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FinTech news in TeamAPT category

African FinTech TeamApt got pre-Series C of $50M led by QED Investors

In TeamApt, QED finds a company that bootstrapped for four years before raising a venture round in 2019 but has grown 300% annually to build one of the largest fintechs in Africa (in revenue and market cap)–and is profitable.

Olu Oyinsan's Oui Capital, closes $30M second pan-African fund

Oui Capital, an Africa-focused VC firm based in Lagos and Massachusetts, announced today that it has completed the first closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen its presence on the continent.