News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

MoneyFellows raises $13m in Series B funding

Cairo based group savings platform raised $13m in Series B funding led by Al Mada Ventures and Nclude Fund.

“Doing this while lending out billions without relying on working capital at all is quite disruptive in itself,” said CEO Ahmed Wadi.

OmniRetail raises $20m in Series A funding

Nigeria based embedded finance platform raised $20m in Series A funding led by Norfund and Timon Capital.

“The profitability journey was an outcome of our efficiency on utilizing the assets that we aggregated in the network, and this has...…

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