Afridigest Fintech Review: Revenues of African fintechs

Afridigest is your intelligent guide to tech in Africa. The Fintech Review is a weekly recap of what matters in African fintech.

📌 What’s this? A Fintech Review on a Sunday? We’re so back, ladies & gentlemen. 🙏🏽

On to the highlights from the week:

• Four fintech financing transactions were announced totaling over $7M in disclosed funding.

• In brief: South Africa’s Sanlam is buying a majority stake in MultiChoice's insurance business. Economic inclusion vs. Financial inclusion. A look at revenues of select African fintechs.

• Companies appearing in today’s Fintech Review: Pezesha, Vesti, Network International, TymeBank, Paystack, Sanlam, Budpay, & others.

• Executives appearing: TymeBank’s Coen Jonker, OPay’s Olu Akanmu, Fingo’s Kiiru Muhoya, AZA Finance’s Elizabeth Rossiello, Nigerian startup lawyer Uyi Edoigiawerie, & others.

With that said, let’s get into it!

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🚨 Applications are open until July 7th for the 2024 Ecobank Fintech Challenge. 🚨

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Week 25 2024: June 16-22

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🧭 Fundraising Tracker