The Digital Source For China's Tech Innovation Since 2000

Search
Close

Chinese investors are again pouring millions into Africa's fintech start-ups

August 29, 2021
Source: scmp.com scmp.com
News Snapshot:
Based in Nigeria, mobile-payments platform OPay has raised US$400 million, pushing its valuation to US$2 billion. Photo: Handout Chinese investors are again pouring millions into Africa’s fintech start-ups - Venture capital funds return to the emerging market after staying away because of the economic uncertainty of the pandemic - Mobile-payment platforms are among the recipients in a region where many don’t have bank accounts or rely on alternative financial services Based in Nigeria, mobile-payments platform OPay has raised US$400 million, pushing its valuation to US$2 billion. Photo: Handout
Go To Original Source →
Tags: Africa | bank | capital | Chinese | Economy | finance | financial | financial services | fintech | mobile | Nigeria | OPay | Pandemic | payment | photo | platform | technology | venture capital

Other Related News:

Bengaluru’s Raman Research Institute reports breakthrough towards securing quantum communication via satellites

April 2, 2023

Life in an IIT: Inspired by ‘Rocket Boys’, how this IIT-Kanpur student aspires to serve the country

April 2, 2023

Beijing targets chipmaker Micron Technology

April 2, 2023

Market Rally Builds Momentum; Tesla Breaks Out With Deliveries Due

April 2, 2023

‘I couldn’t escape’: the people trafficked into call centres and forced to scam Australians

April 2, 2023

Scary map exposes huge China war threat

April 2, 2023

Coal-fired projects back on, mega lithium battery storage push in new power policy blueprint

April 2, 2023

Macron heads to Beijing, as Europe wrestles with the China challenge

April 2, 2023

BrahMos missile batteries to counter maritime threats from China, Pakistan

April 2, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter