Global visual content creator and marketplace, Getty Images and Candy Digital, the next generation digital collectible company have announced a new multi-year partnership agreement that makes Candy Digital the exclusive developer and marketplace for Getty Images NFTs. This is Candy Digital’s inaugural arts and culture partnership, marking an exciting expansion…
Author: Oluwasegun Olukotun
Pan African fintech app, Bamba has raised $3.2 million in a seed funding round led by Venture capital firm 468 Capital. Other investors who participated in the funding round include Presight Ventures, Jigsaw VC, and angels Mato Peric, Leonard Stiegeler, Laurin Hainy, and Thomas Stafford. Founded in 2022 by serial…
Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021 by Sherif Baroudy, Doxx aims to digitise the healthcare supply chain by connecting medical professionals and healthcare providers including pharmacies, labs, and insurance companies on one platform. The startup…
Egypt-founded and US-based bug reporting platform Instabug announced it has raised $46 million Series B funding round, led by Insight Partners with participation from existing investor Accel, as well as new investors Forgepoint Capital and Endeavor. The company raised $5 US$5 million in a Series A round led by Accel…
Payment giant Mastercard has unleashed a new era of biometric payments which will allow consumers to pay with a smile or wave of the hand. What this translates to is that customers do not necessarily have to bother about fumbling for their phones or searching desperately for their wallets when…
Google has updated its policies to enable people to request the removal of sensitive, personally-identifiable information — including contact information, like a phone number, email address, or home address — from Search. When you’re searching on Google and find results about you that contain your phone number, home address, or…
Zoom has reached a definitive agreement to acquire Solvvy, a leading conversational AI and automation platform for customer support. The acquisition will enable Zoom and Solvvy to jointly enhance customer service experiences to a global enterprise base and work quickly to capitalize on new opportunities in contact center and customer…
The Africa Finance Corporation (AFC) has launched a US$2billion facility to support bank-driven economic recovery in Africa, and the resilience of African economies in the wake of global crises including the COVID-19 pandemic and more recently the Russia-Ukraine conflict. This announcement was made today at the AFC Live infrastructure Solutions…
Blockchain data platform, Chainalysis, today announced a $170 million Series F financing led by GIC, Singapore’s sovereign wealth fund, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon and Emergence Capital also participated.…
Egypt-based e-commerce, Teegara, has raised an undisclosed bridge round, led by Alexandria Angel Network with the participation of investors from Saudi Arabia, Egypt, and Jordan. Founded in 2019 by Ahmad Kayyali and Nader Ibrahim alongside the first investor Ahmed Samir, the B2B marketplace provides merchants with household and FMCG products…
Africa’s payment company, Interswitch, has raised $110 million in investment from LeapFrog Investments and Tana Africa Capital according to Techcrunch. The investment will further support Interswitch’s plans to expand the digital payments ecosystem across sub-Saharan Africa. A portion of the investment has been acquired from existing shareholders, with Ignite Holdco…
Leading global crypto exchange, KuCoin, has raised $150 million in a pre-Series B funding round, bringing its valuation to $10 billion. The round, led by Jump Crypto, saw the participation of multiple investment funds, including Circle Ventures, IDG Capital, and Matrix Partners. The new influx of capital will allow KuCoin…
Jambo, a Congo-based startup building a Web 3 user acquisition platform has raised $30 million Series A funding round led by Paradigm, marking the crypto native investing giant’s first investment in Africa. Additional participation in the round comes from ParaFi Capital, Pantera Capital, Delphi Ventures, Kingsway Capital, Gemini Frontier Fund,…
Africa’s leading recruitment marketplaces have announced their new identity, coming together and rebranding as The African Talent Company under the leadership of Hilda Kabushenga Kragha. Backed by its shareholders Swiss Ringier AG and Australian SEEK Ltd., the company has now significantly expanded its mandate to bridge the talent gap in…
Liquid Intelligent Technologies (Liquid), a pan-African technology group, today announced that it has entered into a definitive agreement to acquire Telrad , an Israeli-based technology company. Telrad provides and maintains high-quality technology products and services for global businesses and governments. The company develops innovative technology solutions across business areas including…
B2B eCommerce and embedded finance platform in Africa, TradeDepot, has appointed former Coca Cola HBC and Hayat Kimya Nigeria Executive, Chidi Akubuiro as its Managing Director for English-speaking West Africa. Effective from May 1st 2022, Akubuiro will lead further expansion of TradeDepot’s services across more key cities in Nigeria and…
Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay Point. Other new participating investors included Helios Digital Ventures, British International Investment, and Nclude. All existing investors including A15, FMO, and Global Ventures also participated. Founded in 2015 by Islam Shawky, Alain…
Opera has announced that its crypto browser now supports BNB Chain on desktop and mobile. BNB Chain is the largest smart contract blockchain in terms of daily active users (DAU) and hosts a plethora of community-driven and decentralized applications (dApps). The integration will allow you to buy the BNB token…
High-end luxury fashion house, Gucci has announced it will begin to accept cryptocurrency payments. This new payment programme by Gucci will kick off in some U.S stores by the end of May and expand to all North American stores later in the year. Customers will be able to buy Gucci’s…
Open online course provider, Coursera, is introducing a new service Clips, which currently offers over 10,000 bite-sized videos and lessons from the world’s leading companies and universities, and will scale to more than 200,000 videos by the end of the year. With Clips, companies can make the most valuable, in-demand…