Fintech Investment: Interswitch Receives $110M

Interswitch, an African payments company, has announced an investment from LeapFrog Investments and Tana Africa Capital. Although there is no confirmed proof that this money has been received. Techpoint claims it to be $110 million, with the caveat that “the particular details of the deal have not been published.” Furthermore, when asked about the investment, …

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$50 Million Raised in Series B Round by Paymob

Egyptian fintech company Paymob raises $50 million in Series B. The platform allows merchants to accept digital payments online and in-store. PayPal Ventures, Kora Capital, and Clay Point led a round of investment in the company. British International Investment (formerly the CDC Group), Nclude, and three unnamed Egyptian banks also participated in the investment round. …

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Who is a Blockchain Developer? Find Out Here

Blockchain continues to gain momentum across the technology space, and it looks like it would be here for a long time. Technological progress will give rise to several untapped skill sets hitching to proffer solutions to tech-related issues. As the going gets tough, the tough get learning and certification. Therefore, young developers need to learn …

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Norebase Raise $1 Million in Seed Funding

African technology company Norebase has raised a whopping $1 million in seed funding The financing was led by Samurai Incubate and Consonance Investment. Other participants are: Sahil Lavingia, Kinfolk VC, Future Africa, Ventures Platform, etcetera were a part of the funding round. Norebase, founded by Adetola Onayemi and Tope Obanla in September 2021, allows founders …

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$3M to Provide Financial Services Awarded to Imalipay

Financial service application Imalipay gets awarded $3M to provide and enable monetary services across Africa. The company, which describes itself as a one-stop-shop financial services platform, has closed a $3 million seed in debt and equity round. The fintech raised an $800,000 pre-seed round in 2020 after its launch by co-founders Tatenda Furusa and Oluwasanmi Akinmusire. READ: …

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