How Moni Africa leverages social trust to finance mobile money agents
Founded by Femi Iromini and Dapo Sobayo, Moni Africa offers low-interest loans to communities of mobile money agents through referrals and trust vetting.
Source: techcabal.com
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Nigeria's ThankUCash, A Loyalty Rewards Startup Raises $5.3m
ThankUCash, a startup founded in 2018 has made waves after closing a funding round of $5.3 million. Other startups that have made the news
Source: techbooky.com
US investors revisit Africa, helping startups cap record year
Investors are betting on African startups.
Source: moneyweb.co.za
U.S. Investors Revisit Africa, Helping Startups Cap Record Year
(Bloomberg) -- Africa’s technology startups raised a record $5 billion this year as U.S. investors piled into companies that are helping the continent’s tech-savvy and young population conduct financial transactions.
Source: bloombergquint.com
Americans invested a record R80bn in African tech start-ups in 2021
Nearly two-thirds of the top 20 largest disclosed deals involved investors from the US Companies including Endeavor Catalyst and Ribbit Capital that took part in at least three deals each.
Source: news24.com