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Africa’s “fastest-growing fintech” Moniepoint secures $110m Series C funding

Funding Round: Moniepoint raised $110 million in a Series C round led by ADP III, with participation from Lightrock, Google’s Africa Investment Fund,...

ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt

Authologic Raises $8.2 Million in Series ALocation: Poland Funding: $8.2 million Series A Led by: OpenOcean, with support from YCombinator, Peak Capital, and...

ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more

Layer2 Financial:Funding: $10.7 million Series A. Investors: Led by Galaxy Ventures, with participation from Accomplice. Purpose: To drive market expansion, product development,...

Kenya’s Diamond Trust Bank taps Network International for digital payment solutions

Summary of Diamond Trust Bank (DTB) and Network International Partnership Entities: Diamond Trust Bank (DTB, Kenya) and Network International (digital payments company serving MEA region) Key...

Egypt’s MNT-Halan raises $157.5 million, plots regional expansion

Key Points:Funding Sources:International Finance Corporation (IFC): $40 million Other Investors: Development Partners International (DPI), Lorax Capital Partners, funds managed by Apis Partners...

Nala bags $40m Series A to scale remittance services

Nala Secures $40 Million Series A Funding: Key PointsFunding Details:UK-based remittance fintech Nala raised $40 million in a Series A funding round. ...

South African fintech Lesaka snaps up Adumo in $86m deal

Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South Africa-based paytech Adumo. The deal...

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