The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software. The startup’s trajectory has been steep, as its clientele shot up from two to 50 in just over two […]
RIYADH: Raseedi has secured $850,000 in a pre-Series A round from the Japanese venture capital firm Samurai Incubate and an European investor, Wamda reported. The Cairo-based fintech, founded in 2018, helps dual SIM smartphone users in Egypt to optimize their telecom spending through its mobile app. “We’ve always been a super lean tech startup. We only spend on people and