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Egyptian Fintech Startup Secures $3.5M in Seed Funding Round

Egyptian Fintech Startup Secures .5M in Seed Funding RoundThe Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised in a seed funding round. Co-founder Sameh Saleh said the startup seeks to empower families by providing financial leverage and contributing to broader economic prosperity in the region. Empowering Financially Excluded Egyptian Families The Egyptian […]

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African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops

African Fintech Startups Raised .45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding DropsDespite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised a combined US$976,146,000 or 29.3% of […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’