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Lemfi
Financial platform for African immigrants to send money and handle expenses.
Series BJan 2025
The African tech ecosystem seemed to have taken a funding break for the first fourteen days of the year but then resumed activities with a bang as six new major funding deals were announced in just two days.The first and biggest funding beneficiary this week is Nigerian fintech company Lemfi, which raised $53 million. The […]
AU-Startups·1/17/2025
Last week saw a calm pace of events in the African Startup Ecosystem but most Funders and founders decided to stay tight-lipped on the details of their deals. 3 of the 5 funding rounds featured undisclosed amounts. However, the two other deals were quite impressive. Lemfi had a successful Series A round, securing $ 33 […]
AU Startups·8/28/2023
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.
