Paylend, a Kenyan FinTech raises $2 Million from Next Chymia Consulting
Paylend, a Kenyan FinTech start up focused on providing access to finance and digitizing micro, small and medium-sized enterprises in Kenya has raised $2 million seed investment from Next Chymia [...]
Wowzi, a Kenyan Startup Secures $3.2 Million from 4DX Ventures
Wowzi, an internet-based Kenyan startup has secured a total of US$3.2 million from investors over the last few months, part of which includes a recently concluded US$2 million seed round [...]Kenya's Apollo Agriculture Secures KSh1.07 Billion Loan from DFC
Nairobi-based agri-tech startup, Apollo Agriculture has secured a KSh1.07 billion loan from the United States International Development Finance Corporation (DFC) for onward lending to smallholder farmers in the country. While [...]
Kenya's Fintech, Kwara Raises $4 Million in Seed Round
Kenyan fintech startup, Kwara, which is helping to turn traditional savings cooperatives into modern digital banks, has raised $4 million in a seed round. Investors who took part in the [...]Twiga Foods Expands to Rift Valley Nyanza
Twiga Foods, which distributes fresh fruits and vegetables to retail vendors, Twiga Foods has expanded its operations to parts of Nyanza and South Rift Valley after raising new capital from international [...]Shamba Pride Closes $1.1 Million Funding Round
Nairobi based Shamba Pride, a one-stop online-to-offline platform that connects smallholder farmers to quality inputs, services, and information through women and youth owned DigiShops powered by technology, has closed a $1.1 [...]Kenyan Fintech Asilimia secures $2 million in Pre-Seed Funding to digitize East Africa's informal economy
Asilimia, a Kenyan Fintech startup building the digital infrastructure for SMEs has secured $2 million in Pre-Seed Funding to deliver new services and expand into new markets in East Africa. [...]Sendy launches a Digital Platform for Online Sellers in Kenya
Sendy, a Kenyan tech-logistics startup, has set up a digital-enabled platform that relieves online sellers of logistics difficulties and their associated costs. A state-of-the-art Fulfillment Center with multiple picking locations [...]South African fintech Jumo raises $120 million for expansion
South African fintech firm JUMO has raised $120million in a round led by Fidelity Management Research Company, LLC with the participation from Visa and London-based investment management firm Kingsway [...]Google Launches 7th Startups Accelerator Programme
Google has announced that it is now taking applications of the seventh Google for Startups accelerator programme, open to technology Startups located in 17 countries including Kenya. Applications for the [...]Kenya's Workpay Expands to Nigeria
WorkPay, a Kenyan startup that provides a cloud-based workforce management system with human resource (HR) and payroll management for small businesses in Africa, has expanded to Nigeria which will act [...]Nigeria's Autochek Secures $13.1 Million Seed Funding
Nigerian automotive technology company Autochek, which facilitates auto financing across Africa, has today secured $13.1 Million in seed funding. The round was co-led by follow-on investors, TLcom Capital and 4DX [...]
