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Novelda Secures $15M in Growth Funding

Novelda, an Oslo, Norway-based developer and supplier of adaptive smart sensors, closed a USD15m funding round. The round was led by Investinor, with participation...

African Payments Startup Paystack Raises $8M Series A

Paystack, a Lagos, Nigeria-based payments company, raised $8m in Series A funding. The round, which brought total investment to date to more than $10m,...

Green Africa Airways Completes Undisclosed Series A Financing Round

Green Africa Airways, a Lagos, Nigeria-based airline company, completed a Series A financing round of undisclosed amount. Kuramo Capital, a Pan African independent investment...

Cellulant Raises $47.5M in Series C Funding

Cellulant, a Nairobi & Lagos–based digital payments provider, raised $47.5M in Series C funding. The round was led by TPG Growth’s The Rise Fund,...

TradeDepot Raises $3M in Series A Funding

TradeDepot, an innovative SaaS platform for FMCG distribution in Africa, raised $3m in Series A funding. Partech’s recently launched Africa Fund led the round. The...

Branch International Raises $70M in Series B Funding

Branch International, a San Francisco, CA-based mobile branchless bank for emerging markets, raised $70m in Series B debt and equity funding. The round - which...

Farmcrowdy Raises $1M in Seed Funding

Farmcrowdy, a Lagos, Nigeria-based digital agriculture platform, secured $1m in seed funding. Backers included Cox Enterprises, Techstars Ventures, Social Capital, Hallett Capital and Right-Side...

Blockchain Payments Platform for Africa BitPesa Raises New Funding

BitPesa, a blockchain payments platform for Africa, raised a new funding as a follow-up to its Series A round. The round was led by Greycroft...

Tizeti Closes $2.1M Seed Funding Round

Tizeti, a Menlo Park, CA and Lagos, Nigeria based broadband internet startup, closed a $2.1m seed funding. Backers included international investors Western Technology Investment, Social...

Tizeti Raises Venture Capital Funding from Zeno Ventures

Tizeti Inc., a Menlo Park, CA and Lagos, Nigeria based broadband internet startup, raised a venture capital funding round from Zeno Ventures. The amount of...

Lidya Raises $1.25M in Funding

Lidya, a fintech platform based in Nigeria, closed a US$1.25m seed funding round. The round was led by Accion Venture Lab, with participation from...

Interswitch Receives Minority Equity Investment from TA Associates

Interswitch, an Africa-focused integrated digital payments and commerce company, received a minority equity investment from TA Associates. The financial terms of the transaction were...

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