Angola-based fintech CYTO has raised $40K in angel funding from Catalytic Africa. The company builds tools to help businesses aggregate, analyze, and manage their operations in one place, tackling the banking fragmentation that complicates financial management across the continent.
CYTO Raises $40K Angel Round
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Ajim$9.8M+ flowed into African startups last week. Five companies raised across solar, lending, payments and AI talent. > Okra Solar (Nigeria) - $7M from British International Investment Led by CEO Afnan Hannan, Okra builds mesh-grids that let neighbouring homes share solar power.
The facility funds equipment for around 150,000 new connections in rural Nigeria. > Zyra (South Africa) - R46M (~$2.8M) from Laudian Investment Holdings The Johannesburg fintech group, led by co-founder and CEO PJ Slabbert, runs ZyraLend, which lends over WhatsApp. It logged 26,596 applications in its first month. > @CYTO (Angola) - $40K angel round via Catalytic Africa Co-founded in Luanda in
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