SeamFix, a Nigerian company providing digital identity solutions, has secured $4.5 million in funding from Alitheia IDF marking its inaugural institutional investment.
This capital infusion aims to support SeamFix’s expansion beyond Nigeria with South Africa, Kenya, and Ghana

7 months after freezing Flutterwave’s bank accounts, the Kenyan government has dropped its charges of financial impropriety against Flutterwave, one of Africa’s 9 unicorn startups.
This was confirmed by a report by Bloomberg, which got access to a Kenyan High Court document and also verified by

Water Financial, a South African reverse mortgage provider, has issued a $1.6 million (30 million Rand) capital raise facilitated by Mesh.trade, a tokenised financial assets exchange.
The exchange issued 30,000 ‘A’ preference shares, which will provide a monthly dividend amounting to 87% of the

Dreamworlds, a pioneering Web 3.0 work outsourcing platform, is empowering developing countries through AI tools, training, and access to global job opportunities. Focused primarily on Africa and South Asia, Dreamworlds connects skilled workers with employers worldwide, facilitating seamless

MANSA, a fintech leader in cross-border payments, has secured $10 million in funding to enhance its stablecoin solution, addressing liquidity issues for payment providers, especially in Africa.

WorldCoin, the cryptocurrency and human registration project associated with OpenAI CEO, Sam Altman, is reportedly set to resume operations in Kenya after police dropped a probe they had opened against WorldCoin.
The policies are said to have conducted investigations on an array of allegations

Madica, an investment initiative by U.S.-based investor, Flourish Ventures, to support pre-seed startups in Africa, aims to invest in up to 10 ventures by year-end, a new report says.
Madica has already closed

Today, however, the cryptocurrency market has become very dynamic and diversified, presenting investment options in emerging blockchain technologies. One of the very lucrative options for investment is the presale of cryptocurrency, wherein an early window of opportunity has been given to a token be

Techstars, recently recognized as the most active startup investor on the continent, has unveiled the 12 startups selected for the second cohort of its innovation program based in Lagos, Nigeria, conducted in collaboration with

Nigerian retail app Patricia has converted customer Bitcoin into its stablecoin, Patricia Token (PTK), pegged to the U.S. dollar. Following a security breach in May 2023, withdrawals were suspended, raising user concerns about fund access. Despite challenges, the platform, established in 2017, aims to enhance security.

Visa is expanding its cryptocurrency efforts by partnering with merchant companies to use USD Coin on the Solana blockchain for settlement payments, enhancing speed and cross-border transactions using stablecoins.