Fintech accounted for 7 in every 10 million dollars raised in Q1 2023 by African startups

African startups raised $831 million in Q1 2023, about half of what was raised in the same quarter of the previous year. Financial Services startups accounted for 70% of the total amount raised in the quarter.

Source:
Intelpoint
Extracted from:
Period:
Q1 2023
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In Q1 2023, African startups raised half of what was raised in Q1 2022
African startups raised $831 million in Q1 2023, about half of what was raised in the same quarter of the previous year.

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