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3232African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops
https://www.digit.info/african-fintech-startups-raised-1-45-billion-in-2022-sectors-share-of-the-continents-total-funding-drops/
Sun, 19 Feb 2023 10:30:23 +0000https://www.digit.info/2023/02/19/african-fintech-startups-raised-1-45-billion-in-2022-sectors-share-of-the-continents-total-funding-drops/Read more]]>Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised a combined US$976,146,000 or 29.3% of […]
Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised a combined US$976,146,000 or 29.3% of […]