Series D funding occurs after a business has raised funds in at least three prior rounds. By this point, the business might be planning for an exit like an IPO. by Julianne PepitoneUpdated on 13 Feb 2025 On this
Like in the developed world, most of the start-ups being funded in Kenya and other African markets are in the technology space. The growth of Internet connectivity has enabled innovators to come up with new solutions for problems in various areas such as payments, marketing, ente...
Founded in 2022 by Simanta Das, Vimal Kumar and Praveen Kiran, omnispay provides an all-in-one platform for small- and medium-sized enterprises to manage cash flow through collection, payment and lending services. The company claims to have signed up more than 1,600 businesses with strong mon...
To ‘win’ a grant, abusiness must meet the eligibility criteria and submit a formal application1. Unlike loans and most other startup funding options in Australia, grants don’t usually have to be repaid. This makes them an attractive option for those who are looking for a financial boost ...
Many business owners struggle to secure the initial funding needed to start or expand their companies. And for most small companies, securing timely funding from traditional sources is nearly impossible. Luckily, today there are a number of funding sourc
A startup funding “runway” is the amount of time a business can operate before it either needs more capital or it becomes profitable. When venture capital is involved, it's crucial for startups to put plans in place to extend their runway as much as possible. And this is also while ...
Kenyan fintech startups received $174.2 million (Sh25.2 billion) in funding in the 24 months to July this year, placing the country fourth in Africa by amounts received after Nigeria, Egypt and South Africa. The ‘Finnovating for Africa’ report published by research firm Disrupt...
Mr. Pierre Coussey, a Ghanaian businessman, underscored the importance of aligning infrastructure development with profitability. “If we want investment, we must show there is a return,” he said. Ms. Serwaa Agyemang-Botchey of Microsoft London urged stakeholders to start small and scale up ov...
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According to the research firm Disrupt Africa’s most recent Tech Startups Funding Report, Nigeria held onto the crown in 2022 as the best funded country in Africa for the second year running, and with the most funded startups. The country saw 180 startups (28.4% of Africa’s funded ve...