Fairmoney raises $42 million in a Series B round and obtains a banking license to bolster its ambitions as a challenger bank
Fairmoney raises $42 million in a Series B round Fairmoney, a Nigerian microlending startup, has raised $42 million in Series B funding led by Tiger Global, a US hedge fund and investment firm. Existing investors included DST partners, Flourish Ventures, Newfund, and Speedinvest. With operations in Nigeria and India, the startup intends to diversify its current offerings and expand in order to become its users' preferred financial destination. Fairmoney provides Nigerians with mobile-ba.
Why You Need To Consider Distance Learning or E-Learning
What is E-Learning or Distance Learning E-Learning or Distance Learning or Online Training is an incredible, complete-interactive Internet-based training solution offered by online education platforms. Login from anywhere, anytime, take classes at your own speed and graduate over the internet. E-learning Subscription is perfect for training in your home, your office or remote locations. In fact online courses are available in any location where you have Internet access and are also.
Aella introduces daily interest rewards to its customers e-wallets
Aella introduces daily interest rewards to its customers' e-wallets Aella App, a leading provider of single-point financial services and payment solutions in Nigeria, has launched a new daily interest initiative that rewards customers for simply using the App on a daily basis. The new product is only accessible via the Aella App and earns daily interest on funds stored in the Aella Wallet. Aella Wallet is an electronic wallet that enables customers to store value while using the Aella App to c.
Carbon Collaborates with Visa to Facilitate Payments Throughout Africa
Carbon Collaborates with Visa to Facilitate Payments Throughout Africa Carbon, a pan-African fintech company that enables Africans to access basic financial services, today announced a five-year strategic partnership with Visa, the world leader in digital payments, to offer its customers both digital and physical Visa cards. Carbon will launch Visa debit cards in the third quarter of 2021, approximately a year after transitioning from a leading digital lender to a digital bank offering a range.
Zeepay Raises $7.9 Million in Series A Investment
Zeepay Raises $7.9 Million in Series A Investment Zeepay, a Ghanaian fintech startup, has closed a $7.5 million Series A funding round, dubbed one of Africa's largest Series A rounds to date. According to the startup, this latest round of funding will be used to expand its mobile payment services across Africa and into the Caribbeans. The funding round was led by impact investment firm I&P, with participation from ARK Holdings, an early-stage venture capital firm focused on Africa, GOODsoi.
MDaaS Global raises $2.3 million in seed funding and launches an e-diagnostic feature
MDaaS Global raises $2.3 million in seed funding and launches an e-diagnostic feature MDaaS, a diagnostic healthtech startup, raised $2.3 million in seed funding and expanded its array with a new product feature called SentinelX. Newton Partners, an early-stage venture capital firm, led the round, which also included participation from CRI Foundation, FINCA Ventures, Techstars, and Future Africa. MDaaS was founded in 2016 by Co-founder and CEO, Oluwasoga Oni, with the mission of facilitating .
Can Biometrics Eventually Replace Passwords
Can Biometrics Eventually Replace Passwords? Today's users place a high premium on security. Whether it's our home or our phones, we're accustomed to having the most robust security measures in place. Additionally, as cyberattacks continue to plague us, we may seek new defenses. Google, Apple, and other tech giants are also equipping their devices with robust security features to safeguard user data. Each of us has witnessed the evolution of security technology over the last two decades. We've.
Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ community
Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community There has been a surge in the number of newly formed digital banks targeting specific demographics over the last year. Almost always, banks are attempting to meet the needs of segments of society that they believe are being overlooked or underserved by traditional financial institutions. The most recent neobank to emerge is New York-based Daylight, which bills itself as the count.
Pietra raises $15M from Founders Fund to help creators launch their own product lines
Pietra raises $15M from Founders Fund to help creators launch their own product lines In the burgeoning creator economy, startups are increasingly looking to build paint-by-numbers platforms that enable aspiring creators to more easily overcome previously insurmountable business obstacles. The Pietra team, which includes former Uber employees, is capitalizing on this vision by developing a backend for launching and scaling creator product lines. The startup, which was previously a marke.
Peanut has launched a microfund called StartHER to invest in early-stage startups
Peanut has launched a microfund called StartHER to invest in early-stage startups Peanut, the creator of a female-focused social networking app, has entered the investing space with the launch of a microfund called StartHER today. As the name implies, the new fund will invest in women and historically marginalized founders "of all ages, life stages, ethnicities, and sexual orientations," according to the company. StartHER is particularly interested in addressing the difficulties that certain gr.
