Financial Services Fintech Startups 

Nigeria’s Thank U Cash joins Canva and Udemy At 500 Startups

500 Startups, a San Francisco based seed accelerator programme company for innovative firms, has listed Nigeria’s Fintech startup Thank U Cash among other international startups to join its 26th seed accelerator programme. Thank U Cash, from the pile of 29 successful startups, listed as the only African-founded company in the rounds of about 3000 startups that earlier applied to be considered. This is how Thank U Cash, a connected analytical company, providing clients with real-time data documenting transactional behaviours of customers, joined the league of America’s 500 Startups family where…

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Financial Services Fintech Retail Startups 

Amman-based Liwwa raises $6 million to grow its SME lending marketplace

Amman-based fintech Liwwa has raised $6 million in equity investment led by Dutch Entrepreneurial Development Bank FMO. The round was also joined by 500 Startups Chris Larsen, Edgo VC, EFG-EV, Wamda Capital. The investment was made in December 2019 but has been announced today. Existing investors including Bank al Etihad, DASH Ventures and Silicon Badia also participated in the round. FMO (through MASSIF) had also previously invested in the startup in early 2018. This latest investment by FMO came from its newly created FMO Ventures, which is a $217 million (€200 million) program…

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