Africa's Markets, Startups & Money Moves — Updated Daily

Payments Infrastructure Company Moment Closes $22 Million Series A Funding to Scale its Collection and Billing Platform

Payments infrastructure company Moment has raised $22m in Series A funding, capital it will use to scale its collection and billing platform for enterprise merchants across Africa. The round was led by AlphaCode Venture Partners

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Oratomic Developing the First Utility-Scale Quantum Computer

Oratomic, which entered the race earlier this year with the goal of developing the first utility-scale quantum computer by the end of the decade, said this week that it has raised $300 million

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Indian Startup Scapia Raises $63 Million Funding Round

Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million in a funding round led by General Catalyst

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Pronto to Raise About $20 Million in Fresh Capital

Pronto, an Indian instant house-help startup, is finalizing a funding round led by tech investor Lachy Groom that would value the fast-growing company at about $200 million after investment

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Peak XV Announces That It Has Raised $1.3 Billion Funds

Peak XV announced on Friday that it has raised $1.3 billion across new India and Asia-focused funds

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