Fintech startup TeamApt completes Series B funding to expand its B2C offering

NIGERIA – TeamApt, a fintech startup which provides financial services for the underserved mass market in Africa, has announced the completion of its Series B funding round as it looks to expand in the aftermath of switching its focus from B2C from B2B. The round was led by Novastar Ventures with participation from FMO, Global Ventures, CDC, Oui Capital, Kepple Africa Ventures, Soma Capital, and a syndicate of local angel investors including Gbenga Oyebode. The funding will see TeamApt extend its offerings directly to customers and micro-SMEs, giving them access…

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TeamApt changes business model as expanding across West and North Africa

NIGERIA – TeamApt, the Nigerian fintech company that provides digital financial services solutions and payment infrastructure, has announced that it will be shifting its focus from delivering financial services products to banks to delivering products for consumers and businesses, as it aims to build on a strong performance in 2020. The Lagos-based fintech company is also exploring opportunities to deliver financial services for underserved individuals and businesses in other countries in West and North Africa. Founded in 2015, TeamApt has worked with a wide range of African banks and 100%…

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