Tala, a digital lending app company offering unsecured lending via smartphone direct to consumers, raised $110m in Series D funding.
Antler, a global startup generator and early-stage venture capital firm, opened East African offices in Ethiopia and Kenya as part of its global expansion.
Branch International, a San Francisco, CA-based finance app for Africa, raised $170m in Series C funding.
Tulaa, a Nairobi, Kenya-based mobile commerce solution that connects agricultural-input suppliers, financial service providers, and commodity buyers to smallholder farmers, raised $627k in funding.
The Partech Africa Fund, the Africa-focused fund of global investment firm Partech, closed, at €125M.
Copia, an ecommerce business that specializes in supplying products and services to currently underserved consumers in rural Kenya, received an investment from Goodwell Investments.
Twiga Foods, a Kenya-based start-up connecting smallholder farmers in rural areas to informal retail vendors in cities, raised $10m in funding.
Kukua, a London, UK- and Naroibi, Kenya-based edtech startup, raised €2.2m in funding.
Cellulant, a Nairobi & Lagos–based digital payments provider, raised $47.5M in Series C funding.
d.light, a global for-profit social enterprise, raised $50m in debt funding.
Branch International, a San Francisco, CA-based mobile branchless bank for emerging markets, raised $70m in Series B debt and equity funding.
BitPesa, a blockchain payments platform for Africa and Europe, acquired TransferZero, an international, online money transfer platform.
Greenlight Planet Inc., a provider of off-grid solar products and solar financing for underserved populations around the world, raised $60m in debt and equity funding.
Angaza Design, a San Francisco, California and Nairobi, Kenya-based alternative energy startup, raised $10.5m in Series B financing.
Gro Intelligence, the New York and Nairobi, Kenya-based agricultural data analytics business used by investment professionals, major corporations, governments and international organizations around the world, raised a Series A-2 financing of undisclosed amount.