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FINTECH AFRICA | ‘We’re Yet To Scratch the Surface in Africa,’ Says CEO Of Africa’s Most Valuable Startup
Flutterwave's CEO, Olugbenga Agboola, shares the fintech's expansion plans, highlighting new licenses in multiple African nations and the U.S. The company aims to strengthen its infrastructure, focusing on its enterprise solutions to bridge Africa with the global economy.
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EVENT | CEO of Nigerian Exchange, Quidax, Calls for Global Collaboration to Boost Africa’s Crypto Ecosystem at Consensus 2025
Buchi Okoro, CEO of Quidax, urged global crypto stakeholders to collaborate with local innovators to unlock Africa's decentralized economy potential. Highlighting crypto's transformative role, he emphasized partnerships as crucial for growth amid rising adoption and innovation in the region.
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BTC-1,17%
DEFI4,26%
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INTRODUCING | South Africa Fintech, Mama Money, Launches a WhatsApp-Linked Card for Remittances and Payments
Mama Money, in collaboration with Paymentology and Access Bank, has launched a WhatsApp-integrated card service enabling easy international payments, account management, and financial access for migrants in South Africa, promoting inclusivity and financial empowerment.
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South Africa’s Second Largest Online Payment Gateway, Peach Payments, Secures $31 Million in Series A Funding
Peach Payments, a fintech startup from South Africa, has secured $31 million in Series A funding led by Apis Partners, with the aim of accelerating its expansion across the African continent and enhancing its range of products and services.
Established in 2012 in Cape Town, South Africa, Peach Paym
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Canon is Launching a Photography-Focussed Digital Art & NFT Marketplace Dubbed ‘Cadabra’ on the Ethereum Blockchain
Canon USA is launching Cadabra, an online marketplace for photography NFTs, connecting creators and collectors. The platform will accept various payment methods and offer prints of digital art. More details are expected later in 2023.
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IMX-0,73%
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Nigerian SME Automation Platform, Bumpa, Raises $4 Million in Seed Round
Bumpa, a Nigerian SME accelerator, has secured $4 million in seed funding led by Base10 Partners. Aiming to empower small businesses with digital tools, Bumpa has already impacted over 50,000 clients and facilitated $20 million in GMV.
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FUNDING | Kenya’s Women-Centric Bitcoin Education Initiative, Bitcoin DADA, Receives $10,000 Donation in BTC from Samara Asset Group
Bitcoin DADA, an organization focused on educating African women about Bitcoin, received a $10,000 donation in BTC from Samara Asset Group. This funding will support educational initiatives aimed at providing financial empowerment and independence for women in Africa.
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FUNDING | Leading African Web3 Gaming Publisher, Carry1st, Announces Strategic Investment from Sony Innovation Fund
Carry1st, a South African mobile game publisher, received a strategic investment from the Sony Innovation Fund: Africa. With over $60 million in funding, Carry1st aims to enhance the African gaming market through partnerships and a new payment system.
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NORTH AFRICA | Egyptian Fintech, PayMob, Receives Inaugural International Fintech PSP License from the Central Bank of Oman
PayMob, a top fintech in North Africa, has become the first international company to receive a Payment Service Provider license in Oman, enhancing its payment solutions for over 250,000 merchants and supporting the country's digital economy goals.
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UniSwap Raises $165 Million Valuing the DEX at Over $1.6 Billion
UniSwap Labs has raised $165 million in Series B funding to launch NFTs and expand into mobile. Founded by Hayden Adams, UniSwap aims to enhance accessibility and security while commanding 64% of DEX volumes with a valuation of $1.66 billion.
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FUNDING | Umba Raises $5 Million to Expand Asset Financing in Kenya After 6x Revenue Growth in 2024

Umba, a digital bank based in Nairobi and active in both Kenya and Nigeria, has secured a $5 million debt facility to expand its secured lending portfolio in Kenya.
The funding will primarily support vehicle financing and loans for small and medium enterprises (SMEs).
Founded in Nigeria and
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