s Venture Capital Arm Backs 25 Startups in Under Five Years

    “Many VCs just provide money and wait. We invest in the founders themselves, because their success determines ours.”
    spot_img

    Keep exploring

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

    Latest articles

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.

    Why the Best Business Strategy Is Nothing Without a Clear Execution Strategy

    Even companies with excellent strategies will remain stuck until they execute the plans, but execution is no silver bullet.

    German and Swiss Development Funds Inject $2.3 Million Into Spark to Scale Sub-Saharan Energy Access

    The Breda-based B2B solar company will use the development-finance investment to build financing tools...