Category Archives: unicorns africa
August
After raising two hundred million dollars, Andela has become the latest unicorn on the African continent. Don't know Andela yet? Let's take a look together at this global unicorn valued at $1.5 billion. Introducing the Andela unicorn Founded in Nigeria in 2014, Andela is [...]
Feb
In the very recent past, Africa counted just 3 startups valued at over a billion dollars (unicorns). In less than 3 years, this number has almost doubled, with new companies achieving unicorn status thanks to numerous fund-raisings. Among these fast-growing companies are [...]
Jan
Over the past few years, African startups have been breaking records in the FinTech sector, with 7 unicorns already on the scene today. Flutterwave is perhaps the best example of this meteoric rise. This African startup specializing in payment services recently completed a symbolic financing campaign at [...].
Oct
If there's one fintech that's been in vogue in recent years, it's Chipper Cash, the new unicorn from Africa. The company, founded in 2018 by Maijid Moujaled and Ham Serunjogi, has developed a cross-border mobile payment solution including, among other things, a cryptocurrency-based exchange service. Among the many international players [...]
Oct
When you think of an efficient e-commerce service, the first name that springs to mind is Amazon. The American giant has made a name for itself over the years and boasts millions of users. However, this platform has had its work cut out for it over the last ten years with the African entity Jumia. [...]
Oct
In the world of fintech, the Wave unicorn deserves its name, even if superlatives probably suit it better. This is no mere wave in the world of money transfers, but a veritable groundswell. How did this start-up come into being, and what idea did it [...]?
Sep
It's hard to say which African companies can be considered unicorns, given the continent's ever-expanding market. What is certain, however, is that Interswitch is one of the companies that are exploding in Africa. Founded in Nigeria in 2002, the company has recognized the potential of payment [...].
Sep
In Africa, the preferred means of payment is still cash, a habit that tends to slow down the local economy. To overcome this problem, two Egyptian entrepreneurs, Ashraf Sabry and Mohamed Okasha, joined forces to create Fawry. This mobile payment application has truly revolutionized the way people pay in [...].