Remedial Health secures $4.4M seed to provide credit for neighbourhood pharmacies in Nigeria

Remedial Health has raised $4.4 million in seed funding to accelerate its expansion across Nigeria and to provide access to credit for neighbourhood pharmacies.

Yellow Card lands $40M Series B to drive crypto adoption in Africa

Pan-African Crypto Exchange Yellow Card has secured $40M in a Series B round led by Polychain Capital.

Only 10 digital credit providers are licensed in Kenya — CBK

The Central Bank of Kenya has licensed only 10 digital credit providers in the country.

BD Insider, Letter 129: Uber was hacked!

What does the Uber hack mean for you?

Stax receives $500,000 from SDF Fund to enable borderless payment in Africa

The Stellar Development Foundation (SDF) has invested $500,000 in Stax, a universal money app developed by Hover Developer Services, Inc via its Matching Fund.

mPharma acquires majority stake in Nigeria’s HealthPlus

mPharma has acquired the majority stake in HealthPlus, the leading pharmacy chain in Nigeria. mPharma announced today (September 15, 2022) that it signed an agreement with HealthPlus' former investor, Alta Semper to enable the acquisition.

Kenyan Turaco secures $10M funding to keep driving massive insurance adoption

Turaco's $10 million fundraise put the startup in a strong position to continue to power innovation in Africa's inclusive insurance

LatAm fintech unicorn Ebanx expands into Africa’s payment market

EBANX, a global payments fintech company founded in Latin America is expanding its operations and payments solutions outside Latin America for the first time.

Interswitch kicks off 20th anniversary, launches #NeverStop brand campaign

Interswitch is a leading player with critical mass across Africa’s developing financial ecosystem and is active across the payments value chain.

After obtaining a super agent licence, Kippa has raised an $8.4 million seed

After obtaining a super agent licence from the Central Bank of Nigeria, Kippa has raised an $8.4 million seed to enable SMEs with financial management tools.

BD Insider, Letter 128

Interswitch, ProvidusBank and others team up to enable contactless Tap-to-Pay transactions in Nigeria.

How Kippa’s Super Agent licence will enable Nigerian SMEs

The Central Bank of Nigeria (CBN) has issued Kippa, a financial management and payments platform, a Payment Solutions Services Licence to operate as a Super-Agent in the country.