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Ventures Platform Secures $64M First Close for Fund II to Power Africa’s Next Tech Wave
November 6 2025
Ventures Platform, Africa’s leading seed-stage fund, has announced the $64 million first close of its second fund, VP Pan-African fund II, aimed at deepening seed investments, catalysing Series A rounds, and driving its pan-African expansion to power the continent’s next tech wave. The fund is targeting a final close of $75 million.
Insurance Development Forum Announces First Close of Infrastructure Resilience Development Fund
October 20 2025
The Insurance Development Forum (IDF) is pleased to announce the successful launch of the Infrastructure Resilience Development Fund (IRDF). The IRDF, managed by Global Infrastructure Partners (GIP), a part of BlackRock, is based on the Infrastructure Resilience Development Blueprint that IDF members including AXA, Convex, Generali, SCOR, Swiss Re and Zurich developed over the past two years. This blueprint was then refined through intensive collaboration between the IDF and BlackRock/GIP.
Zepz Welcomes International Finance Corporation as New Investor
January 14 2025
Zepz, the Group powering global remittance brands WorldRemit and Sendwave, has announced that the International […]
Janngo Capital Has Reached the Final Close of Its Oversubscribed $78 Million Fund, Marking Africa's Largest Gender-equal Tech Venture Capital (VC) Fund
November 1 2024
Since inception, the firm has made about 30 investments in 21 startups and has successfully […]
TBC Bank Uzbekistan Secures Record US$ 38.2 Million Equity Investment From Shareholders to Leverage Growth Momentum
July 11 2024
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank and part of TBC Group […]
International Finance Corporation (IFC) and Ecobank Transnational Incorporated to Support Trade Finance in Seven African Countries
May 17 2024
To promote trade and foster economic growth in Africa, IFC has announced trade finance facilities […]
13 APAC Mobile Wallet and Digital Bank Leaders Sign Up for New MSME Initiative to Accelerate Inclusion and Sustainability Efforts
March 26 2024
Programme Sirius (Sustainability Innovation for Regenerative & Inclusive Purpose), supported by 13 Asia-Pacific fintech leaders […]
Bold Raises $50M in Series C Funding Round Led by General Atlantic
February 15 2024
Bold, a financial technology company enabling access to electronic payments in Colombia, has announced that […]
TerraPay raises $100 million in series B funding to expand global payments infrastructure
April 4 2023
TerraPay, a leading global payments infrastructure company, has successfully closed its Series B equity financing […]
Fintech Startup Uplinq Partners with the SME Finance Forum, Managed by the IFC
March 3 2023
Uplinq, the first global credit assessment and scoring platform for SMB lenders, today announced a […]
IFC Invests a US$ 75 Million Convertible Loan in SeABank
October 14 2022
IFC‘s investment is aimed at impulsing SeABanks‘s development strategies and increasing access to finance for […]
Open Banking Exchange (OBE) selected by IFC to run Philippine open finance programme
December 8 2021
As open finance develops as a global phenomenon, it is essential for different regions to […]
TradeDepot Raises $110 Million To Extend ‘Buy-Now-Pay-Later’ to Retailers Across Africa
December 6 2021
TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million […]
IFC invests $10m in FintechOS to boost financial inclusion globally
August 5 2021
FintechOS, the global technology provider for banks, insurers and other financial services companies, today announced a […]
13 APAC Mobile Wallet and Digital Bank Leaders Sign Up for New MSME Initiative to Accelerate Inclusion and Sustainability Efforts
March 26 2024
Programme Sirius (Sustainability Innovation for Regenerative & Inclusive Purpose), supported by 13 Asia-Pacific fintech leaders […]
Fintech Startup Uplinq Partners with the SME Finance Forum, Managed by the IFC
March 3 2023
Uplinq, the first global credit assessment and scoring platform for SMB lenders, today announced a […]
IFC Invests a US$ 75 Million Convertible Loan in SeABank
October 14 2022
IFC‘s investment is aimed at impulsing SeABanks‘s development strategies and increasing access to finance for […]
Open Banking Exchange (OBE) selected by IFC to run Philippine open finance programme
December 8 2021
As open finance develops as a global phenomenon, it is essential for different regions to […]
