South African neobank, TymeBank, has undergone a remarkable transformation, rebounding from a substantial R858 million (~$45 million) loss reported six months ago to achieving its
Category: Business
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Canza Finance Secures $2.3 Million in Strategic Funding to Pioneer FX DeFi Platform for African Startups
Canza Finance’s Strategic Funding: Canza Finance, a pioneering Web3 neobank focusing on facilitating cross-border payments for African startups, has successfully concluded a $2.3 million strategic
Water-Saving Pioneer, Sandwater, Secures €125M Venture Capital Fund with Backing from Renowned International Investors
Diverse Investor Portfolio In a significant achievement for water-saving technology, Sandwater has successfully closed a venture capital fund at €125 million, with backing from a
Apply Now: Shecluded Dream to Business Incubator Program 2.0 Now Open – NGN2m Funding
Embark on a transformative journey with the Shecluded Empowered to Impact Incubator Program and unlock the full potential of your business. If you are a
Carmoola Secures £146M Funding to Expand Reach in the UK Used Car Finance Market
In a recent funding round, Carmoola successfully raised £146 million, with prominent participation from leading investors such as QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and
$70 Million Boost Propels D-Orbit Toward Space Logistics and Computing Dominance
D-Orbit Rockets Higher with $70M Funding Injection: Expanding Space Logistics and Computing Fueling Space Ambitions: D-Orbit, a global leader in space logistics and transportation, has
Crypto Custodian Finoa Secures Substantial Funding in Round Co-Led by Maven 11 Capital and Balderton Capital
Crypto Custodian Finoa Secures Substantial Funding In a recent investment development, Berlin-based cryptocurrency custodian Finoa has successfully raised a significant amount of funds in a
Downpayments Secures New Capital to Facilitate $200M in Property Transactions
In a strategic move to fuel investment property transactions exceeding $200 million, Downpayments has successfully raised new capital. Founded by Godfrey Dinh, Downpayments operates at
President Tinubu Greenlights Inter-Ministerial Committee for Key Steel Development Projects
President Bola Tinubu has given authorization for the establishment of an inter-ministerial committee dedicated to spearheading three major steel development initiatives in Nigeria. This includes
CBN Dissolves Boards at Union, Keystone, and Polaris Banks, Appoints New CEOs and Executive Directors Amid Regulatory Concerns
CBN Shakes Up Banking Landscape: New Leaders at Union, Keystone, and Polaris Banks Central Bank Cracks Down: Nigeria’s Central Bank (CBN) has taken decisive action,