PayPal Inc Holdings Inc has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday. The companies declined to disclose the amount of the investment, but Tala said it will use the funding to further develop its product and broaden its reach. Based in Santa Monica, California, …

Cairo-based HitchHiker has raised $200,000 for its international P2P shipping platform, the startup announced today. The investment came from Dubai-based angel investors. Founded last year by Hussein Mahmoud El-Terawy and Hassan Selim, HitchHiker likes to call itself a social network (available as an Android and iOS app) that connects people wanting to ship something from Point A to Point B internationally with …

Make-IT in Africa, an African initiative that is currently operating in Kenya and Nigeria to support entrepreneurs by explaining to them how to access capital and foster on financial opportunities by sharing information. The initiative is also purposely working to match startups and investors by introducing funding instruments and sharing investors directories. Through their partnership with Allied Crowds and Victoria Ventures, …

Uber’s rival Taxify has Raised $175 million in their new funding led by Daimler. The new funding has welcomed Taxify to the unicorn Family after the valuation goes to the $ 1 billion. The company said it plans to deploy the capital to develop its technology and make further expansions in Europe and Africa. Given its extensive interest in mobility, it …

Piggybank.ng, an online and mobile app savings platform targeted at African millennials, this morning announced it has closed a seed funding of $1.1 million from high net worth individuals, led by Olumide Soyombo, founder of LeadPath Nigeria, and with participation from international and pan-African investors, Village Capital and Ventures Platform. “In a country such as Nigeria, almost everything has to be …

Uber Eats, the food delivery business of ride-hailing giant Uber, has acquired South African-owned restaurant technology company orderTalk in what is being billed as a significant exit for Cape Town-based venture capital firm Knife Capital. The deal, the terms of which have not been disclosed, will allow Uber Eats “to streamline workflows by directly integrating with leading point-of-sale systems”. (Listen to …

Honor, the fast-growing, comprehensive home care company for older adults, has raised $50 million in Series C financing, which will support the rapid expansion of the Honor Care Network, a first-of-its-kind national network of home care agencies and other providers. Honor recently added seven home care agency partners to its Care Network and is actively seeking partners in new and existing …

Since its launch,  Lydia has made over 1,500 business loans to help MSMEs in farming, hospitality, logistics, retail, real estate, technology, and health get the capital they need to grow their operations. Lydia has just announced raising $6.9m in Series A funding led by Omidyar Network, with support from early Paga investor, Alitheia Capital (via the uMunthu inclusive growth fund), Bamboo Capital Partners, and …

Janngo announces its first funding round to launch digital solutions tackling challenges faced by African SMEs. Janngo demonstrates its ability to attract both African and international capital with a pool of experimented investors including : Mulliez Family, a family office with a long-term patrimonial vision ; Clipperton, a leading independent Investment bank fully focused on high growth Technology companies and backed by …

Announced Earlier by  Disrupt Africa, Kenya’s Pawame has Raised $543k through CrowdFund ; “We have been fortunate to date to attract supportive, visionary equity investors and now for the first time, we have successfully crowdfunded a significant amount of debt finance through Trine, which bodes well for the future,” said Maurice Parets, CEO of Pawame. To date, Pawame has connected …