Monthly Archives: July 2022

Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa

Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 million seed round. This investment is coming after the startup’s undisclosed pre-seed round last year. This financing welcomed participation from fintech giant Visa, Y Combinator, U.S.-based VCs Global Founders Capital and Goodwater Capital and UAE-based early-stage…

Canalys: Smartphone sales fell 9% in Q2 2022 due to oversupply and soaring inflation

Canalys posted a troubling report on the smartphone market for Q2 2022. Shipments between April and June fell 9% YoY after weaker demand, following “economic headwinds and regional uncertainty”. Samsung remained the top maker in Q2 while Apple retook second place from Xiaomi after strong iPhone 13 sales, while Chinese makers struggled at home. According…

Eka Care, a startup helping digitize health records of Indian patients, raises $15 million

Eka Care, a startup that aims to digitize the health records of Indian patients, has raised $15 million in a new financing round as it looks to hire more engineers and bring additional doctors to its platform, which has amassed over 30 million registered users and 5,000 doctors. Hummingbird Ventures led Eka Care’s Series A…