Nigerian mobility fintech startup Moove raises $105M Series A2 round to scale globally

Nigeria-based mobility fintech startup Moove has raised US$105 million in an oversubscribed Series A2 round to scale to seven new markets across Asia, MENA, and Europe over the next six months. Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratizing vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.

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Silq spins its technology into visibility for apparel manufacturing

March 17, 2022

Brands in the clothing industry, have a hard time finding a factory that meets quality and capability requirements while also being transparent in communication. Silq puts its own employees on the ground in facilities to provide updates during the production process that results in improved product quality and accelerated speed-to-market. It is also leveraging growth in markets it is not operating in, including Asia and Latin America, but Radhakrishnan expects to have a presence in those regions by the end of the year.

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Kenya-based fintech 4G Capital to scale lending after raising $18.5M from Lightrock

March 17, 2022

Kenya-based fintech company 4G Capital, which provides unsecured credit to micro enterprises, has raised $18.5 million in Series C funding from global private equity firm Lightrock. The equity funding comes as the fintech plans to roll-out a series of new products and services including new loans that will increase the credit limit from $1,000 and allow longer repayment periods from the current maximum of one month. All this is in its plan to expand its clientele base and grow its profits.

CDPI Emerging Markets
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Customer Data Platform Industry Adds New Vendors: CDP Institute Report

July 12, 2024

Software vendors continued to add Customer Data Platform (CDP) capabilities to existing systems in the first half of 2024, according to the CDP Institute’s latest Industry Update report.  Nearly all of the dozen companies appearing in the report for the first time started as marketing or messaging applications and added CDP capabilities after they were built.  These firms accounted for most of the industry growth during the report period.

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