Non-sexy industries can appeal to investors too
- Uber leads a $100 million investment in African mobility fintech Moove
- Zone raises $8.5 million to scale its decentralized payment infrastructure
- Tanzanian payments company Nala builds a B2B payment platform
The fintech industry in Africa is experiencing positive growth, with significant investments in startups like Moove, Zone, and Nala. The closure of Mint has created opportunities for other budgeting apps like Copilot. The funding raised by Coast and Onyx Private indicates investor interest in expense management and digital banking solutions. Overall, the fintech sector is showing promise and attracting attention from investors.
