Africa | FI SENSE

myfisenseSeptember 3, 2021

Australian buys now, pay later (BNPL) company Zip this week acquired South Africa-based BNPL player Payflex for an undisclosed amount. It’s a piece of news that once again highlights the hype around BNPL services and the quest for global dominance among the leading players. This year we have covered BNPL services from the likes of Afterpay, Klarna, and […]

myfisenseAugust 20, 2021

Alerzo, a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. The company is announcing a $10.5 million Series A round led by London-based Nosara Capital. FJ Labs and several family offices from the U.S., Europe and Asia, including Michael Novogratz’s, participated in the round. In total, Alerzo has raised more than $20 million since […]

myfisenseAugust 17, 2021

Less than a year after its $3 million seed round, San Francisco- and Africa-based fintech Pngme has snapped up another $15 million for its financial data infrastructure play. The company is also describing itself as a machine learning-as-a-service platform. Octopus Ventures led the Series A round, with follow-on investment from Lateral Capital, EchoVC and Raptor […]

myfisenseAugust 9, 2021

Moove, an African mobility company with a fintech play, wants to change that and is raising $23 million in Series A to scale rapidly across the continent. Africa is home to more than a billion people where a majority have limited or no access to vehicle financing. In fact, the continent has the lowest per […]

myfisenseJuly 1, 2021

The Chartered Global Investment Analysts Institute (CGIA), is an online and membership-based professional body of finance and investment professionals, setting global standards for ethical investment practices for the finance and investment management industry. The Institute provides the Chartered Global Investment Analyst (CGIA®) designation as well as hosts some of the industry-leading events. Women in Finance […]

myfisenseJune 4, 2021

CGIA Institute and its affiliate network in Ghana has announced the date for hosting their annual 2nd Women in Finance & Investment Summit (WIFIS 2021), the leading platform to inspire the next generation for diversity and inclusive conversations and partnerships in the finance & investment management industry. This year’s Summit will be held at the […]

myfisenseMay 31, 2021

Chipper Cash, a three-year-old startup that facilitates cross-border payment across Africa, has closed a $100 million Series C round to introduce more products and grow its team. It hasn’t been too long ago since Chipper Cash was last in the news. In November 2020, the African cross-border fintech startup raised $30 million Series B led by Ribbit Capital […]

myfisenseMay 26, 2021

Investments in African startups seem to be soaring at a healthy pace ever since reports started keeping count in 2015. That year, publications Disrupt Africa and Partech released independently researched and contrasting figures showing that venture capital investments hit $186 million and $277 million, respectively. Those are ridiculously low figures for a continent when you consider that four-year-old Snapchat raised more than […]

myfisenseMay 21, 2021

Ghanaian-owned brokerage firm, Obsidian Achernar, has been licensed by the Bank of Ghana as one of the Primary Dealers (PDs) of government bonds for the country. Obsidian Achernar was commissioned by the central bank, along with 17 other reputable financial institutions including Absa Bank, Stanbic Bank and Standard Chartered Bank. Their appointment follows an invitation by […]

myfisenseMay 5, 2021

Lami Technologies, a startup out of Kenya armed with $1.8 million in seed money. The round was led by Accion Venture Lab, a seed-stage investment firm that supports financial services targeted at underserved markets. Other VCs that participated include AAIC, Consonance, P1 Ventures, Acuity Ventures, The Continent Venture Partners and Future Africa. Low insurance uptake in Africa is […]

Category: Africa

Zip acquisition of Payflex means Africa is ripe for BNPL disruption

Alerzo raises US$10.5M Series A

African fintech Pngme raises US$15M for its financial data infrastructure platform

Moove closes $23M to create flexible options for drivers in Africa

CGIA awards scholarship to members of Women in Finance and Investment Network

2nd Women in Finance & Investment Summit to be held in Accra on December 11, 2021

Chipper Cash raises US$100M Series C led by SVB Capital

VC investment in Africa predicted to reach a record high this year

BoG licenses Obsidian Achernar as primary dealers in government bonds

Kenya’s Lami raises US$1.8M to scale API insurance platform across Africa

Singapore real estate major CapitaLand Investment rises in SGX debut

FloBiz raises $31 million to scale its neobank for small businesses in India

Flippa raises $11M to match online asset and business buyers, sellers

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