RECENT FUNDING

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Healthtracka Secures $1.5M in a Fundraising Round

Healthtracka, a Nigerian health technology business, has secured $1.5 million in an early fundraising round. Hustle Fund and Ingressive Capital lead the fundraising effort, and Alumni Angels Alliance, Flying Doctors, and other organizations also contributed. Co-founded by Ifeoluwa Dare-Johnson and Victor Amusan, Healthtracka provides medical lab tests for Nigerians from the comfort of their homes. …

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$2.5 Million Raised in Pre-series A by Betastore

The Nigerian Business – to – Business retail platform for informal sellers Betastore, has secured $2.5 million at a pre-Series A round of fundraising. The round saw participation from 500 Global, VestedWorld, and Loyal VC. The firm, founded by Steve Dakayi-Kamga and Leo-Armel Tchoudjang in 2020, allows informal merchants to directly purchase rapidly consumer goods …

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Ayoken’s Secures $1.4 Million Pre-seed Capital

Ayoken, a digital collectibles marketplace, revealed that it has secured $1.4 million in pre-seed capital to assist users in growing their revenue streams through digital artifacts. The round included investors such as Founders Factory Africa, Texas-based Kon Investments, Europe-based private equity group Crypto League, Ghana-based R9C Ventures, and Maximus Ventures. In addition, the startup’s marketplace, …

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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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$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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