UrbanGeekz founder and CEO Kunbi Tinuoye graced the stage at the inaugural Africa Gate to Growth Forum at the top-ranked university, UC Berkeley Haas School of Business. Tinuoye, a sought-after public speaker and leading voice in the global startup ecosystem, shared her perspective on a dynamic panel discussion on fundraising in Africa. She was joined by Salim Ben Hassim Soumbounou, a multinational business executive, among others. The ‘Unlocking Funding Opportunities for African Tech Companies’ panel offered invaluable insights into the challenges and opportunities faced by African startups. It examined a range of funding sources, including venture capital, crowdfunding, strategic partnerships, and debt financing. A key takeaway is the substantial impact of the African diaspora [whose remittances exceed $100 billion annually] as an untapped financial resource for developing startups on the continent. “We
Tag Archives: AfricaTech
Jan
SeamlessHR, a Nigerian startup helping businesses manage HR functions, has raised a $9 million Series-A extension round. The new funding from the Gates Foundation and Helios Digital Ventures brings the startup’s total funding to $25 million. The company plans to use the investment to expand across Africa, which may include acquisitions. Last year, the company reportedly held talks to acquire another HR tech startup in Nigeria. A Step Closer To Redefining Africa’s Productivity Although the company set out to raise $10 million, it eventually raised $9 million. This new funding comes months after SeamlessHR launched new embedded finance products that enable employers and employees to access critical financing solutions, including payroll financing, to fuel their growth and business performance. Related Post: African Remittance LemFi Secures $53M To Expand Into Europe