The potential to bring electronic payments to the continent of Africa, home to 1.2 billion unbanked and underbanked individuals, has been enough to lure FinTech investment from investors across the globe, to the tune of hundreds of millions of dollars this year alone. OPay To...
Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. This week alone saw two examples of those concerns in action:...
April 28, 2020
Two African startups backed by Goldman Sachs — the eCommerce platform Jumia and the B2B AgTech startup Twiga Foods — have teamed for produce delivery in Kenya. Nigeria-based Jumia will pickup Kenya-based Twiga’s fresh produce and make contactless delivery in the region. Payments will be made using Jumia’s JumiaPay app, Jumia Kenya CEO Sam Chappatte […]
