Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth. Despite African governments’ inconsistent stance on cryptocurrencies, these […]

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Africa-focused fintech Zazuu raises $2M to scale its cross-border payment marketplace

Africa-focused fintech Zazuu raises $2M to scale its cross-border payment marketplace

The remittance inflows to sub-Saharan Africa over the past decade have been on an upward trajectory since 2020; last year, it increased by more than 6% to $45 billion. However, the steady rise of remittance inflows to the region hasn’t made this activity cheaper. According to the World Bank, sub-Saharan Africa remains the most expensive […]

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