Fintech platform Kippa raises US$8.4m to expand its offerings to Nigerian SMEs

NIGERIA – Kippa, a financial management and payments platform for small businesses, has announced that it has raised US$8.4 million in a new financing round. This fundraise brings the total fundraised by Kippa to US$11 million. In the oversubscribed round, Kippa welcomed global investors, including Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital (the venture arm of Credit Saison), Crestone…

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Telecoms company Telkom to provide US$0.3m funds for small businesses

SOUTH AFRICA – Telkom, a telecommunication provider, has launched a lending facility, targeting businesses with loans of up to R5 million (US$0.3m), joining its peers that are also providing funding options to small and medium enterprises. The telco unveiled the lending platform, inviting qualifying businesses to apply online, saying it is eliminating old-style bank processes, as fast funding for businesses…

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