Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa

Y Combinator neobank Djamo raises M with 1M users across Francophone Africa

Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa

Admin1 year ago010 mins

Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large markets like Nigeria, Egypt, or South Africa, Djamo has carved out a niche in Francophone West Africa, specifically the Ivory Coast and, more recently, Senegal. It now serves over one million customers across both countries. The Y…

Fintech Mercury lands 0M in Sequoia-led Series C, doubles valuation to .5B

Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B

Admin1 year ago04 mins

Digital banking startup Mercury has raised $300 million at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital – a $120 million Series B round in 2021 that valued the company at $1.62 billion post-money. Sequoia led the…