Fintechs Raise Over $7.9M and Form Partnerships for African Financial Services - October 2025

Kuunda, a B2B fintech startup, has successfully closed a $7.5 million pre-Series A funding round to expand its financial inclusion initiatives across Africa and the MENA region. In a separate funding announcement, fintech startup Jahazii closed a $400,000 pre-seed funding round, comprising equity, debt, and grant financing. This investment will enable Jahazii to develop Africa's workforce operating system, integrating HR, payroll, and embedded financial services. The company's goal is to promote financial inclusion across the continent. Additionally, Triply has partnered with Verto to offer seamless cross-border payment solutions for Africa’s travel sector. This partnership aims to streamline financial operations for the sector's small and medium-sized enterprises (SMEs).