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Tag: startup funding

July 5, 2021
Startup

Moroccan Yalla Xash Secures $675k Funding to Advance North America – Africa Service

Yalla Xash, a Moroccan fintech startup that facilitates money transfer between North America and Africa, has secured $675,000 (MAD 6 million) from the Maroc Numeric Fund II to expand its

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July 5, 2021
Startup

Egypt E-commerce Startup MaxAB Closes $40M Series A to Fuel Expansion

MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North

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July 2, 2021
News around Africa

SA Online Haircare Startup Brown and Ayo Secures $276k Funding to Scale Across Africa

South African haircare startup, Brown and Ayo, which promotes natural hair care trends for black women, recently secured ZAR4 million (US$276,000) in funding from Enygma Ventures, a female-focused venture capital

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July 2, 2021
Startup

Fairmoney Secures $42 Million to Further its Banking Ambition

Fairmoney's latest Series B funding raise of  $42 million will bring the financial services startup a lot closer to competing favourably among the existing digital banking platforms across Africa such

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June 28, 2021
News around Africa

Early-Stage Funding Opportunity for African Startups

A new funding opportunity has opened for early-stage African startups in the 5th edition of the VC4A Venture Showcase. The programme extensively screens participant startups and provides seed funding between

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