Nigerian fintech startup AjoMoney is a community financing platform that digitizes Africa’s centuries-old rotating savings and credit associations (ROSCAs), making it possible for the 65% of Africans who are either unbanked or underbanked to access zero or low interest credit when they collectively save and invest money.
Kenya’s B2B agritech startup, iProcure, has raised $10.2 million in Series B funding to grow its presence in its current markets – Kenya and Uganda, and expand to Tanzania. The round was led by Investisseurs & Partenaires (I&P), with participation from Novastar Ventures, Ceniarth, and British International Investment (BII) participating.
Customer engagement and retention platform CleverTap has raised $105 million in a new financing round, the latest in a series of India-origin startups making fast inroads in the global SaaS race. The new round values the startup at about $775 million, up from $385 million in 2019. The startup operates cloud-based customer management and engagement tracking tools that help its clients sustain their user bases and increase their lifetime value.
T-Mobile will allow advertisers to target more than 20,000 screens in 11,000 store locations. That’s a lot of screens, but how much foot traffic does the average T-Mobile store get? It’s also linking up with streaming media company Plex as a CTV partner.