South Africa's Stitch acquires Exipay, rebranding it into "Stitch In-Person Payments"
Stitch acquires Exipay to enter the in-person payments market. The platform is rebranded as 'Stitch In-Person Payments.'
Financial inclusion drives African fintech M-KOPA to $400M in ARR
M-KOPA is moving into profit country by sub-Saharan country. The company aims to surpass an annual revenue rate of $400 million by year-end.
Modernizing Africa’s Payment Infrastructure with PaaS
Volante Technologies announces partnership with Standard Bank. Initiative aims to modernize payment infrastructure across Africa.
Endeavor SA Secures R190m to Fuel Growth of African Tech Startups
Endeavor South Africa raised R190 million for Harvest Fund III. The fund aims to invest in 135 selected tech companies.
Next Wave: Venture debt’s role in Africa’s startup ecosystem
Decline in VC deals and a tough macroeconomic environment have posed challenges for the African startup ecosystem. Venture debt is gaining traction as it provides working capital without diluting ownership.
