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Chipper Cash is now a Unicorn with $150 million extension round led by FTX

Chipper Cash has earned the highly coveted unicorn badge after FTX led a $150 million extension round for the African cross-border payments company.

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Jise raises $100,000 angel funding, commences food delivery in Lagos

Nigeria’s first food-only delivery platform, Jise has raised $100,000 angel investment from notable investors including, Backroom Capital — Nigeria, Winston Capital — Ireland, Jonny Enagwolor, Co-Founder Treepz Inc amongst others.

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Payday becomes the first Rwandan company to join Techstars Toronto Accelerator

Payday becomes the first Rwandan company in history to join the prestigious 3-months Accelerator program that provides entrepreneurs with invaluable skills, resources, and connections to a large pool of global talent and investors.

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AVPA and Investor Flow to promote impact investments in Africa

Pan-African network for social investors, African Venture Philanthropy Alliance (AVPA) and Investor Flow announced a strategic partnership to further promote impact investing across Africa.

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Klasha launches in Ghana to facilitate cross border payments and e-commerce

Klasha, a startup that simplifies borderless payments for commerce in Africa is now in Ghana

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OurPass is Redefining Online Commerce with its Checkout solution

Ourpass app is created to enhance and improve the success rates of online business sales in Africa's digital marketplace.

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Andela is now a Unicorn with $200 million in Series E led by Softbank

After closing this Series E round led by Softbank, Chan Zuckerberg Initiative and other investors, Andela is now valued at $1.5 billion.

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TechAdvance is now Bloc

TechAdvance has rebranded to Bloc to offer a more personalized experience to its clients.

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Qala Fellowship to train the next generation of African Bitcoin developers

Qala Fellowship has received a 0.5BTC grant from the New York-based Human Rights Foundation (HRF) to train Bitcoin developers in Africa.

Fintech

Shecluded: A Gender-based Fintech that keeps on giving

Shecluded plans to change the lives of a lot of women by ensuring more female-led MSMEs grow to large organizations in the future.

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Releaf secures $4.2 million to scale Nigeria’s oil palm sector

Releaf has secured $4.2 million in seed funding and grants to drive the industrialization of food processing for Africa which will also enable Nigeria’s Oil Palm sector

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TechAdvance unveils Bloc — a faster way to build fintech products

TechAdvance has announced the release of its product, Bloc—a proprietary suite of APIs capable of helping anyone launch a FinTech product in far less time than it usually takes.

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