Verdant Capital is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has made its first investment, in Watu Credit Uganda Limited (“Watu”). The investment of USD 7
Day: September 6, 2023
Moroccan B2B e-commerce Startup Chari.ma Raises Funding, Acquires Mobile Credit PlatformMoroccan B2B e-commerce Startup Chari.ma Raises Funding, Acquires Mobile Credit Platform
Chari.ma, a B2B e-commerce app allowing traditional proximity store owners in Morocco to order products and have them delivered, has closed a round of funding and announced the acquisition of
Nigerian Lendtech Startup Raises $8.3M to Scale Lending OperationsNigerian Lendtech Startup Raises $8.3M to Scale Lending Operations
Nigerian fintech and lending startup Lidya today announced that it has completed its $8.3 million pre-Series B funding round. Alitheia Capital led the investment via its uMunthu Fund. Other investors
Tiger Global Leads $42M Series B in Nigerian Credit-led Neobank FairMoneyTiger Global Leads $42M Series B in Nigerian Credit-led Neobank FairMoney
Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There
Digital Mortage Lender Accept.inc Raises $90 Million in Debt and EquityDigital Mortage Lender Accept.inc Raises $90 Million in Debt and Equity
Accept.inc, a pioneering fintech mortgage lender bringing all cash offers to residential real estate, today announced it has raised $90 million in debt and equity, with lead participation from Signal
Investing is too complicated for SA’s small investors – what to do?Investing is too complicated for SA’s small investors – what to do?
South Africans do not have a good reputation when it comes to saving. Those who do save and want to invest face a number of obstacles – they earn little
Open Trading: Seven of the World’s Leading Banks Launch OctuaraOpen Trading: Seven of the World’s Leading Banks Launch Octuara
Citi and Bank of America, joined by Credit Suisse, Goldman Sachs, J.P. Morgan, Morgan Stanley, Wells Fargo, and Moody’s Analytics, have launched an independent company, Octaura, whose goal is to
Nigerian Startup Launches Crypto Investment Robo-advisorNigerian Startup Launches Crypto Investment Robo-advisor
Nigerian startup ComiBlock has launched a goal-based investing crypto robo-advisor, giving anyone with a smartphone access to planning tools, advice, curated and thematic crypto-portfolios. Launched in February, ComiBlock uses technology
How Crypto Can Help Nigeria’s EconomyHow Crypto Can Help Nigeria’s Economy
Nigeria – Africa’s leading crude oil exporter and largest, most populous country – has about 40% of its population living below poverty levels. The COVID-19 pandemic caused falls in the
Weownomy Adopts Bitcoin Cash ABC, newly Rebranded as eCash CoinWeownomy Adopts Bitcoin Cash ABC, newly Rebranded as eCash Coin
Weownomy is investing $3 Million in BITCOIN ABC as newly rebranded eCash XEC coins, to be issued, to 30,000 Weownomy co-owner The world is currently in the midst of a