startup funding Archives - Page 12 of 20

July 5, 2021Startup

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 services to more countries.

July 5, 2021July 5, 2021Startup

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 Africa.

July 2, 2021News 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 firm.

July 2, 2021May 28, 2022Startup

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 Kuda, V Bank, Eversend and Piggyvest.

June 28, 2021News 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 $250, 000 and $1.5 million. There’s also a $1.5 million to $10 million rounds.