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Posts tagged with "africa"

ACQUISITION

Stripe Acquire Paystack for $200+ Million to Enter into Africa Region

October 15th, 2020

Stripe acquire online payment firm Paystack to accelerate online and offline commerce across Africa.

ACQUISITION

WorldRemit to Acquire Sendwave for $500 million

August 26th, 2020

Cross-border payments company WorldRemit acquire Sendwave, an app-based remittance company in a cash and stock transaction.

News

Global Remittances could fall $109 billion in 2020 because of COVID-19

August 3rd, 2020

A report said that due to Covid-19, the Global Remittances could fall by $109bn in 2020.

FUNDING

Mark Zuckerberg's Philanthropy Venture Invested $24 million in Andela

June 17th, 2016

Facebook Inc founder Mark Zuckerberg's philanthropy venture has made its first major investment, leading a funding round in a startup that trains and recruits software developers in Africa. The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Priscilla Chan, led a $24 million Series B funding in Andela, the startup...