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Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

4 years ago
Anonymous $4bURcB5AtU

https://techcrunch.com/2019/12/01/africa-roundup-nigerian-fintech-gets-360m-mints-unicorn-draws-chinese-vc/

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups.

The month saw $360 million invested in Nigerian focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised for the entire continent in 2018, according to Partech stats.

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