Africa | FI SENSE

myfisenseFebruary 23, 2021

TymeBank, a South African digital bank, announced t that it has secured an R1.6 billion (~$109 million) investment from new investors in the UK and Philippines. The company made this known via a statement. This investment will be used to bolster TymeBank’s growth and drive its commercial expansion across the country. However, this investment will […]

myfisenseFebruary 15, 2021

The CGIA Institute, a global body of Finance and Investment Professionals has today, February 15, 2021 announced the introduction of new scholarship schemes for its global members. For the first time in the history of the Institute, it’s introducing four different scholarship schemes available and accessible to all its members globally. According to the Institute, […]

myfisenseFebruary 12, 2021

Knife Capital, a South African venture capital firm, is raising a $50 million fund for startups looking to raise Series B financing. With Knife Fund III called the African Series B Expansion Fund, the firm seeks to directly invest in the aggressive expansion of South African breakout companies. It also plans to co-invest in companies […]

myfisenseFebruary 11, 2021

Today, the Africa-focused but U.S.-based unified financial data platform announced its seed round of $3 million. The investment, led by Radical Ventures, Raptor Group, Lateral Capital and EchoVC was closed in Q3 2020 and came after the fintech startup raised $500,000 in pre-seed two years ago. It further reflects the continued customer growth from banks, fintechs, credit bureaus and microfinance banks in Ghana, Kenya […]

myfisenseFebruary 2, 2021

The COVID – 19 pandemics has put the world in an as severe recession as the Financial Crisis of 2008. Astoundingly, household wealth has shown resistance to the ill effects of this pandemic. A report from Credit Suisse analyses who suffered the most during the COVID-19 crisis. The report states that “The pandemic’s consequences for […]

myfisenseJanuary 28, 2021

Cowrywise, a Nigerian fintech startup that offers digital wealth management and financial planning solutions, has raised $3 million in pre-Series A funding. Quona Capital led the round as Tsadik Foundation, Gumroad CEO Sahil Lavingia, and a syndicate of Nigerian angel investors locally and in the diaspora participated. The company previously raised more than $500,000 through a combination of equity financing and […]

myfisenseJanuary 27, 2021

In 2019, female-led companies received less than 5 percent of the global venture capital. Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade. There are many stats to back up the underrepresentation of women in starting a company, raising money and general involvement in technology where […]

myfisenseJanuary 25, 2021

The Voice is a venerable publication that focuses on bringing intelligent views of finance professionals from all over the world to your doorstep every month. If you want to stay on top of professionals insights, as well as getting solid, long-term acumen that can inspire your professional journey and accelerate your personal growth, reading The […]

myfisenseJanuary 20, 2021

TransUnionn Africa shares its pleased to announce the appointment of Sharon Naidoo as its new CFO. She will take up the new position in February 2021. According to a statement by TransUnion Africa, Sharon will lead and oversee the finance and accounting across the TransUnion Africa businesses, and will partner with the executive team to drive the company’s ambitious […]

myfisenseJanuary 15, 2021

SPE Capital Partners (“SPE Capital”) today announced the final close of SPE AIF I, an Africa-focused private equity fund. SPE AIF I was oversubscribed and closed at USD 258m, well above its initial hard cap of USD 200m. SPE AIF I was launched in 2019 to invest in companies across Africa, with a particular focus […]

Category: Africa

South African TymeBank lands US$109M funding

CGIA Institute launches new scholarship schemes for its members.

Knife Capital raises US$50M fund to invest in 10-12 Series B rounds

Pngme closes US$3M seed

COVID – 19: Who suffered the most?

Nigeria’s Cowrywise raises $US3M pre-Series A

FirstCheck Africa to back ‘ridiculously early’ female-led African startups

The Voice features CFO Antony Ackim in it’s latest release

TransUnion Africa welcomes Sharon Naidoo as new CFO

SPE Capital Holds Final Close of SPE AIF I

Prelude Growth Partners closes second fund at US$250M Hard Cap

Newsela raises US$100M in a Series D round

Bessemer Venture Partners closes US$3.3B across two funds

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