Arcadia Raises $50M in Funding
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Source: finsmes.com
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Proptech Firm Measurabl Closes $93 Million Series D Raise
ESG data management giant to expand further in U.S. and globally.
Source: commercialobserver.com
TechCabal Daily - Airtel Africa's profit dip
In its Q1 2023 financials, Airtel Africa recorded a 5% profit decline. Per the telecom, devaluation of currencies and SIM card de-registration exercises across several countries are to blame.
Source: techcabal.com
Fintech M-KOPA raises $250m to scale high-impact business across Africa
M-KOPA, a leading fintech platform, today announced it successfully closed over $250m in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa. This marks one of the largest combined debt and equity raises in the African tech sector, enabling M-KOPA to continue…
Source: newsghana.com.gh
New capital boosts M-KOPA's Africa-wide expansion plans
Standard Bank Group, M-KOPA's strategic partner, has arranged over $200m in sustainability-linked debt financing.
Source: techcabal.com