Thursday, January 16, 2025
No menu items!
type here...

Opay

FinTech

This Nigerian Fintech Unicorn is Taking Egypt by Storm

Luis Monzon -
According to a press report published by Forbes Middle East, OPay has garnered a significant amount of support in Egypt. The Nigeria-founded fintech entity is one of Africa's most valuable startups and unquestionably one of Africa's fintech unicorns. It is...
Africa By Region

The Top 5 Most Impactful African Fintechs of 2021

Luis Monzon -
There have been several changes in the economy and structure of African nations over the last year. Several people were obliged to stay at home due to the epidemic, COVID-19, and go primarily cashless. Africa's Fintech came to the rescue,...
Africa By Region

Africa’s 5 Unicorn Startups – Which Has the Highest Valuation?

Luis Monzon -
Recently, global engineering talent outsourcer Andela reached the highly exalted status as a unicorn startup - a startup with a valuation of $1-billion or more. Andela joins an exceedingly exclusive group as one of Africa's 5 startup unicorns currently...
FinTech

Wave Closes Largest Series A Round for an African FinTech at $200-Million

Luis Monzon -
Wave, a Senegal-based mobile money provider have raised $200-million in a Series A round of funding, reports Tech Crunch. The investment marks the largest-ever Series A funding round for a fintech startup in Africa, and it values Wave at around...
Startups

Nigeria’s OPay Raises $400-Million in Largest Investment Round by African Startup

Luis Monzon -
Nigeria-based fintech OPay has secured $400-million during a new funding round left by SoftBank Vision Fund, Japanese conglomerate SoftBank's venture capital arm. According to Tech Cabal, this latest funding round brings total investments into OPay to $570-million and sees the...
General

Top 4 Most Trending Stories – Week in Review

Luis Monzon -
As this week comes to a close we take a look at the stories that resonated most with our readers. After months of planning and preparation, South Africa's Karpowership deal falls short. "Unicorn" FinTech startups have allowed mobile payments to explode...
Africa By Region

Startup “Unicorns” Help Mobile Money Soar in Africa

Luis Monzon -
A recent GSMA report reveals that there are 1.2 billion registered global mobile money accounts. 560-million of these registered accounts are in Africa. The GSMA, which represents several mobile network firms, states that "Sub-Saharan Africa has been at the...
Company News

Opera’s OPay Still Planning African Expansion via Nigerian “Super App”

Luis Monzon -
Opera's African fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay will also continue to operate ORide for limited passenger service — though the company is shifting...
FinTech

Opera announces shared investment in OPay Nigeria

Fundi Maseko -
Provider of a rapidly growing mobile payment service and consumer platform, OPay has raised $50 million in total funding. The lead investors included IDG Capital, Sequoia China, Source Code Capital, Meituan-Dianping, GSR Ventures and Opera. OPay plans to use...
East Africa

Opera integrates web payment platform in Kenya

Staff Writer -
Opera, the Norwegian developer of Opera Mini, has integrated a new web payment platform in Kenya which directly runs on the Opera Mini browser. This is part of the Opera’s $100 million investment initiative to grow the African digital...
- Advertisement -spot_img

Latest News

CybersecurityAnna Collard -

How Can You Safeguard Your Data from Social Engineering Threats?

Social engineering remains the most pervasive form of cyberattack for one reason: humans are easier to hack into than...
- Advertisement -spot_img