Kenya

Kwara, Kenyan Fintech Providing Digital Banking Solutions to the Unbanked, Secures $3m Funding and Distribution Deal

  Kenyan start-up, Kwara, is set to scale even further after reportedly securing an additional $3 million in funding and signing exclusive distribution deal. The company, which has doubled its number of clients in the past year, has now raised a total of $7 million with this latest round of funding.  Kwara has also signed […]

Kwara, Kenyan Fintech Providing Digital Banking Solutions to the Unbanked, Secures $3m Funding and Distribution Deal Read More »

Photo Credit: Adobe Stock

African Fintech Is Trending

  The African fintech ecosystem continues to expand, despite global economic challenges. As an investment segment, the fintech industry made up more than 25% of all venture capital rounds in the last few years, with South Africa joining other regional leaders, such as Egypt, Nigeria and Kenya. Out of the nine notable tech unicorns in

African Fintech Is Trending Read More »

Photo Credit: Adobe Stock

Original Article By: https://www.bizcommunity.com/Article/196/727/234740.html

East Africa: Environmentally Minded Bitcoin Mining Company “Gridless” Acquires $2m for East African Expansion Drive

  Gridless is a company involved in rural electrification and community projects in Kenya and has acquired $2m to expand into other East African markets. Jack Dorsey’s Block Inc is part of the companies that have contributed to the funding round for the bitcoin miner. Gridless, an environmentally minded bitcoin mining company in rural Kenya, has

East Africa: Environmentally Minded Bitcoin Mining Company “Gridless” Acquires $2m for East African Expansion Drive Read More »

Photo Credit: Adobe Stock

Original Article By: https://thisisafrica.me/politics-and-society/bitcoin-gridless-acquires-2m-for-east-african-expansion/