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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 […]
]]>Report: Africa Fintech Startups Raised $2 Billion in 2021
https://www.digit.info/report-africa-fintech-startups-raised-2-billion-in-2021/
Tue, 15 Mar 2022 13:30:48 +0000https://www.digit.info/2022/03/15/report-africa-fintech-startups-raised-2-billion-in-2021/Read more]]>Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021 Has Highest Number of Reported Deals The capital […]
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 […]
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021 Has Highest Number of Reported Deals The capital […]