A Nigerian fintech startup that was recently acquired by C-One Ventures, indicating consolidation in the tech ecosystem.
African startups raised $1.2 billion in H1 2025 as funding rebounds
African startups raised $1.213 billion across 88 publicly disclosed deals in H1 2025, an 86% increase from H1 2024. Fintech regained dominance, raising $500.2 million, while cleantech raised $218.5 million in the same period.
Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead
Africa's startup funding rose to $343 million in April 2025, a significant increase from $50 million in March. Year-to-date funding reached $803 million across 163 deals, a 43% increase compared to the same period in 2024.
C-One Ventures Acquires Nigeria’s Bankly to Expand Fintech Portfolio
C-One Ventures has fully acquired Bankly, a licensed microfinance bank in Nigeria. The acquisition aims to build an interconnected suite of financial tools for small businesses and underserved individuals.
Exclusive: Nigerian Fintech Bankly gets acquired by C-One Ventures
C-One Ventures has acquired Bankly, a licensed microfinance bank in Nigeria. The acquisition includes Bankly’s operations, regulatory licenses, and team.
