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Kenya Claims Africa’s VC Crown as Continent’s Startup Funding Surges Past $3 Billion
Tech In Africa - May 28, 2026
Kenya raised $984 million in 2025, marking a 52% increase from the previous year. Kenya has overtaken Nigeria as Africa's top destination for venture capital.

Rank Capital Named 7th Fastest-Growing Fintech in Africa by Financial Times
Techpoint Africa - May 14, 2026
Rank Capital ranked 7th fastest-growing financial technology company in Africa. The company is 6th in Nigeria and 12th overall on the Financial Times’ annual list.

M-KOPA Hits 3M Active Customers, Deploys $2B in Credit
Tech Labari - Sep 22, 2025
M-KOPA has surpassed 3 million active customers as of 2025, up from 2 million in 2023. 9 out of 10 active customers report that M-KOPA has improved their quality of life, an increase from 8 out of 10 last year.

South African fintechs Paymenow, TymeBank, Omnisient make FT’s Africa fastest-growing companies list
TechCabal - May 14, 2025
Paymenow ranked sixth in the FT Africa’s Fastest-Growing Companies 2025 ranking, with a 3756.1% absolute growth increase from 2020 to 2023. Paymenow's revenue surged from $0.14 million in 2020 to $4.86 million in 2023, and its employee count grew from 7 to 38.

A founder’s personal assets as collateral for failure: Lessons from China’s startup ecosystem
TechCabal - Jan 13, 2025
China's VC-backed startups face severe risks due to enforcement of redemption rights. Founders can be added to a debtor blacklist, restricting their travel and access to services.
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