TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Lightrock closes $500M fund to boost energy access startups

    The global push for sustainable development and climate-focused investing has taken another step forward as Lightrock announced the closure of its $500 million Accelerate7 Fund, a vehicle designed to back startups working on energy access and inclusive infrastructure across emerging markets. The fund will focus heavily on companies building solutions that expand reliable, affordable, and…

  • Yango Group’s $150M Africa push intensifies ride-hailing rivalry

    The African mobility and digital services landscape is entering a new phase of competition as Yango Group commits to a $150 million investment strategy aimed at deepening its footprint across the continent. The move signals a significant escalation in the ride-hailing and super-app race, where global and regional players are increasingly competing not just on…

  • VERICASH wins three awards for leadership in digital finance enablement

    The digital finance industry continues to reward platforms that combine innovation with operational reliability, and the latest recognition of VERICASH underscores how strategic leadership is becoming just as important as product development in the fintech ecosystem. VERICASH has secured three major industry awards, a rare achievement that signals growing confidence in its role as a…

  • Sorted raises $4.4M to power stablecoin wallets for basic phones

    The push to expand digital finance into underserved markets has taken a new turn with the latest funding milestone from Sorted, which has raised $4.4 million to accelerate the rollout of stablecoin-powered wallets designed specifically for users on low-cost and legacy mobile devices. At the heart of Sorted’s mission is a simple but ambitious idea:…

  • Africa’s payments app ranking: OPay leads, PalmPay rises, Afriex breaks in

    Across Africa’s rapidly evolving digital finance landscape, a new kind of competition is emerging—one that is no longer just about user acquisition or flashy features, but about structured performance rankings that attempt to standardise how payments apps are judged. At the centre of this shifting narrative, OPay has emerged as a dominant leader, PalmPay is…

  • GoTyme Bank launches staff ownership drive amid fintech talent battle

    South Africa’s fintech sector is entering a new phase of competition for top talent, and GoTyme Bank has made a bold move to stay ahead. The fast-growing digital lender has launched an employee ownership initiative that gives all staff members a direct stake in the business, signaling a major shift in how African fintech companies…