African Startups Beat Asia with $2.2B in Funding Despite Global Slowdown
African startups secured $2.2 billion in funding in 2024. This funding accounts for 0.6% of the worldwide startup funding total of $275 billion.
Inside LemFi’s play to be fintech to the Global South diaspora
LemFi, a Nigeria-based fintech, is back in business in Ghana after being shut down by regulators in November. The company has grown its influence in Africa's remittance market, fueled by a $33 million Series A funding round and the launch of services in the U.S. corridor.
