Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. Africa has it different. It’s not a predominantly card continent. Telecoms and banks lead the majority of online financial transactions carried out in the…

Flutterwave Raises $250M at Valuation of $3B to Become Nigeria’s Largest Financial Institution

It is now official: Flutterwave is the largest financial institution in Nigeria. Yes, its valuation is bigger than any bank in Nigeria by at least a billion dollars. Just this weekend, in Tekedia, I dropped this potential $3 billion number, as I discussed innovation, and creating a new basis of competition in markets. Yes, this…