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FUNDING | Africa-Focussed CBDC Platform, Emtech, Raises $4 Million Following Collaborative Agreement with the West Africa Monetary Institute
Emtech, a software solutions company for central banks, raised $4 million in seed funding to enhance its CBDC and regtech solutions, boosting total investment to $10 million. The company collaborates with six central banks and offers innovative digital currency tools and regulatory platforms.
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MILESTONE | Stripe Makes Headlines with $1.1 Billion Acquisition of Bridge, the Largest Deal in Crypto History
Stripe has acquired stablecoin platform Bridge for $1.1 billion, marking its largest acquisition and highlighting the rise of stablecoins in payments. This move demonstrates Stripe's commitment to cryptocurrency after reentering the market, signaling a bright future for stablecoin integration.
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Algerian SuperApp, Yassir, Raises $150 Million Making it the Most Valuable Startup in North Africa
Yassir, sebuah startup pasar digital Aljazair, mengumpulkan dana sebesar $150 juta dalam putaran Seri B, dengan total $193,25 juta sejak peluncurannya. Dengan lebih dari 8 juta pengguna, perusahaan ini menargetkan ekspansi ke seluruh benua dan global, menawarkan layanan ride-hailing, pengantaran, dan layanan keuangan.
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FUNDING | COCA.xyz Secures Strategic Funding from Stellar to Accelerate Stablecoin Payments Adoption in 200+ Countries
COCA.xyz, the next-generation non-custodial payments app, has just secured a major strategic funding round led by the Stellar Development Foundation (SDF), with additional backing from FunFair Ventures. This investment is set to supercharge COCA’s mission to revolutionize stablecoin
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FUNDING | Pan-African Fintech, Enza, Raises $6.75 Million in Seed Equity After Securing Over 10 Million Monthly Contracted Transactions in Key African Markets
Enza, a pan-African fintech, secured $6.75 million in seed funding to enhance payment solutions for banks and fintechs, promoting financial inclusion across Africa. The investment validates its mission and growth in key markets like Egypt, Nigeria, and South Africa.
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Nigerian Fintech, Nomba (Formerly Kudi), Raises $30 Million Pre-Series B Round Backed by Shopify
Nigerian fintech Nomba has raised $30 million in pre-Series B funding to enhance customized payment solutions for African businesses. Founded in 2016, Nomba serves over 300,000 clients, facilitating $1 billion in monthly transactions. The funding will expand their offerings and improve operational efficiency.
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