In today’s FinTech news, Block, formerly known as Square, wants people to stop thinking of them as a payments-only company and will now be emphasizing its music streaming and cryptocurrency divisions. Plus, gamblers using Hard Rock Sportsbook can now move money back and forth in...
In today’s top Europe, Middle East and Africa (EMEA) news, the United Kingdom’s Payment System Regulator (PSR) gets ready to roll out new rules targeting authorized push payment (APP) fraud. Plus, Dubai-based FinTech Pemo lands $12 million in seed funding, African health startup CarePoint raises...
Enterprise software startup Bamba secured $3.2 million in a seed funding round led by 468 Capital with participation from Presight Ventures, Jigsaw VC and angel investors Mato Peric, Leonard Stiegeler, Laurin Hainy and Thomas Stafford. The startup is based in Nairobi, Kenya and builds mobile-first enterprise software...
June 29, 2022
Despite high mobile penetration across Africa, cash remains a preferred payment method for everyday transactions, with an estimated 95% of transactions in Nigeria, one of Africa’s biggest economies, being cash-based. For merchants receiving these cash payments, the lack of a digital collection system can make it challenging to properly track their income and expenses or […]
May 18, 2022
Enterprise software startup Bamba secured $3.2 million in a seed funding round led by 468 Capital with participation from Presight Ventures, Jigsaw VC and angel investors Mato Peric, Leonard Stiegeler, Laurin Hainy and Thomas Stafford. The startup is based in Nairobi, Kenya and builds mobile-first enterprise software for micro-merchants in Africa. Founded in 2022 by CEO Bastian […]
