Ivorian Fintech Cauridor Raises $3.5M to Expand Cross-Border Payments
Cauridor raised $3.5 million in seed funding. Funding round led by Oui Capital with support from Rally Cap and BKR Capital.
This fintech has a fix for the biggest cross-border payments issues in Francophone Africa
Cauridor raised $3.5 million in seed funding. The platform supports mobile wallets, bank transfers, and cash pickups through over 25,000 agents.
How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit
Oui Capital returned its $4 million debut fund after selling shares in Moniepoint. Moniepoint raised $110 million in funding at a $1 billion valuation.
Focus on cash management in 2025, VC firms tell early-stage portfolio startups
Only 345 early-stage startups raised between $100,000 and $1 million in 2024, a 31.5% drop from 2023. Growth-stage startups saw a milder impact, with a 10% drop in those raising over $1 million.
Innovate Africa Launches with $2.5M Angel Fund for Early-Stage Africa-Focused Startups
Innovate Africa, an angel investment fund, has launched with an initial $2.5 million rollout. The fund aims to support up to 20 startups in its first year to solve complex problems in Africa with purpose-driven technology.
