Realising regional expansion for African startups
African continent has a combined GDP of $3.1 trillion and over 1.4 billion people. M-Pesa, Jumia, and Flutterwave are examples of successful pan-African expansions.
Next Wave: Mergers and acquisitions require more than financial synergy
Cultural alignment is crucial for successful mergers and acquisitions. Due diligence should include assessments of organizational behaviors and decision-making styles.
Bitmama Joins the Wave of Fintechs Halting Card Services Amidst Industry Challenges
Bitmama pauses partnership with MasterCard virtual card provider. Rise announced discontinuation of virtual card services in September.
Debit Cards, Once A No-Brainer For Africa’s Hottest Fintechs, Turn Nightmare
Rise announces discontinuation of virtual card services by September 30, 2024. Carbon pulls the plug on its debit card operations earlier this year.
Rise Finalises Acquisition of Kenya Investment Startup Hisa
Rise finalizes acquisition of Hisa. Acquisition involves stock and cash.
