Industry: fintech
Sentiment: Positive
Total Articles: 2
Last Article: 2025-06-05 08:52:35+00:00
PalmPay, an African digital bank fintech, is negotiating a Series B round of $50-100 million. The company, now profitable, plans to use the funds to expand in Nigeria, scale its business offering, and enter new markets in Africa and Asia.
Lagos-based fintech Raenest has raised $11 million in Series A funding to expand its cross-border payment solutions across Africa. The company offers virtual USD, GBP, and EUR accounts for freelancers and businesses to receive international payments and manage multi-currency wallets.