After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that startups in Europe, the Middle East and Africa (EMEA) have clearly felt the chill of...
In today’s FinTech news, it’s all about growth as TabaPay lands SoftBank funding while eyeing different verticals, M-KOPA secures fresh capital for new market expansion and Shift4 buys two companies to pick up unexplored verticals. Meanwhile, Tranglo is now offering Ripple’s on-demand liquidity (ODL) service,...
African FinTech startup M-KOPA raised $75 million in a growth equity round to expand its financial services platform for the underbanked into additional countries beyond its current operations across Kenya, Uganda, Nigeria and Ghana. The fresh capital will also be used to help M-KOPA grow...
It might be difficult to imagine living on less than $6 a day, but that’s the reality of 85% of the population in Saharan Africa. In addition to the economic hardships this creates, people in this category are extremely underserved by financial services, as their...
December 23, 2022
After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that startups in Europe, the Middle East and Africa (EMEA) have clearly felt the chill of a funding winter, despite a relatively robust first half. In […]
February 26, 2018
Most of the world doesn’t think much about flipping on the lights. In fact, one favored metaphor for describing something easy is comparing it to “flipping a switch.” But for 1.1 billion people...
May 15, 2023
M-KOPA has raised $250 million to expand its financial services offering across sub-Saharan Africa. The Kenya-based company will use the new debt and equity funding to continue to grow and to improve financial and digital inclusion for underbanked consumers in the region, M-KOPA said in a Monday (May 15) post on LinkedIn. M-KOPA did not immediately reply to […]
March 01, 2022
African FinTech startup M-KOPA raised $75 million in a growth equity round to expand its financial services platform for the underbanked into additional countries beyond its current operations across Kenya,...
