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SweepSouth raises $11M for further expansion

SweepSouth is an on-demand home clearing services platform that operates in South Africa, Nigeria, and Kenya. SweepSouth’s $11M round of funding will allow the company to further develop and grow its infrastructure.

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Zapper and Stitch partner up to enable EFT payments

Stitch offers instant EFT payments and financial data APIs for African businesses. LinkPay, Stitch’s flagship product, will make the instant EFT payments service available to Zapper’s customers, tokenizing their financial accounts and enabling verified payments and payouts.

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Sabi is set to tap into South Africa’s $9B informal economy

Sabi, a Nigerian sector-agnostic B2B marketplace for informal retailers, is tapping into South Africa’s $9 billion informal economy. In partnership with Vumele, Sabi will extend its reach and services to South Africa’s 800k+ informal retailers, including 800k+ spaza shops, spazarrettes, Kasi Kos traders.

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Gabrielle Hickmon Gabrielle Hickmon

FinTech Flutterwave Debuts in Tanzania

African FinTech Flutterwave has won approval from the Bank of Tanzania (BoT) to launch its service in the East African nation.

Flutterwave said it will open offices in Dar, the largest city and financial hub of Tanzania, to drive digital payments by enabling merchants and customers to trade through its platform.

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