Juicyway Comes Out Of Stealth with $3 Million Pre-Seed Raise

In The News This Week:

Juicyway Emerges from Stealth with $3M Pre-Seed to Revolutionize Cross-Border Payments

Juicyway, a payment startup leveraging stablecoin technology, has officially launched out of stealth mode, announcing a $3M pre-seed round led by P1 Ventures

Tyme Group Hits Unicorn Status with $250M Series D Raise Led by Nubank

Tyme Group, a South African-born fintech with operations in Africa and the Philippines, has secured $250 million in Series D funding, pushing its valuation to $1.5 billion and cementing its unicorn status.

10 African Tech Companies to Watch in 2025

As Africa’s tech ecosystem continues to evolve, several companies are making significant strides in solving local problems, attracting investment, and scaling their operations across the continent and beyond.

Here are 10 African tech companies we think are poised to make an impact in 2025

In the rest of the news:

• Bamboo Becomes First Nigerian Fintech to Acquire U.S. Broker-Dealer License

• Retrospective: Highlights of Ghana’s Tech Ecosystem in 2024

• Cassava Technologies Secures $90M Equity Injection, Refinances Debt, and Completes Reorganization

• Ghana’s Foreign Direct Investments are on the Decline

• Rwanda Makes Official Bid to Host Formula 1 Grand Prix

Africa Ecosystem Activity

• SA’s Talk360 spins out payments platform for e-commerce merchants

• Senegalese e-health startup Eyone raises $1m funding to expand across Africa

• Kenyan fintech startup Leja processes $2bn in business transactions in 2024

• Egyptian fintech MNT-Halan enters UAE market

• SA fintech Sourcefin raises $8.2m funding from Futuregrowth to boost access to SME finance

This is our last newsletter for 2024. We’ll be back in the New Year on 3rd February