10 biggest African tech stories of 2024
Mercury announced it would terminate accounts for African startups in 13 countries due to compliance concerns, impacting many founders. The Central Bank of Nigeria raised the cybersecurity levy on electronic transactions, leading to public backlash and eventual suspension of the policy.
Tyme Group Becomes Africa’s Latest Unicorn with $250M Boost
Tyme Group raised $250 million in a Series D funding round. Tyme's valuation reached $1.5 billion, making it Africa's ninth unicorn.
Brazilian fintech giant invests in SA-born Tyme Group
Nubank invests in South African fintech Tyme Group. TymeBank surpasses 10 million customers with 29% year-on-year growth.
African digital bank Tyme raises $250M round led by Nubank at $1.5B valuation
Tyme Group secures $250 million in Series D funding. Valuation of Tyme Group reaches $1.5 billion.
