Egypt’s Blnk, a fintech company on a mission to enable financial inclusion through rapid point-of-sale financing, has raised US$12.5 million in equity funding and US$24.6 million in local debt facilities to help scale its consumer finance operations. Founded in 2021, Blnk is an AI-enabled digital co
Tayo Akinyemi reports from Katapult Future Fest 2026 on narrative, belonging, and the boundaries of communities seeking to reshape how capital and technology serve people—previewing Capital for Infrastructure, her forthcoming project with Osarumen Osamuyi.
Blnk, an Egyptian financial technology company focused on point-of-sale lending, has raised $37 million in a mix of equity and debt to scale its consumer finance operations in one of the Middle East’s fastest-growing credit markets. The funding includes a $12.5 million Series A equity round led by A
Egypt’s fintech giant MNT-Halan has reached a valuation of $1.4 billion following the first closing of a new investment round led by Al Ahly Capital, the investment arm of the National Bank of Egypt. The transaction was finalized after securing all required regulatory approvals, with a second closin
RemotePass has raised $17.4 million in Series B funding to expand its global payroll and employment platform, as the UAE-founded startup moves into the US and Europe after reaching profitability last year. The round was led by the European Bank for Reconstruction and Development’s venture arm, with
Fintech platform – Yuno, has sealed a strategic partnership with Onafriq, a Pan-African payments network, to bring Africa’s most expansive payments infrastructure to merchants worldwide. Through this integration, Yuno’s clients gain instant access to Onafriq’s network spanning 43 African markets, ne
On Techpoint Digest, we discuss Africa's telecoms being hit by rising diesel costs, how TaxInfo is simplifying Nigeria's tax debate, and an American company betting big on Ghana's Ultranet.
Nigeria solved payments. Now it needs to solve power, capital, and AI governance. The DOA Business Series brought together the people building and regulating the digital economy to talk about what comes next.
MTN recently launched One TV, a digital entertainment platform designed to make video content more accessible across its markets and create new opportunities for content creators, broadcasters, and advertisers.
South African VC firm Aions Ventures has launched Aions Seed Fund I, a ZAR100 million (US$6.1 million) seed fund to back local early-stage tech startups and help bridge the country’s gap between early traction and Series A. Aions Ventures wants to work with early-stage founders building in areas suc
By Veerakumar Natarajan, Country Head, Zoho Kenya Advanced technology does not automatically create better businesses. More often, it introduces greater complexity. Across Kenya’s private sector, organisations are managing growing layers of disconnected applications, duplicated workflows, and siloed
3IF Ventures, the first venture capital fund dedicated exclusively to Africa’s insurance technology ecosystem, has secured a $12 million first close, drawing support from FSD Africa Investments and regional reinsurer ZEP-RE as cornerstone investors. The fund aims to address Africa’s vast insurance p
The Enugu State Government has warned against an alleged plan by some market leaders to shut down major markets within the state capital on Saturday to show support during a rally backing reelection of Governor Peter Mbah and President Bola Tinubu. The government stated that such a move contradicts
Nigeria is now the fastest‑growing country for software developers in Africa and the second‑fastest globally. The numbers are impressive and feed a powerful narrative about the continent’s digital future. But for Nigerian engineer and founder Idorenyin Williams, those growth figures risk hiding a mo
MTN Nigeria has responded to growing concerns among subscribers over what many describe as rapid data depletion, attributing the trend largely to evolving user behaviour, increased device connectivity, and data-intensive digital consumption habits. The telecom operator explained that several factors
By integrating with fintechs and payment providers that already serve businesses and consumers, networks such as Aptos gain access to real-world payment flows that can drive transaction volume, deepen liquidity, and strengthen network adoption.
