US-headquartered Egyptian fintech startup MoneyHash has raised funding from GitHub co-founder, Tom Preston-Werner, as part of an undisclosed seed financing round soon-to-be-announced… Read More
Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Program, which aims to assist founders in scaling their businesses. Run by 500 Globa… Read More
Flash, Egypt’s new cashless payments' app, has completed a $6 million seed round led by Addition with participation from Flourish Ventures and other strategic angel investors.This fund… Read More
Pan-African venture capital firm P1 Ventures has reached the first close of its second fund at $25 million. The venture capital firm secured this capital from some of Africa’s largest… Read More
In a significant stride towards transforming healthcare supply chains across the African continent, Investing In Innovation Africa (i3) has announced its second cohort of 29 startups. i3, a… Read More
Driving financial inclusion through digital payment methods is one of the top priorities for the governments of Africa’s largest tech ecosystems, where cash is still king. Several i… Read More
‘Rome wasn’t built in a day, and neither is an entrepreneurial ecosystem. You’re about to explore how the MENA region’s rich heritage can be harnessed to foster grow… Read More
new up and coming technology :: Article Creator3 Up-and-Coming AI Chip Stocks To Put On Your Must-Buy List InvestorPlace - Stock Market News, Stock Advice & Tra… Read More
At the end of July, African startups jointly raised $121.9 million across 17 disclosed deals, according to BD Funding Tracker. This is a 48.9% YoY decrease from the amount that was raised on… Read More
Over the weekend we sent a letter talking about how African startups like Yassir and Klasha are taking advantage of the new football season. If you missed the mail, you can read it here. In… Read More
Welcome to The Interchange! If you want this in your inbox, sign up here. It was an event-filled week in the fintech world, what with FedNow launching, the former CEO of fintech Bolt —… Read More
According to Bloomberg, Plug and Play Tech Center, an investor based in Silicon Valley known for its early investments in successful companies like Dropbox and PayPal, is planning to raise $… Read More
The past six quarters has been the scariest for Africa's tech ecosystem as it ushered in what is referred to as the massive correction in venture capital activity. This correction began in t… Read More
Amazon Web Services (AWS), the cloud computing arm of the global e-commerce company, Amazon, has selected 25 African fintech startups for the inaugural AWS FinTech Africa Accelerator cohort… Read More
welcome to the exchange! If you got this in your inbox, thanks for signing up and your vote of confidence. If you are reading this as a post on our site, sign up here so that you can re… Read More
As any industry grows, tech teams start to put their marks on it by creating cutting-edge solutions. And if we are talking about growing, or to be more accurate booming, industries, we have… Read More
Early-stage fintech startups just got a new source of funding
Welcome to The Exchange! If you received it in your inbox, thank you for subscribing and for your vote of confidence. If y… Read More
Egypt-based Camel Ventures has launched an EGP 500 million (USD 16 M) venture capital investment vehicle, dubbed Camel Ventures for Investment I (CVI), focused on financing Egypt’s gro… Read More
Best African FinTechs
The rise of financial technology (fintech) has significantly transformed banking and payment systems worldwide, including in Africa. Fintech enterprises leverage advanc… Read More
RiseUp Summit, the largest entrepreneurial event in the Middle East, is taking place at the Grand Egyptian Museum (GEM). From 16 to 18 March, over 150 startups, 250 speakers from around the… Read More
"Mergers and acquisitions (M&As) will significantly expand as unicorns like Chipper and Flutterwave will buy smaller companies to increase their market share. This will be a great trend… Read More
Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B investment. The round, which the startup expects to top up in the coming months… Read More
It largely stays under the radar that the very first e-hailing company in Egypt was started by a fresh-faced 20-something-year-old who, in her own words, was thought to be crazy.
“I… Read More
In Letter 148, we examine:the latest on Flutterwave's fraud allegations in Kenyahow Meta is preparing for Nigeria's 2023 general electionswhy Kenyan logistics startup, Sendy is ceasing on-gr… Read More
London, United Kingdom – The House of Lords in London hosted a groundbreaking event featuring 24 speakers, all of whom were founders, creators, and stakeholders in the web3, crypto and… Read More