africa

Paymob is revolutionizing digital payments in the Middle East and North Africa by addressing the gap in online payment methods. Founded by three undergraduates, Paymob has grown into an omnichannel gateway offering over 50 payment methods to more than 350,000 merchants. By cross-selling additional services and partnering with leading platforms, Paymob has achieved rapid growth and profitability. The demand for digital payments is rapidly growing in the UAE, where Paymob's transaction volume has already matched its entire Egyptian business in just 14 months. With significant funding and strategic partnerships, Paymob is poised to lead the digital payment revolution in the region.

Discover Waza, a payment and liquidity platform backed by Y Combinator, aiming to solve Africa's shortage of tech solutions. With million in seed money, Waza targets a trillion market, generating potential revenue of 0 billion. As the cross-border fintech sector grows, Waza processes million in monthly payment volume and offers business payment solutions for multinational organizations, importers, traders, and fintechs. With a strong founding team, Waza plans to expand into new markets and develop innovative banking products. Don't miss out on this rising star in the global payments market.

"Jumia, the African e-commerce giant, raises .6 million through successful share offering, strengthening its balance sheet and accelerating growth. With a growing customer base and solid cash position, Jumia is well-positioned to capitalize on the vast market potential in the region."

Unlock the untapped potential of cross-border payments in emerging markets with Conduit. Discover how this fintech solution is revolutionizing the industry, offering lower costs, faster settlements, and efficient payment processes for businesses in Latin America and Africa. Learn about Conduit's expansion plans, overcoming challenges, and its vision for the future of cross-border payments. Don't miss the opportunity to be part of this global revolution.

Discover how Egyptian fintech unicorn, MNT-Halan, secures 7.5 million in funding to acquire Turkish fintech company, Tam Finans, and expand into the Turkish market. With Tam Finans holding a 40% market share in Turkey and MNT-Halan's focus on providing financial services to underserved populations, this deal creates a combined entity with a loan book of nearly billion. Actera and the European Bank for Reconstruction and Development will become shareholders in MNT-Halan, further strengthening its position in the industry. Learn more about MNT-Halan's ambitious expansion plans and its range of financial products, including prepaid cards, e-wallets, and consumer finance. This funding round solidifies MNT-H

Looking for fast, affordable, and reliable cross-border remittance services? Learn about Pesa, a fintech startup founded by Nigerians in Canada, aiming to revolutionize the global remittance market. With a multi-currency wallet and plans for expansion, Pesa is set to compete with industry leaders. Discover how Pesa aims to improve financial inclusion and remove borders around money.

Unlock the Potential of Africa's Tech Ecosystem with Breega's Million Fund for Early-Stage Startups. Breega, a Paris-based venture capital firm, is expanding its reach to Africa, witnessing the continent's maturation and significant increase in venture capital funding. With a focus on the Big Four African markets and Francophone African markets, Breega aims to invest between 0,000 and million in sectors like fintech, healthtech, proptech, logistics, and edtech. Backed by institutions like Bpifrance and FMO, Breega's founders-for-founders approach and operational expertise set them apart. Don't miss the opportunity to be part of Africa's tech revolution.

Discover the latest update on the planned merger between B2B e-commerce startups Wasoko and MaxAB in Africa. Despite delays caused by due diligence, restructuring, and macroeconomic challenges, this merger is still set to be the largest in African e-commerce. With a reduction in the number of countries served and layoffs, the new entity's ownership stakes are also under review. Both companies are actively seeking additional funding and must adapt their operations to attract investors. Learn how cost-cutting measures and leadership changes will shape the future of the merged company, while high-profile investors and 4DX Ventures oversee the process. Don't miss out on the implications this merger will have on the B2B e-commerce market in Africa.

Elevate: A Fintech Startup from Sudan Helping Freelancers and Remote Workers Protect Their Wealth | Elevate, formerly Bloom, is the first-ever Sudanese startup accepted into Y Combinator. With founders from Amazon, Meta, IBM, and Goldman Sachs, Elevate initially focused on a pan-African neobank to combat inflation and currency devaluation. However, a pivot led them to target freelancers and remote workers, offering US-based USD accounts to facilitate international payments. Now expanding into Egypt, Pakistan, the Philippines, and Bangladesh, Elevate aims to drive down FX rates and provide low-cost transfers. Already serving over 150,000 users, Elevate's resilience and adaptability make it a valuable player in emerging markets.

Looking to understand the advantage of operators turned founders? Learn how founder-market fit plays a crucial role in startup success and why operator venture capitalists have an edge. OpenseedVC is leading the way in Europe and Africa by investing million in experienced operators, providing funding, community support, and backing diverse and female-led startups. Read more to discover the vision behind OpenseedVC's operator-focused approach and their journey from operator to investor.