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, 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, a Nigerian genomics research, services, and development company, closed a Series A round of $15M.
OPay, a Nigeria’s leading mobile wallet and motorbike ridesharing provider, raised $120m in Series B funding.
Arnergy, a Lagos, Nigeria-based distributed utility company, raised $9M in a Series A funding.
OPay, a Lagos, Nigeria-based provider of a mobile payment service and consumer platform, raised $50m in funding.
MAX.ng, a Lagos, Nigeria-based app-based motorcycle hailing service in West Africa, raised approx. $7.5m in funding.
Branch International, a San Francisco, CA-based finance app for Africa, raised $170m in Series C funding.
Boomplay, a Lagos, Nigeria-based music streaming service, raised $20m in Series A funding.
One Finance Limited (OneFi), a consumer lending platform provider, acquired Amplified Payments Ltd (Amplify), a Lagos, Nigeria-based fintech company that builds and facilitates payment solutions and digital financial transactions.
TeamApt, a Lagos, Nigeria-based fintech company that provides digital solutions and payment infrastructure for Africa, closed on a $5.5M Series A funding.
Novelda, an Oslo, Norway-based developer and supplier of adaptive smart sensors, closed a USD15m funding round.
Paystack, a Lagos, Nigeria-based payments company, raised $8m in Series A funding.
Green Africa Airways, a Lagos, Nigeria-based airline company, completed a Series A financing round of undisclosed amount.
Cellulant, a Nairobi & Lagos–based digital payments provider, raised $47.5M in Series C funding.