Afridigest Fintech Review: Deal or no deal
Week 1 2023: January 1-7
The Afridigest Fintech Review is a weekly recap of what happened in African fintech.
Hello again, friends! Remember: this Fintech Review normally goes out on Sundays, and the regular Week in Review goes out on Mondays. But it wasn’t a normal week — good news: we completed & published our 2022 Fintech Transactions Database of all fintech equity VC financings, debt financings, and M&A deals disclosed last year, it’s available here.
On to the week’s highlights:
• Quiet Week 1 with no fintech deals publicly announced.
• No major partnerships were announced either, but a new payments company was formally launched in Egypt.
• Some interesting reads for you on save-now-pay-later, agriculture finance, and embedded finance.
• Companies appearing in today’s Fintech Review: enza, Yabx.
• Executives appearing: Paga’s Tayo Oviosu, TeamApt’s Tosin Eniolorunda, Canta’s Samuel Iloama, FiveWest’s Omer Iqbal, Carbon’s Ngozi Dozie.
⭐ Not interested in fintech? No problem: visit the Notifications section of your Account Settings page and deselect the Fintech option. (And if you speak French, make sure to turn notifications on for Afridigest Français — it’ll come back from hiatus soon.)
[If you’re not a paying subscriber of Afridigest, you’ll only see a free preview of this Fintech Review. Remember to upgrade your subscription or start a trial to read it in full — fintech professionals & investors recommend it! Check out previous, non-paywalled versions here, here, and here.]
Week 1 2023: January 1-7
💸 FundraisesAFRICA
No fintech deals were announced this week.
💡 Executive Insights
🧐 Read the full post on LinkedIn.
🚀 Partnerships & Product LaunchesLAUNCHES
The enza group, an Egyptian API-first B2B digital payments company, formally launched. The company is led by CEO Hany Fekry and COO Hamish Houston, whom were both instrumental in growing the EMP Group (which was acquired by Network International) to serve over 180 banks across Africa.
PARTNERSHIPS
Nothing to report this week.