Afridigest Fintech Review: It's not an easy time for founders in Africa
Week 38 2023: Sep 17-23
Afridigest is your intelligent guide to Africa’s tech ecosystem. The Fintech Review is a weekly recap of what matters in African fintech.
On to the week’s fintech highlights:
• Four fintech fundraises were announced in Africa this week.
• News of the week: Rwandan/Nigerian digital banking platform PayDay is in the news again — it’s apparently looking for a buyer and going through some internal turmoil. Aside from that, a new national switch is coming to Guinea as AfricaNenda and the government of Guinea partner on a proof of concept. And lastly, EBANX’s Africa march continues as the Brazilian unicorn expands to eight new African countries.
• Companies appearing in today’s Fintech Review: DKK Partners, SimbaPay, 8B Education Investments, Bridgecard, Leatherback, Qardy, Mono, Payday, Lupiya, & others.
• Executives appearing: Mastercard’s Michael Miebach, Chipper Cash’s Ham Serunjogi, Flutterwave’s Olugbenga ‘GB’ Agboola, Zeepay’s Andrew Takyi-Appiah, MPower’s Manuel Seiffe, Mukuru’s Sandy Rheeder, Imali Pay’s Tatenda Furusa, & more.
With that said, let’s get into it!
