Digital micro-lending in Africa still faces challenges despite the amount of capital available and exit opportunities in the financial sector.
Compared to a lot of African governments, South Africa isn’t doing too bad as far as government-backed funding for tech businesses is concerned.
The money will be used to expand into more regions in SA
Fintech for the win
This funding round brings the total money raised by Zipline to over $40 million
Agritech startups, TroTro Tractor and Ghalani get $100,000 funding.