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Report: Africa Fintech Startups Raised $2 Billion in 2021


Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021...

Cega Receives $4.3 Million in Funding for Exotic Structured Crypto Products


The next DeFi (Decentralized Finance) evolution is being built by Cega by introducing non-native capabilities to cryptocurrency. Cega Finance has raised $4.3 million from Dragonfly for this initiative.  The product developed by Cega is a decentralized app created on the Solana blockchain that...

Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding


On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs...

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