Fintech

Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa

Fintech /

Since its launch in 2018 as a ride-hailing service in Togo, Gozem has steadily expanded across French-speaking West Africa, integrating a wide range of services as it sought to become a super-app. The company now offers ride-hailing, commerce, vehicle financing, and digital banking across Togo, Benin, Gabon, and Cameroon. Now, in a bid to scale […]

Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa Read More »

Brex eyes $500M in revenue as it adds the likes of Anthropic and Robinhood as customers

Fintech /

Fintech Brex expects its annual net revenue to reach $500 million in 2025, according to a person familiar with the company’s operations as cited by Bloomberg and The Information. While the startup did not comment on the specific revenue projection, it did share that Brex has seen “3x overall revenue growth” year-over-year. It also told

Brex eyes $500M in revenue as it adds the likes of Anthropic and Robinhood as customers Read More »

Is this 32-year-old a brilliant founder, or a deceptive fraudster?

Fintech /

Hi there, welcome to TechCrunch’s regular fintech newsletter. We’re going on hiatus for a bit, but you can still find our must-see fintech coverage, including my columns and our daily analysis and breaking news stories, at TechCrunch.com. If you want those stories and much more in your inbox every day, sign up for our daily

Is this 32-year-old a brilliant founder, or a deceptive fraudster? Read More »

Tether backs stablecoin liquidity provider Mansa in $10M seed round

Fintech /

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based but Africa-focused Mansa, whose offering allows payments companies to settle transactions and fund customer accounts instantly. The startup has raised

Tether backs stablecoin liquidity provider Mansa in $10M seed round Read More »

Kuda and CEO face allegations of sex discrimination and unfair dismissal from former executive, per filing

Fintech /

An employment tribunal case has placed Kuda Technologies, one of Africa’s fastest-growing digital banks, under scrutiny over allegations of workplace discrimination, harassment, and wrongful dismissal. Rosemary Hewat, Kuda’s former Group Chief People Officer (CPO), filed a complaint accusing the company and its CEO, Babatunde Ogundeyi, of sex discrimination, victimization, and unfair dismissal. According to the

Kuda and CEO face allegations of sex discrimination and unfair dismissal from former executive, per filing Read More »

VC Sheel Mohnot talks about Twitter fame, fintech, and the truth about AI startups

Fintech /

If you follow fintech on X, it’s very likely that you have come across the account of Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures. With over 150,000 followers, Mohnot has built an impressive presence on the social media site. Interestingly, many of his posts have nothing to do with venture capital. Mohnot

VC Sheel Mohnot talks about Twitter fame, fintech, and the truth about AI startups Read More »

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Fintech /

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO Read More »