Kenyan fintech powerhouse, Lipa Later Group, has successfully raised $5 million in a private debt issuance, marking a significant milestone in its financial journey. However, the company’s ambitious expansion plans…
Startups need funding to grow at a speed that they want. This funding usually comes in the form of venture capital which is raised from VC firms, angel investors and…
In a significant development for the African fintech sector, Lipa Later, a leading fintech platform, launched a global crowdfunding campaign after securing regulatory greenlight in the USA. The company aims…
When Abraham Banaddawa was studying medicine in the USA, he realised he wasn’t going to change much in the world. This realisation made him change courses to Business Administration where…
Uganda has been a hotbed for cryptocurrency scams, largely due to the legal ambiguity surrounding the use of digital currencies. The country has had its fair share of crypto scams,…
Safaricom Ethiopia has announced the appointment of Wim Vanhelleputte as its new Chief Executive Officer, effective from September 1st, 2023. Vanhelleputte, the former CEO of MTN Uganda, will succeed Anwar…
Asaak, a trailblazing fintech firm from Uganda, has reached a significant milestone with its acquisition of FlexClub Mexico, extending its operations across two continents. Details of the transaction were not…
In the world of tech startups, the TechCrunch Startup Battlefield 200 is a prestigious platform that offers a golden opportunity for early-stage companies to showcase their innovative solutions. This year,…
In a dramatic turn of events, Chipper Cash, a leading fintech startup in Africa, has seen its valuation plummet by over 70%, from a staggering $2.2 billion to a mere…
In the e-commerce sector, the ability to improve operational efficiency and achieve profitability is the pulse that beats within every organization’s heart. But for most e-commerce startups, including Jumia, it…
