Nigerian startup launches virtual banking app for kids

Nigerian fintech startup Sproutly is a virtual banking app for children under the age of 17, providing digital savings products and a debit card with built-in parental control. Sproutly provides kids with an app-based savings account and linked debit card to allow them to save, manage and spend their money, while at the same time allowing parents to control outflows and set targets via a parents app.

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clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

June 2, 2022

Argentina-based clicOH is the latest shipping technology company attracting venture capital funding, raising $25 million in Series A funding in a round led by Tiger Global. ClicOH, operates in Argentina, Mexico, Chile and Uruguay, and its proprietary technology enables sellers to track shipments in real time via a dashboard with key indicators and traceability. That demand has enabled clicOH to grow quickly since launching its current business model in 2020.

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SA’s FoondaMate raises $2M seed round to close education inequality gaps

June 2, 2022

South African ed-tech startup FoondaMate has raised US$2 million in seed funding as it aims to close global education inequality gaps using its AI-powered learning platform. The Startup has built a chat-based, AI-powered learning bot that helps students get fast, easy and safe access to study materials and help via open chat platforms such as WhatsApp and Facebook Messenger.

CDPI Emerging Markets