Browsing Category
Africa Tech News
79 posts
Africa Tech News
HR and payroll startup Workpay snaps $5M funding from Visa and others
Workpay, a Kenyan cloud-based HR, payroll, and benefits platform for organisations, raised $5 million in Series A funding.…
Innovate Africa Fund launches with $2.5M to back up to 20 early-stage startups
Innovate Africa Fund, an angel investment fund that supports early-stage founders has launched with an initial $2.5 million.…
Orca reels in €550K to sink fraud in emerging markets
Orca, a South African startup dedicated to combating fraud in emerging markets, has secured €550K in a pre-seed…
OpenseedVC secures $10M to back operator-led startups in Africa and Europe
OpenseedVC, a new early-stage venture capital firm, has secured the first close of its $10 million fund. The…
Accel invests in Swypex’s $4M round to expand its all-in-one finance platform
Nearly 3.8 million businesses across Egypt currently struggle with complex and rigid financial systems, resulting in inefficient financial…
IFC joins P1 Ventures with latest $35M fund to boost investment in African startups
In a remarkable display of confidence in Africa’s burgeoning tech scene, P1 Ventures announces the closure of $35…
Nigerian-born mobility fintech Moove heads for global expansion with $100M funding led by Uber
Moove, a global mobility fintech, has secured a significant $100 million Series B funding round, taking the company’s…
Blockchain payments startup Zone raises $8.5M to expand across Africa
Africa’s fintech space has started gaining attention from investors in recent years. Recently, we saw startups in this…
Second buyout in 2024: Deel acquires African startup PaySpace for around $100M
Deel, a San Francisco-based payroll and HR company has announced the acquisition of African company PaySpace. While the…
