Egyptian fintech Valu plans IPO as African startups eye public markets
Valu plans to list up to 25% of its shares on the Egyptian Exchange (EGX) within a year. The company has facilitated 7.8 million transactions and commands approximately 24% of Egypt’s consumer finance market.
Stablecoins are finding product-market fit in emerging markets
SpaceX launched Starlink five years ago, becoming its biggest revenue driver. SpaceX partnered with Bridge to accept payments in stablecoins for global transactions.
Africa’s newest fintech unicorns are winning by keeping their feet on the ground
TymeBank and Moniepoint raise funds at valuations over $1 billion. Both companies aim to simplify banking for unbanked individuals and businesses.
African digital bank Tyme Group raises $250M at $1.5B valuation, eyes for IPO in 2028
Tyme Group secured $250 million in a Series D funding round. Nu Holdings invested $150 million for a 10% stake in Tyme Group.
Brazilian fintech giant invests in SA-born Tyme Group
Nubank invests in South African fintech Tyme Group. TymeBank surpasses 10 million customers with 29% year-on-year growth.
