Ripple takes equity stake in Flutterwave at $3.3 billion valuation
Ripple has taken an equity stake in Flutterwave as part of a Series E funding round that values the African payments company at $3.3 billion.
African fintech
Nigerian businesswoman Kofo Akinkugbe's SecureID opens East Africa's first smart card factory, commits $20 million to expansion
SecureID Kenya founder Kofo Akinkugbe has opened East Africa's first smart card factory in Nairobi, pledging $20 million and 400 jobs as operations scale.
Patrice Motsepe's GoTyme Bank exits Pick n Pay kiosks, bets on mall hubs instead
Patrice Motsepe's GoTyme Bank is exiting Pick n Pay kiosks and replacing them with dedicated mall-based Consumer Hubs across South Africa.
Nigerian entrepreneur Tosin Eniolorunda's Moniepoint acquires Orda to expand into Africa's food service market
Tosin Eniolorunda's Moniepoint has acquired Orda Africa to expand into food services, integrating restaurant software with payments and credit tools.
Meet Jesse Ghansah, Ghanaian entrepreneur who raised $17 million for his startup in 2022
Ghansah launched Float in 2020 to address African SMEs’ financing and cashflow issues.
Meet Ugandan-based entrepreneur who secured $30 million in funding for his startup this year
Prior to founding Asaak, Sattar worked as a data scientist at LendingHome.