Rensource, Nigeria Solar Startup, Raises $20 Million
Nigerian solar-power startup, Rensource, has raised $20 million (KSh2 billion) in its Series A round of funding to boost off-grid solar power. Investors who took part in the funding include [...]
Kenya Among Top Nations in 2020 Global Fintech Ranking
Kenya bagged 42nd position in the Global Fintech Ranking by Findexable. The country ranked second in Africa, just a few points behind South Africa which took the leading position. Global [...]4G Capital Secures $4Million Investment as value of loans hit $90 Million
Nairobi headquartered Fintech firm 4G Capital has announced the completion of its second round of fundraising which was secured by a $2m debt facility from Ceniarth LLC, bringing the total [...]Bolt Expands Services to Meru, Embu, and 5 Other Kenyan Towns
Cab-hailing app Bolt has expanded its services to 7 new towns in Kenya in a bid to reach more customers. The company will now serve customers in Embu, Karatina, Meru, Nyeri, [...]Kenya's Digital Startup Mpost Raises $1.9m From Investors
Taz technologies, the brains behind patented innovation Mpost has raised $ 1.9 (KSh193) million in its first round of funding. The company provides postal services through the mobile phone. The [...]San-Francisco Boat Hailing Company Debuts at the Kenyan Coast
US based boat Hailing app GetMyBoat has debuted at the Kenyan Coast, looking to reach Kenyan tourists in the festive season. The 6-year-old company started operations in Kenya this year, [...]Kenya's Micro-Insurtech Startup Turaco Raises $1.2 Million Funding
Kenya's micro-insurtech startup, Turaco, has raised $1.2 million for expansion into new markets and cement position in existing markets. In addition, Turaco will use the funds to pursue partnerships with [...]
RaySecur, Mailroom Security Startup, Raises $3 Million in Seed Funding
Mailroom security startup, RaySecur, has raised a total of $3 million in their first round of seed funding. The investors who participated in the funding include One Way Ventures, Junson [...]Kenya's Farmshine Raises $250,000 Funding
Kenya's Agritech startup, Farmshine, has raised a $250,000 (KSh 25.5 million) funding from US-based impact investor Gray Matters Capital’s gender lens sector-agnostic portfolio – GMC coLABS. According to a statement from Gray [...]Nigeria's Talent Marketplace, Bookings Africa, Launches in Kenya
Bookings Africa, a Nigerian talent marketplace for creatives, has officially launched in Kenya. This comes after Unicorn Group successfully financed the startup's fundraising round. However, Unicorn Group did not disclose [...]Nigerian Credit Startup Migo Raises $20M for Brazil Expansion
Credit startup Migo has raised $20 million in its series B funding round. Brazil-based Valor capital led the investment into the five-year-old fintech. The investment follows an earlier $13 million [...]Asia's FinAccel Raises $90 Million For Expansion
Singapore based Fintech firm FinAccel has raised $90 million (KSh9.2 billion) in its latest series C funding. This comes at a time when the firm is seeking to grow its [...]
