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Venture Capital

A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable

A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable

South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
Oluwaseun Adeyanju Apr 22, 2023
Nigerian venture capital firm Echo VC launches an $8 million blockchain fund

Nigerian venture capital firm EchoVC launches an $8 million blockchain fund

The firm aims to fund solutions across multiple areas of blockchain use cases.
Adeolu Adegboye Apr 13, 2023
Stellar Network and DFS Lab launch fund to support African fintech startups

Stellar Network and DFS Lab launch fund to support African fintech startups

The fund will back startups building digital payment solutions on the Stellar blockchain.
Ogechi Nelson Apr 4, 2023
Cryptocurrency exchange company, BoundlessPay

Cardano-focused accelerator Adaverse invests in Nigeria's BoundlessPay

BoundlessPay joins a growing list of beneficiaries of Adaverse’s investment. Some other recipients include Afriex, Afropolitan, Bitmama, Canza Finance, Ejara and Stakefair.
Sam Adeyemo Feb 23, 2023
Pan-African Crypto Exchange Yellow Card Secures $40M in Series B Funding Round to drive business growth, expansion and strategic partnerships

Pan-African Crypto Exchange Yellow Card Secures $40M in Series B Funding Round to drive business growth, expansion and strategic partnerships

The company has now raised a total of $57 million, more than any crypto company on the continent has received to date.
Olanike Akinyemi Sep 19, 2022
Cardano's developer IOG invests in Kenyan fintech Pezesha

Cardano's developer IOG invests in Kenyan fintech Pezesha

The participation of blockchain-focused entities suggests that the fintech company now employs decentralized finance protocols as a source of debt finance.
Olanike Akinyemi Sep 2, 2022

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