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South African challenger bank TymeBank raises $77.8M from Norrsken22 and Blue Earth Capital
TechCrunch· 1 year agoTymeBank expects to close its Series C round later this year, it said in a statement. Tencent, the...
Despite glimmers of profit, most African neobanks remain in the red
TechCrunch· 4 months agoIt was only just over a year ago that McKinsey described Africa’s financial technology landscape as...
TymeBank South Africa Sees Unicorn Status in Next Fundraising
Bloomberg via Yahoo Finance· 5 months ago(Bloomberg) -- Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe,...
Low on cash, African tech braces for an extended wave of startup closures
Semafor via Yahoo News· 7 months agoThe News LAGOS — The ongoing struggle by some African startups to sustain operations in the wake of...
South African digital lender Lulalend to launch banking product off the back of $35M Series B
TechCrunch· 1 year agoIn most African countries, access to credit remains limited for many small businesses, with the...
Consumer finance app Djamo eyes Francophone Africa expansion, backed by new $14M round
TechCrunch· 2 years agoLast February, Djamo announced that it got accepted into Y Combinator, the first from Ivory Coast....
African credit-led fintech Finclusion raises additional capital amidst rebrand
TechCrunch· 2 years agoAfrican credit-led neobank Finclusion Group has raised an additional $2 million in equity financing...
The 10 most active PE investors in South Africa
Pitchbook via Yahoo Finance· 1 year agoBlack-owned African Rainbow Capital has topped a list of the most active private equity investors in South Africa as the Black Economic Empowerment (BEE) policy put in place by the government ...
Norrsken22’s debut fund closes at $205M to back growth-stage startups in Africa
TechCrunch· 7 months agoIt’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture...
Why Africa had no unicorns last year despite record fundraising haul
TechCrunch ExtraCrunch· 1 year agoThe African tech scene was met with fanfare in 2021: Venture capital investments in the region...
