News
NjiaPay Secures $2.1M Seed Funding to Enhance Payment Reliability and Expand Across Africa
5+ hour, 43+ min ago (325+ words) A South African payment startup in Johannesburg, NjiaPay has raised a sum of $2.1 million in seed funding to increase the functionality of the platform to help businesses manage several payment services through a single system. The round was led by…...
Wider Consulting Commits USD 14.3M to Empower Startups and Drive Entrepreneurship in Egypt and Saudi Arabia
2+ hour, 32+ min ago (245+ words) An Egyptian-Saudi advisory firm, Wider Consulting has officially disclosed the plan to invest USD 14.3 million in Egypt and Saudi Arabia in order to build and enhance entrepreneurship and innovation ecosystems." This innovation is set to focus on building startups, supporting…...
Orca Fraud Secures $2.35M Seed Funding to Scale Real-Time Fraud Detection Across Emerging Markets
8+ hour, 49+ min ago (257+ words) A fintech startup, Orca Fraud has received $2.35 million in seed funding in order to scale its operations across Africa and other emerging markets. This is a firm that specializes in real-time fraud intelligence." The founding round was led by Norrsken22, with…...
Gifty Transforms Everyday Payments in Algeria with Mobile-First Fintech Platform
3+ day, 7+ hour ago (337+ words) Become a member. Enjoy premium content Algerian fintech startup Gifty has decided to make digital payments more accessible with its all-in-one mobile platform in a country where over 90% of transactions are still cash-based. The platform allows users to pay utility…...
Cybervergent Raises $3M to Build Africa's Digital Trust Infrastructure
3+ day, 16+ hour ago (293+ words) As Africa's digital economy accelerates, organizations are struggling to keep pace with the security and compliance demands of operating across fragmented cloud environments, multiple jurisdictions, and complex regulatory frameworks. Annual audits and spreadsheet-based compliance tracking no longer suffice in an…...
Flocash and Quest Launch Prepaid Visa Card to Boost Financial Inclusion in Zimbabwe
4+ day, 6+ hour ago (313+ words) A digital payment platform Flocash, has collaborated with Quest Financial Services to develop a new prepaid Visa Card in Zimbabwe. This innovation is aimed at growing digital payment access as well as improving financial inclusion in the country. The card…...
Zambia Drives Closer to Cashless Economy with Yango–Flutterwave Partnership
1+ week, 5+ day ago (240+ words) Yango, a tech ecosystem designed to offer ride-hailing, public transportation data, deliver, and AI voice assistants amidst other services, has declared a collaboration with African fintech leader Flutterwave to enhance digital payments and accelerate the transition to a cashless economy…...
AmiViz Teams Up with Veracode to Strengthen Application Security Across the Middle East and Africa
1+ week, 5+ day ago (335+ words) A strategic collaboration between AmiViz, a leading cybersecurity and AI'focused value-added distributor in the Middle East alongside Veracode, a global leader in application risk management aims at enhancing its software system across Middle East, East Africa, and Libya, providing organizations…...
FinTech Giant Valu Disrupts Egyptian Lending with Instant "Large-Ticket" Financing
2+ week, 6+ day ago (187+ words) Become a member. Enjoy premium content Beyond the credit engine, Valu is doubling down on its "super-app" strategy by integrating the entire consumer journey into a single interface. The update introduces several key user-experience enhancements: This rollout arrives as rising…...
UAE Fresh Commerce Startup QuicKart Secures $1.5M to Shorten Farm-to-Fork Timeline
3+ week, 2+ day ago (257+ words) As the United Arab Emirates pivots toward food security and supply chain localization, QuicKart, a specialized fresh-commerce platform, has raised $1.5 million in seed funding to scale its direct farm-to-home operations aggressively. The funding round, led by Orbit Ventures with support…...