Uganda’s Zofi Cash raises US$1M pre-seed funding to help it scale

Ugandan fintech startup Zofi Cash has secured US$1 million in pre-seed funding to double down on its commitment to ensuring that every day is a payday for salaried workers. An instant salary advance platform, Zofi Cash offers employees early access to wages, ensuring that people have the financial resources they need to take care of immediate needs without waiting until the end of the month.

More News

Next Article

Helium Health gets US$30M, backed by AXA IM Alts and 23andMe’s Anne Wojcicki

June 8, 2023

Helium Health, the African startup that provides software-as-a-service tools, financing and insights for healthcare providers and public health organizations, has raised $30 million in Series B funding. The news is coming three years after the Lagos-headquartered health tech secured a $10 million Series A and 18 months following a rare Africa-GCC deal involving UAE-based healthcare provider-patient interaction platform Meddy.

CDPI Emerging Markets
Previous Article

Google expands in Middle East with new cloud data centres in Qatar

June 8, 2023

Google said it is launching a cloud region in Qatar, its first in the Gulf state, boosting the country’s efforts to transform itself into a digital economy through innovation. A cloud region is the geographic area in which a cloud data centre is located. The move is expected to contribute US$18.9 billion to Qatar’s economic output between 2023 and 2030 and create 25,000 jobs in 2030 alone.

CDPI Emerging Markets