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Connect Money
Banking-as-a-service platform enabling fintechs to issue cards and process payments.
Seedjuil. 2024EG
It was all seed rounds last week in the African startup funding scenes as three companies each raised seed funding from multiple investors. Egyptian fintech, Connect Money raised $8 million to expand its operations. Payroll solutions provider, Cadana, also secured $7.1 million funding, while Noki Noki raised $3 million for its logistics operations. Elsewhere, investment […]
AU Startups·03/07/2024
100 Ventures
100 Ventures is an Egyptian venture capital firm that participated in a seed round for Glamera, an Egypt-born SaaS startup providing B2B services to beauty and lifestyle service providers and a B2C marketplace for consumers to find and book sessions with such providers. The funding will be used to continue developing and launching new services, as well as expanding into additional GCC markets.
1984 Ventures
1984 Ventures invests in early-stage startups, as evidenced by their participation in pre-seed and seed rounds. They co-invested in Sylndr's $12M pre-seed round. The firm appears to be sector-agnostic, with investments spanning e-commerce, automotive marketplaces, and other industries within the African tech ecosystem.
212
212 invests in companies like Flow48, a fintech company that leverages AI-powered data analytics and risk assessment to provide alternative financing solutions for SMEs across emerging markets. Through its platform, the company offers revenue-based financing and embedded finance solutions, allowing businesses to access capital without diluting ownership.
212Founders programme
212Founders is an accelerator program that invests in early-stage startups. They provide resources and mentorship to help startups grow and scale their businesses. They invested in Crealo, a copyright management solution for cultural and creative institutions.
