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South Africa’s CrissCross raises undisclosed Circle Ventures investment in stablecoin push
CrissCross secured an undisclosed investment from Circle Ventures to expand its payment infrastructure. The investment will enhance local payment connections and liquidity for CrissCross.
Raenest expands beyond cross-border payments with stablecoins and savings
Raenest launched a suite of products for cross-border payments at its annual community event in Lagos. The new offerings include stablecoin payments, cryptocurrency deposits, and savings vaults with interest rates up to 16%.
Nigeria Leads African Startup Funding With $635 Million Raised in Nine Months
Nigeria attracted $635 million in startup funding between January and September 2026, marking a 157% increase from 2025. Moove led the funding with $250 million, followed by Flutterwave with $100 million and Jumia with $50 million.
Endeavor Catalyst Raises $320 Million to Support High-Growth Startups
Endeavor Catalyst closed a US$320 million investment fund to support high-growth technology companies. The new Fund V increases Endeavor Catalyst’s total assets under management to over US$850 million.
Pesa is taking its cross-border payments business to Australia
In Q2 2024, the average cost of sending remittances to Sub-Saharan Africa was recorded at 8.37%, the highest regional average by the World Bank. Pesa, founded in 2021, has rebranded from PesaPeer and is expanding its services to Australia.
