Earlier this week, Kuda Bank announced that it has raised $10m in a seed round. It was touted to be the largest African Fintech seed round by Target Global its lead investor. Well, that’s if you don’t count Palm pay, which raised a $40m seed round around this same time last year. With that out […]
Venture funding in the first quarter of the year was not terrible for African startups. Considering the ravaging impact of the coronavirus on the world, it would have been sensible to expect a bad outing for the continent’s tech economy. But performance between January and March 2020 mirrors what we had in the first quarter […]
Jiji, the Nigeria-based classifieds listing company, has raised $21 million Series C funding from six investors. The round was led by Knuru Capital, an Abu Dhabi-based venture capital fund that focuses on late-stage companies. Founded in 2014 by Ukrainians Anton Wolyansky and Vladimir Mnogoletniy, Jiji is one of the biggest classifieds listing company in Africa. […]
