TradeDepot Raises $110M in Series B Funding
TradeDepot, a Lagos, Nigeria-based B2B eCommerce and embedded finance platform, raised $110m in equity and debt funding.
Nigeria
Sparkle Raises $3.1M in Seed Funding
Sparkle, a Lagos, Nigeria-based mobile-first digital bank that provides financial, lifestyle and business support services to Nigerians across the globe, raised $3.1m in seed funding.
Agrocorp International Raises $17.5M in Series A Funding
Agricorp International, a Lagos, Nigeria-based spices producing, processing, and exporting company, raised $17.5m in Series A funding.
Alerzo Raises $10.5M in Series A Funding
Alerzo, an Ibadan, Nigeria-based B2B e-commerce retail startup, raised $10.5m in Series A funding.
Moove Raises $23M in Series A Funding
Moove, a Laos, Nigeria-based mobility fintech company, raised $23m in Series A funding.
Smile Identity Raises $7M in Series A Funding
Smile Identity, a Lagos, Nigeria-based company focused on ID verification and KYC compliance through Artificial Intelligence, raised $7M in Series A Funding.
Accenture Ventures Invests in Okra
Accenture (NYSE: ACN) has made an investment, through Accenture Ventures, in Lagos, Nigeria-based fintech company Okra.
Stripe To Acquire Paystack
Stripe has entered into an agreement to acquire Paystack, a Lagos, Nigeria-based technology company that enables organizations of all sizes to collect payments from around the world.
Tomato Jos Raises €3.9M in Series A Funding
Tomato Jos, a Kaduna, Nigeria-based agro-processing company focused on the local production of high-quality tomato paste for the African market, raised €3.9m in Series A funding.
54gene Raises $15M in Series A Funding
54gene, a Nigerian genomics research, services, and development company, closed a Series A round of $15M.
OPay Raises $120M in Series B Funding
OPay, a Nigeria’s leading mobile wallet and motorbike ridesharing provider, raised $120m in Series B funding.
Arnergy Raises $9M in Series A Funding
Arnergy, a Lagos, Nigeria-based distributed utility company, raised $9M in a Series A funding.
OPay Raises $50M in Funding
OPay, a Lagos, Nigeria-based provider of a mobile payment service and consumer platform, raised $50m in funding.
MAX.ng Raises Approx. $7.5M in Funding
MAX.ng, a Lagos, Nigeria-based app-based motorcycle hailing service in West Africa, raised approx. $7.5m in funding.
Branch International Raises $170M in Series C Financing
Branch International, a San Francisco, CA-based finance app for Africa, raised $170m in Series C funding.