EMEA fintech hits $39B in first half (H1) in 2021 up from $26B total in 2020

KPMG’s Pulse of Fintech’s report shows aggressive growth in EMEA thanks in large part to the UAE government’s efforts to foster digital transformation and the launch of the Dubai Digital Authority (DDA). According to GoFinance, the digital finance and insurance marketplace, expectations are that Fintech will continue to scale and accelerate.

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Nigeria’s Treepz closes $2.8M seed round, expands to Uganda with Ugabus acquisition

November 25, 2021

Nigerian shared mobility startup Treepz has closed out its seed round at US$2.8 million and expanded to Uganda with the acquisition of bus company Ugabus. Founded in 2019 and known as Plentywaka until its September rebrand, Treepz operates a digital platform allowing passengers to book daily rides along fixed routes. It also serves as an aggregator for bus travel companies across 21 cities in Nigeria, allowing transport operators to replace manual servicing and ticketing with digitalized offerings and services.

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