Categories: Fintech

African fintech Pngme raises $15M for its financial data infrastructure platform

Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major players continue to raise more money for scale.

Less than a year after its $3 million seed round, San Francisco- and Africa-based fintech Pngme has snapped up another $15 million for its financial data infrastructure play. The company is also describing itself as a machine learning-as-a-service platform.

Octopus Ventures led the Series A round, with follow-on investment from Lateral Capital, EchoVC, Raptor Group and Two Small Fish Ventures.  Other investors like Unshackled Ventures, Future Africa, Lagos-based Aruwa Capital, and The51 participated too. Continue reading

(Image Credits: Pngme)

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Founded in 2018, Africa Tech Digest is the go to destination for a collection of tech news coming out of Africa and her Diaspora.

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