Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.
The fund represents a rare equity-focused play from Namibia, a country better known for its commodities and institutional pension funds than its tech exports.
Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.
The fund represents a rare equity-focused play from Namibia, a country better known for its commodities and institutional pension funds than its tech exports.
The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent
