Announcing Winners of the 8th Edition of the Sankalp Africa Summit Awards africanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africanews.com Daily Mail and Mail on Sunday newspapers.
Kenyans Win At The 2021 Edition Of The Sankalp Africa Summit Awards cio.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cio.co.ke Daily Mail and Mail on Sunday newspapers.
1. Flutterwave hits “unicorn” status after closing $170m from investors
Nigerian payments startup Flutterwave has announced closing a US$170 million Series C funding round, taking its valuation to over US$1 billion.
The raised amount is the largest amount ever secured by an African tech startup.
The five-year old Fintech player builds modern payments technology and infrastructure for Africa to enable people and businesses connect with the global economy.
Reports revealed that the solution enables banks and merchants to replace multiple payment integrations with one simple API, which enables processing of any form of payment anywhere in Africa.
In August 2017, the startup raised US$10 million in Series A funding while it raised another US$35 million Series B in January 2020.
Announcing Winners of the 8th Edition of the Sankalp Africa Summit Awards – AfricaBusiness.com africabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusiness.com Daily Mail and Mail on Sunday newspapers.