Fintechs lead as African startups raise $138 million in September 2024—Report

African startups announced a total of $138 million in September 2024, encompassing equity, debt, and grants.

This is according to the latest report by Africa: The Big Deal, which indicates that fintech startups got the larger chunk of the funding.

While this figure is slightly below the monthly average of $159 million recorded over the past year, the number of startups securing significant investments was notably higher.

Read more at Nairametrics

Leave a Reply

Your email address will not be published. Required fields are marked *