March 28, 2024

Web and Technology News

Egyptian financial super app Khazna raises $38M from Quona Capital and Lendable

In a country where 50% of its 100 million people are active smartphone users, two out of every three individuals have little or no access to formal financial services in Egypt.  With banks doing their best to deepen financial services to the underbanked and unbanked across the North African country, startups are also playing their […]

Nigerian digital bank Yep! raises $1.5M pre-seed for its ‘financial super app’ play

Agency banking is big business in Nigeria and sub-Saharan Africa. It involves agents or merchants, who act as human ATMs, offering financial services such as transfers, savings and payouts to the underbanked and unbanked that rarely visit bank branches. Banks and telcos are heavy players, so are some companies like E-Settlement, a holding company for […]