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Startup Funding in Africa
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MoneyHash, an Egyptian fintech innovator, has secured $5.2 million in pre-Series A funding to expand its operations across the MENA region. By offering a unified API that simplifies payment management for businesses, the startup is addressing the challenges of fragmented payment systems. With backing from prominent investors, MoneyHash is poised to revolutionize how merchants streamline payments and combat fraud.
MoneyHash, an Egyptian fintech innovator, has secured $5.2 million in pre-Series A funding to expand its operations across the MENA region. By offering a unified API that simplifies payment management for businesses, the startup is addressing the challenges of fragmented payment systems. With backing from prominent investors, MoneyHash is poised to revolutionize how merchants streamline payments and combat fraud.
Healthtech startups are redefining healthcare in Africa, addressing critical challenges and improving access to medical services. With increasing mobile penetration enabling telemedicine and e-health solutions, companies like Helium Health and mPharma are bridging gaps in underserved regions.
South African insurtech company Naked has raised $38 million in a Series B2 funding round led by BlueOrchard, with strong support from existing investors like Hollard and the IFC.
Billionaires worth a staggering $1.2 trillion, including Elon Musk, Jeff Bezos, and Mark Zuckerberg, attended Donald Trump’s inauguration, underscoring the event’s high-profile allure.
TRUMP coin, the official meme cryptocurrency tied to President-elect Donald Trump, faced a sharp $6 billion market value drop after Melania Trump introduced her rival token, MELANIA. The Solana-based MELANIA coin soared to a $12 billion valuation within hours of its launch, shaking up the crypto market. This development comes as the Trump administration signals a new era of U.S. crypto innovation.
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MoneyHash, an Egyptian fintech innovator, has secured $5.2 million in pre-Series A funding to expand its operations across the MENA region. By offering a unified API that simplifies payment management for businesses, the startup is addressing the challenges of fragmented payment systems. With backing from prominent investors, MoneyHash is poised to revolutionize how merchants streamline payments and combat fraud.
South African insurtech company Naked has raised $38 million in a Series B2 funding round led by BlueOrchard, with strong support from existing investors like Hollard and the IFC.
Conservio, a South African travel-booking platform, has raised US$1 million to expand its nature-based travel operations across Southern Africa. Founded in 2020, the platform supports sustainable accommodations while promoting conservation efforts.
FARO, a South African startup, has raised $6 million to revolutionize affordable fashion and combat textile waste across Africa. By leveraging surplus inventory from global brands, FARO offers high-quality, discounted fashion while promoting sustainability.
LemFi, a fast-growing fintech focused on cross-border payments, has secured $53 million in new funding to expand its services across Asia and Europe.
