Satoshi Nakamoto Blog

Category : kenya

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Kenyan logistics startup Sendy raises $20M round backed by Toyota

satoshi
Africa’s logistics startup space has gained another multi-million dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects clients to...
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Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in

satoshi
Internet services company Opera has come under a short-sell assault based on allegations of predatory lending practices by its fintech products in Africa. Hindenburg Research...
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Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion

satoshi
Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The...
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African fintech firm Flutterwave raises $35M, partners with Worldpay

satoshi
San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With...
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Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups

satoshi
The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia,...
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2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

satoshi
2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey),...
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Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

satoshi
November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in...
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Africa Roundup: Goldman leads $30M Twiga raise, China grows tech influence, Jumia weathers lockup-expiry

satoshi
Kenya’s Twiga Foods raised a total of $30 million in October from lenders and investors led by Goldman Sachs. This adds to the list of...
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Naspers Foundry is open for South African startup pitches, CEO says

satoshi
Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches, after making its first investment...