Funding

Naked secures $38 million to advance AI-driven Insurance in South Africa

The latest funding builds on Naked’s success in securing $17 million in a Series B round in February 2023.

Funding

Klasha raises an additional $2 million to expand B2B cross-border payment rails into China

In addition to its expansion efforts, Klasha has obtained an MSB license to operate in the United States, further solidifying its position as a global payment provider.

Funding

Sistema.bio secures $15M to drive global Biogas expansion

Sistema.bio raises $15M to expand its biogas technology globally, enhancing sustainable energy solutions for farmers.

Funding

Egyptian fintech Sahl raises $6 million to expand offerings as a comprehensive financial services provider

Founded in 2020 by Ahmed Othman, Ibrahim Assal, and Abdullah Assal, Sahl is a bill payment platform that enables users to recharge prepaid cards.

Funding

YC-backed Curacel secures $3M seed to expand its insurance offering into North Africa

Nigeria-based insurtech, Curacel has secured a $3 million seed funding to expand its drive insurance experiences across Africa.

Funding

iProcure secures $10.2M Series B to power its East African expansion

Kenyan agritech startup, iProcure has secured a $10.2 million Series B financing in a round led by Investisseurs & Partenaires.

Funding

Digital health platform, Esaal completes $1.7 million seed round

Esaal will use the new fund to expand across the MENA region, as well as invest in product development, brand development, and talent acquisition.

Funding

Canza Finance secures $3.27 million to empower underserved sub-Saharan Africa SMEs with financial services

Nigeria's Canza Finance has closed a $3.27 million seed round to empower underserved sub-Saharan Africa SMEs with financial services

Funding

MarketForce closes the largest Series A round in East and Central Africa

Retail payment startup, MarketForce has closed a $40 million Series A round led by V8 Capital Partners to scale merchant inventory financing through a BNPL offering

Funding

TLcom secures first round of its $150 million fund to back 20 African startups

TLcom has announced a first close of $70 million for its $150 million Africa focused tech fund to invest in 20 early-stage startups on the continent.

Funding

Planet42 secures $30 million, to expand car inventory in South Africa and Mexico

Planet42, a South Africa-based car subscription company has raised a $30 million equity round, to expand its car inventory in South Africa and Mexico.

Funding

Busha raises $4.2 million in a seed round led by Jump Capital

Funding to empower Busha to do more faster, improve security, and take a definitive leadership position in the emerging crypto industry.

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