P1 Ventures closes $50 Million fund to back global companies “made in Africa”
P1 Ventures completed the final close of its first $50 million institutional fund. The firm co-invested in Morocco-based Nuitee’s $48 million Series A round as the only African VC alongside Accel.
Payment unicorn Zepz raises $267 million from World Bank, Accel and TCV
Zepz raised $267 million for expansion in Africa. The company reached profitability for the first time two years ago.
Swypex Secures $4 Million in Seed Funding to Expand Its Comprehensive Financial Management Services in Egypt
Swypex, an Egyptian startup, has launched its comprehensive financial services platform for businesses after securing $4 million in a seed investment round. Swypex offers an all-inclusive financial management platform that provides businesses with immediate access to a financial dashboard, intellige
Accel invests in Swypex’s $4M round to expand its all-in-one finance platform
Swypex launched a unified financial management platform to help Egyptian businesses manage their finances more effectively. The platform was fully licensed by the Central Bank of Egypt, ensuring compliance and reliability.
Egyptian Fintech Swypex launches; Raises USD 4 M Seed Round
Swypex has launched following a USD 4 million seed investment round. The platform consolidates payments, invoice management, and smart corporate cards.
