Softbank is betting big on Africa for the first time with an investment in Nigerian fintech startup Opay, bringing its value to $2 billion.

Nigerian fintechstartup Lidya has announced the raise of an $8.3 million pre-Series B funding round in an effort to expand its operations.

Nigerian startup Okra has secured a $3.5 million seed round to help the company continue to scale its fintech infrastructure across the West African nation.

African fintech startup Appzone has announced a $10 million Series A funding round to build upon its success and position itself as innovators in Africa.