Bolt’s Fleet Partner MyNextCar Raises $10M to Scale Affordable Ride-Hailing in South Africa
MyNextCar secured $10 million in its first institutional funding round. The funding round was led by Emso Asset Management with support from Bolt, Assemble Capital, and E2 Investments.
Nigerian remittance startup LemFi acquires UK card issuer pillar to launch credit cards for immigrants
LemFi has acquired Pillar, a London-based credit card issuer, to integrate remittances and credit services. The acquisition allows LemFi to leverage Pillar's FCA license to bypass lengthy regulatory processes.
EXCLUSIVE: CreditChek acquires CreditCliq to bridge cross-border credit gaps
CreditChek has acquired CreditCliq to scale creditworthiness for African immigrants worldwide. The acquisition addresses the challenge of transferring credit histories for immigrants across borders.
Super Capital Partners with Axel Peyriere to Launch Middle East & Africa Investment Club Offering €100K-€250K Tickets
Super Capital is expanding into the Middle East and Africa with a new club. The Super Capital Middle East & Africa Club will support up to 10 startups each year.
A new U.S.-Nigeria trade deal could unlock more investment for Nigerian startups
The U.S.-Nigeria Commercial and Investment Partnership (CIP) was signed in July 2024 to support Nigeria's startup ecosystem. The CIP aims to remove regulatory barriers and promote private investment, enhancing access to U.S. venture capital.
