Cairo Based Money Fellows Raises $13M to Expand Fintech Access Across Africa
Money Fellows raised $13 million in a strategic funding round. The total investment in Money Fellows has exceeded $60 million.
Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost
Money Fellows raised $13 million in a new funding round. The funding will support expansion into North African markets, focusing on Morocco.
Exclusive: Vendease cuts 120 jobs in second round of layoffs
Vendease has implemented its second round of layoffs in five months, impacting 120 employees. The layoffs represent 44% of the company's staff as part of a restructuring effort.
Beacon Power gets Series A funding from Partech to expand into Eastern and Northern Africa
BPS raised undisclosed funds through a Series A financing round. Partech led the funding round with participation from multiple investors.
54 Collective, formerly Founders Factory Africa, plans to back early-stage African startups with $40M
Founders Factory Africa rebrands as 54 Collective, a venture capital firm with a $40 million fund. 54 Collective plans to invest in 105 venture-bankable startups in five years.
