TechCrunch Fintech reports a surge in funding for various startups, with notable highlights including Tabby's impressive $3.3 billion valuation after a $160 million Series E round. Other key players like India's Zeta and Mercury are also seeing increased valuations and new funding opportunities. Stripe is discussing a potential shareholder sale that could value it at $85 billion. Investments in fintech across Africa are on the rise, with startups like Raenest and Affinity Africa securing millions for expansion. This trend suggests a return to the booming market seen in earlier years.
Last week was particularly fruitful for fintech as several startups saw remarkable funding success, indicative of positive market trends in the sector.
Tabby, now valued at $3.3B, is the most valuable fintech in MENA, demonstrating impressive growth just 18 months after a $1.5B valuation.
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