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Nigerian e-health startup Clafiya closes $610k pre-seed funding round

Nigerian e-health startup Clafiya closes $610k pre-seed funding round
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Early-stage Nigerian VCs raise new funds for startup investment — Quartz Africa

"There is now a flight to fundamentals," Olu Oyinsan, of Oui Capital, said.

Iyinoluwa aboyejiSerena williamsAlexis ohanianOlu oyinsanMaya horgan famoduMichael seibelDayo koleowoOui capitalFuture africaIngressive capitalBusiness incubatorsPrivate equityEquity securitiesStartup companyY combinatorTiger management

Microtraction hits $15M first close on its second fund for pre-seed investment in African startups – TechCrunch

Microtraction, an early-stage venture capital firm that invests in African startups at the pre-seed stage, is announcing that it has reached the first close of its second fund, Microtraction Community Limited. The fund doesn’t have a set target at the moment, the founding partners told TechCrunch, but it achieved the first close at $15 million. […]

Micky malkaRazaq ahmedTola adesanmiAlexis ohanianSheel mohnotCharles hudsonMichael seibelJay alabrabaYele bademosiFrancis osifoElizabeth yinTilo bonowShola akinladeOdun eweniyiJesse ghansahKwamena afful

YC s new deal could make Africa s investors think longer term — Quartz Africa

African investors have considered what YC's new deal means for their approach to funding startups.

Uwem uwemakpanKayode nubiKyane kassiriDayo koleowoLemonade financeSaharan africanAdenike sheriffIyin aboyejiFuture africaSilicon valleyIngressive capitalEdited by ciku kimeriaY combinatorAfrica startup fundingAfrica venture capital

Lemonade Finance raises funding to ease payment for Africans abroad

Despite multiple international remittance products available for Africans to move money in and out of the continent, processing international payments is still far from painless.That’s why Lemonade Finance, a Nigerian startup that wants to ease the payment process for Africans in North America and Europe, was founded.

United statesUnited kingdomRidwan olalereDayo koleowoWestern unionGuaranty trust bankOpera softwareLemonade financeNorth americaVentures platformAcuity venture partnersCountry headUber nigeriaBrian cochranManaging partnerNorth american